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.

Titus Suberu-Ajibola     Jimoh Akani     Ubandoma     Obayomi Azeez     Bayo Mohammed Onimode     Yusuf Badmus     Binta Abubakar Mora     Abdulrasheed Na\'Allah     A.G.F Abdulrasaq     Afeyin-Olukuta     Sherif Sagaya     Olusegun Adeniyi     Tafida Of Kaiama     Taofeeq Olateju     Vishvas KOZ Tractors     Ubandawaki     Nigeria Governors\' Forum     Olofa Of Offa     Ekweremadu     Alumni Association Of The Federal Polytechnic Offa     Mutawali Of Ilorin     Mutawali     Moji Makanjuola     Chief Imam Of Ilorin     Baboko     Sulyman Abdulkareem     Toyin Falola     Olota Of Odo-Owa     RTEAN     Special Agro-industrial Processing Zone     Markaz Arabic And Islamic Training Institute, Agege     Yahaya Jibril Usman     AbdulRasaq Abdulmajeed Alaro     International Aviation College     Saba Mamman Daniel     Oniwa     Federal College Of Education (Special), Afon     Toyin Olayinka Tejidini     Valsolar-Kwara Company Limited     Offorjama     Balogun Gambari     GAMA     Damilola Yusuf Adelodun     Wahab Kunle Shittu     Kayode Ishola     Yakubu Mohammed Abdullahi     Ebun-Olu Adegboruwa     Ita-Ore     Isiaka Alikinla     David Oyepinola Adedumoye     Ajasse-Ipo     20 Billion Bond     Olatunde Oyeyiola     Tayo Alao     Kayode Zubair     Ganmo Electricity Sub-Station     Pius Abioje     Shaykh Luqman Jimoh     Yakubu Gobir     Idiagbon     Mohammed Lawal Bagega     SUBEB     Mohammed Ajia Ibrahim     Hijab     Memunat Monsuma     Abdullahi G. Mohammad     Bamidele Aluko     Ramadan     Sheikh Alimi     Abdullahi Dasilva Yussuf     Saadu Gbogbo Iwe     Iyabo Dupe Adekeye     Ahmad Belgore     Ahmad Olayiwola Kamaldeen     Odolaye Aremu     Irepodun     KFA    

Cloud Tag: What's trending

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

Kayode Zubair     Owo Arugbo     International Public Sector Accounting Standards     Okedare     Pategi     Senior Ibrahim Suleiman     Www.Kwarareports.com     Salami Adekunle     Chief Imam Of Ilorin     Chief Imam Of Offa     Chief Imam Of Lafiagi     Isa Aremu     SUBEB     Emmanuel Bello     AbdulFatai Adeniyi Dan-Kazeem     Amosa     Umar Ayinla Saro     Share-Tsaragi     Salihu S. Yaru     Salihu Jibril Garbi     National Association Of Nigerian Students     Yoruba     Kumbi Titilope     Isin     Bamikole Omishore     Moshood Mustapha     Adeniyi Ojo     A.G.F Abdulrasaq     Oluwole Dupe     Ronke Adeyemi     Issa Baba     Funmilayo Isiaka Oniwa     Salau Kabiru Abdullahi     Ahmad Olayiwola Kamaldeen     Press Release     IDPU     Yahaya Oloriegbe     Mufutau Olatinwo     Pius Abioje     Oko     Chief Imam Of Omu-Aran     Durbar Festival     JUSUN     Ahmad Belgore     Adijat Adebiyi     Popo-Igbonna     Millennium Development Goals     Yusuf Abdulkadir     Medinat Folorunsho Salman     Shade Omoniyi     Maigida Soludero Transit     Oniwasi Agbaye     Ganiyu Abolarin     Halimat Yusuf     Amuda Aluko     Bashir Adigun     Baboko     Abdulfatai Ahmed     Post Utme     Kwara State Council Of Chiefs     Amule     Mopelola Abdulmaliq-Bashir     Abdulganiyu AbdulAzeez     Kwara State Branch Of The National Library     Christopher Odetunde     Isiaka Yusuf     Plat Technologies Limited     Fatimat Saliu     Aisha Gobir     Government Girls’ Day Secondary School Pakata     Ambassador Kayode Laro     07039448763     Garba Ayodele Wahab     Muhammadu Buhari     Suleiman Ajadi     Kwara Muslim Pilgrims Welfare Board     Oluwarotimi Boluwatife Adenike