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.

Oba Of Jebba     Dan Iya Of Ilorin     Coronavirus     Mahmud Durosinlohun Atiku     Centre For Digital Economy     Fatai Olodo     SSUCOEN     Dan Masanin     Kwara State Infrastructure Development Fund     Ahmad Ali     Yusuf Mubarak     Omotoso     Maja     CACOVID Palliatives     Aishatu Ahmed Gobir     Ilorin Metro Park     AbdulQowiy Olododo     Abdullahi Saadudeen Alikinla     Aliyu Sabi     Aro Yahaya     Nigerian Medical Association     Christian Association Of Nigeria     Doyin Group     ASKOMP     NIPOGA     Clara Nwachukwu     Bashir Adigun     Habeeb Saidu     Tanke Road     Ridwan Agboola     Crystal Corner Shops     Oke Sunna     Khairat Gwadabe     Solomon Edojah     Hydroelectric Power Producing Areas Development Commission     Kwara Metro Park     GGDSS Pakata     Senate Presidency     Mahfouz Adedimeji     Ministry Of Women Affairs And Social Development     CLAY POT     Hamidu Olowo     Erubu     Mohammed Lawal     Onilorin Of Ilorin     Abdulfatai Salman Baakini     EFCC     Idi-Ape     Otuka     Women For Change And Development Initiative     Pius Abioje     Olabimpe Olani     Plat Technologies     Farouk Salim     Abdulrahman Abdulrasaq     KW-GIS     Yahya Mohammed     Shehu Alimi Foundation     Imam Gambari     Agbarere     Muslim Media Watch Group Of Nigeria     Offa Poly     Yusuf Abdulkadir     Olubukola Kifayat Adedeji     Isiaka Danmeromu     Laduba     Ambassador Kayode Laro     Salihu Jibril Garbi     Irepodun     Iliasu     Baakini     Omotosho     Taofeeq Olateju     Waheed Ibrahim     RTEAN     Rafiu Ibrahim     KwaraLearn    

Cloud Tag: What's trending

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

Salman Suleiman     IFK     V.O. Abioye     Joseph Yemi Ajayi     Abubakar Abdullahi Bata     Akeem Lawal     Ilota     Ibrahim Oloriegbe     PPS     A.O. Belgore     Oluronke Adeyemi     Bola Iyabo Ibiyeye Adisa     Olabode George Towoju     Dele Belgore     IESA     Abiodun Jacob Ajiboye     Dogara     Mohammed Yahaya Barki     Old Oyo     Fatai Olodo     Ibrahim Bio     Obayomi Azeez     Abubakar Bature Sulu-Gambari     Amoyo     Col. Ibrahim Taiwo     Ishola Balogun Fulani     MATTA Girls Foundation     Kwara State Television (KWTV)     Lateef Ademola Olatunji     Nigerian Army     Musa Yeketi     Kolo     Simeon Ajibola     Yakubu Danladi     Bello Oyedepo     Dankaka     Taofeek Ibraheem     Kwara 2023     Rafiu Ajakaye     Kwara Primary Health Care Development Agency     Ilorin Emirate Staff Association     Aliyu Adebayo     National Information Technology Development Agency     Offa     Imodoye Writer’s Enclave     Oko     COVID     Katibi Ibraheem Adeola     Hameed Oladipupo Ali     Suleiman Idris     Toyin Falola     Abdulrasheed Lafia     Mamman Saba Jibril     Unicontinental Construction Company     Onikijipa     Idris Garba     Kemi Adeosun     Saliu Tunde Bello     Alaro     Titus Suberu-Ajibola     Garba Idris Ajia     MMWG     Shonga     Musbau A. Akanji     Atunwa     Razaq Ayobami Akanbi     Haruna Olawale Sulaiman     CACOVID     Musibau Akanji     Salihu Jibril Garbi     Ahmed Idris Mohammed     Jamila Bio Ibrahim     Kassim Babamale     Babatunde Idiagbon     Abubakar Ndakene     BECE     Firdaos Amasa