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.

Harafat E. Mukadam     Abdulmumini Sanni Jawondo     07039448763     Congress For National Consensus     Moshood Mustapha     Is\'haq Modibbo Kawu     Olupako Of Share     Oko Erin     Suleiman Rotimi Iliasu     Sulu Gambari     Amos Sayo     A.G.F Abdulrasaq     International Aviation College     Magaji Nda     Share/Tsaragi     Tope Daramola     Abdulbaqi Jimoh     Isau     Sulyman Abdulkareem     Toyin Saraki     Victor Gbenga Yusuf     Saliu Oluwole     Shuaibu Yaman     Abdulmutalib Shittu     IF-K     Tanke Road     Olatunde Oyeyiola     Isin     Kwara Apc     Kwara Volleyball Association     Colleges Of Education Academic Staff Union     Yusuf Amuda Aluko     Ibrahim Akaje     Wahab Femi Agbaje     FERMA     Lateef Ademola Olatunji     Aliyu Salihu     Chief Imam Of Lafiagi     Oniyangi     National Party Of Nigeria     Gbenga Adebayo     Yusuf A. Usman     Kubra Kazum     NSCIA     Ayodele Olaosebikan     Shururat Olatinwo     Solomon Edoja     Olatunde Olukoya     JUSUN     Christian Association Of Nigeria     Oye Tinuoye     08001000100     Omu Aran     Ganiyu Abolarin     Saba Jibril     Tescom.kwarastate.gov.ng     Buari Edun     Ajeigbe     CACOVID     Bola Olukoju     Arinola Lawal     ASUU     Muslimah Entrepreneurship Forum     Fareedah Dankaka     Binta Sulyman     Ayinke Saka     Muritala Olarewaju     Christopher Tunji Ayeni     Mahe Abdulkadir     Ghali Muhammed     Yakubu Mohammed Abdullahi     Joshua Adeyemi Adimula     James Kolo     Ilorin Airport     Yusuf Lanre Badmus     Balogun Ajikobi     Abdulrasaq Alaro    

Cloud Tag: What's trending

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

Abraysports FC     Age AbdulKareem     Lola Ashiru     Ohoro Of Shao     Aminu Adisa Logun     Chief Of Staff     Bashirat Bola Bello     Owu Fall     Oluwatoyin Lukman     COEASU     Ilorin East/South Federal Constituency     Ramat Oganija     CKNG     Oyelere Oyinloye     Voices Of Tomorrow     Federal Allocation     Gaa Olobi     2023 Elections     Iyeru Grammar School     Tunde Saad     Atunwa     Dunmade     Tunji Moronfoye     Mahmud Durosinlohun Atiku     Isaac Aderemi Kolawole     Sulu Gambari     Eghe Igbinehin     SSA Youth     Binta Sulyman     SSUCOEN     Emir Of Kano     College Of Arabic And Islamic Legal Studies     International Vocational Centre     Saka Isau     Garba Ayodele Wahab     Arca Santa     Kwara State Government     Dapo Teni Nig Enterprise     Shuaibu Yaman     Garuba Alikinla Shittu     Kunle Okeowo     Fatimah Abdulkadir     Ilorin Amusement Park     National Information Technology Development Agency     Abdulrazaq Sanni     Muhammed Akanbi     Abdullahi Imam Abdullahi     Saduki Lafiagi     Shaaba Lafiagi     David Adesina     Abdulkadir Remi Hawawu     Florence Saraki     Oyeyemi Olasumbo Florence     Rapheal Ashaolu     Patigi Regatta     Lucky Omoluwa     Moses Adekanye     Yoonus Kola Olatinwo     Najim Yaasin     Inside Kwara     Ilorin     Olukotun Of Ikotun     Kazeem Oladepo     Ahmed \'Lateef     Ayinde Oyepitan     Oba-Solagberu     Gurei     Islamiya Abdulraheem     Ebun-Olu Adegboruwa     Ilofa     Onilorin Of Ilorin     Ope Saraki     George Funsho Adebayo     Kwara TV     Moses Rahman Popoola     Alagbado     ER-KANG