3,000 Kwara SMEs to Get Post-COVID-19 Relief Grants
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.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Kamaldeen Gambari Kwara Politics Omu-aran Suleiman Rotimi Iliasu Abdulsalam Firdaous Amosa Haruna Olawale Sulaiman Aliyu Muhammed Oni Adebayo Ajidagba Kehinde Baale Mohammed Lawal Bagega Michael Ologundea SWAN Abdulwahab Olarewaju Issa Abiodun Musa Aibinu Kwara State Sports Commission Ajuloopin Aisha Ahman-Pategi National Information Technology Development Agency Turaki Wakilin Mata Lafiagi Yekeen Alabi Leke Ogungbe AbdulFatai Adeniyi Dan-Kazeem Oba Abu Sulyman Abdulkareem Yunus Lawal Cornelius Adebayo AbdulRauf Keji Kola Adesina Shuaib Abdulkadir Owo Isowo Yusuf Abubakar Femi Agbaje Apaokagi David Oyepinola Adedumoye Funmilayo Zubair Bola Shagaya Seni Saraki Olaosebikan Olatunji Bamgbola Kumbi Titiloye Afusat Nike Ibrahim ER-KANG Mining Nigeria Company Limited Salihu Ajia Mamatu Abdullahi Kpotum Mohammed Baba Barakat Community Secondary School Bond All Confederation Of Principals Of Secondary Schools Shehu Alimi Foundation Kubra Kazum Ibrahim Gambari Abdulrauf Aliyu Maryam Nurudeen Atiku CLAY POT Valsolar ITP Democracy Day Lanre Badmus Dapo Teni Nig Enterprise NFAI Omoniyi Ayinla Shoprite Aishat Sulu-Gambari Taofeek Ibraheem Oba Of Jebba Saduki Lafiagi Aliyu Alhassan Ahmed Dankaya Hamid Bobboyi Federal Road Maintenance Agency Fatai Olodo Lukman Oyebanji Fagbemi KWASIEC Folashade Omoniyi

