3,000 Kwara SMEs to Get Post-COVID-19 Relief Grants

Date: 2022-06-27

About 3,000 Small Scale Business Enterprises(SMEs) owners in Kwara State have been selected to benefit from the first batch of operational cost grants under the Kwara COVID-19 Action Recovery and Economic Stimulus (CARES) Programme.

The programme, a World Bank initiative to be underwritten by the state government, is designed to cushion the effects of COVID-19, improve the state of MSMEs to boost the local economy, and increase the employment rate in Kwara State.

The Operational Team Lead of the Kwara COVID-19 Action Recovery and Economic Stimulus (CARES) Programme, Mr. Jaiye Jegede, stated this in Ilorin in a statement yesterday.

He said: “4,225 successful applicants underwent the vetting process for disbursement linked indicator, DLI 3.2.

At the end of the vetting process, over 3,000 successful applicants are currently being contacted for enumeration by agents from the Bank of Industry”.

Jegede announced that over 20,000 applicants from across all 16 local governments had applied through a hybrid of online and offline registration processes at the Ministry of Business, Innovation and Technology and the Kwara state Social Investment Programmes office.

“Following the registration, which was open to all small business owners in Kwara state, over 4,000 successful applicants for the operational cost grants (also known as disbursement linked indicator 3.2) were contacted by the Bank of Industry (BoI), who are the implementing partners to fill a vetting form requesting for further information on their businesses,” he added.

The statement explained that the programme would kick off disbursement with the operational cost grants also known as DLI 3.2, followed by the Credit grant and IT enhancement grant.

“The programme is focused on improving the employment rate and ease of running businesses in the state,” it added.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Playing Host     AbdulRazaq Jiddah     Coronavirus     ARMTI     Toun Okewale-Sonaiya     Rebecca Olanrewaju     Convocation Ceremonies     Olatunji Ibrahim     Agbarere     Yusuf Olaolu Ali     Raliat Elelu-Habeeb     Shehu Raheem Adaramaja     Olawuyi     Olateju Lukman     KW-GIS     Ella Supreme Tissue Paper     Zara Umar     Bahago     Magaji Nda     PAACO-PCL Consortium     Durosinlohun Atiku     Lanre Badmas     Yeketi     Muhammed Abdullahi     Bibire Ajape     Transition Implementation Committee     Omupo     Gbenga Olawepo     Majlis For Sadaqah, Zakat And Waqf     20 Billion Bond     Adama Isa     Sobi Specialist Hospital     Kwara State Branch Of The National Library     Aasiyat Bello Oyedepo     Plat Technologies     Mutawalle     Abdulfatah Ahmed     Hassanat Bello     Nigeria Governors\' Forum     LAK Jimoh     Moses Rahman Popoola     Amosa     NYSC     Saka Asiat Ayinke     Baba Issa Awoye     Abdulrauf Aliyu     Shehu Salau     Olosi Of Osi     Prince Bola Ajibola     Saka Keji     NIPOGA     Kwara State Pension Board     KWSUED     Hijab     Baaziki Sulaiman     Salihu S. Yaru     Zulkifli Ibraheem     Abdulkadir Jimoh     Awodun     Nupe     Sulu Gambari     Titus Suberu-Ajibola     Amos Justus Sayo     Valsolar Consortium     Abdulazeez Arowona     Taofeek Ibraheem     Adam Abdullahi Al-Ilory     Sunday Otokiti     Ishaq Salman     Alloy Chukwuemeka     Idris Amosa Saidu     Olufolake Abdulrazaq     Oluronke Adeyemi     Hydroelectric Power Producing Areas Development Commission     Ilorin Central Mosque     Isiaka Danmeromu     Apaola    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

College Of Education     Dele Belgore     Kwara State Fish Farmers Association     M.Y. Abdulrahaman     Alapado     Oloje     Moronfoye     PPS     COEASU     Kwara Politics     Samari     Iyabo Adisa Ibiyeye     NFAI     Igosun     Bilikisu Oniyangi     Ahman Pategi University     Babaita     Kunle Okeowo     Press Release     Yakubu Danladi     Ilorin Central Mosque     Osinbajo     Kwara State Health Insurance Agency     Dar-Al-Handasah Consultants     MalHub     Okin Biscuit     NURTW     Shonga Farm Project     Ahmed Bayero     Kunle Suleiman     Sunset Workers     John Obuh     Ibrahim Kayode Adeyemi     NaAllah     Kwara State Television (KWTV)     KWASIEC     Muideen Olaniyi Alalade     Salman Alada     PAACO-PCL Consortium     Abdulhakeem Amao     Abegunde Goke     Abdulrazaq Solihudeen     Oyun     Hamza Usman     Abdulganiy Abimbola Abdussalam     Umaru Saro     Mahee Abdulkadir     Baba Issa Awoye     Issa Oloruntogun     Garba Idris Ajia     Adesoye     Hamidat Sulyman-Yusuf     ITEM 7     Ilorin South Constituency     Kwara State Internal Revenue Service     Sheikh Alimi     Onikijipa     Odolaye Aremu     Rex Olawoye     Earlyon Technologies     Irepodun     Lanre Badmas     Mohammed Ibrahim     Kwara Primary Health Care Development Agency     Ridhwanullah Al-Ilory     Vasolar Consultoria     Sadiq Umar     Kwara 2019     Hussein Olokooba     Sulaiman Gado     Babs Iwarere     Ashiru     United Nigeria Airline     Balogin Alanamu     Mohammed Lawal     Khairat Gwadabe     Bureau Of Lands