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.

CUTI     Funmilayo Zubair     Aishat Mohammed Lawal     Muhammed Akanbi     Sa\'ad Alanamu     AbdulQowiy Olododo     Ebola     ASMAU PLAZA     Kolo     CKNG     Fatai Adeniyi Garba     Elerin Of Erin-Ile     Saba Mamman Daniel     Aminat Ahmed     Congress For National Consensus     Gbemisola Oguntimehin     Muhammad Sirajo Aliyu     Wahab Isa     Jimoh Lambe Abdulkareem     Aminu Adisa Logun     Yaman     Fatimah Abdulkadir     Shehu Jimoh     Jide Oyinloye     3MTT     Yahaya Abdulkareem     SSA Youth     Centre For Digital Economy     Saliu Shola Taofeek     Share-Tsaragi     Memunat Monsuma     Zulkifli Ibraheem     KWATMA     Mahee Abdulkadir     Kubra Kazum     Iliasu     Yomi Ogunsola     Mohammed Khadijat Kubura     Tsaragi     Esinrogunjo     Erubu Oba Zubair     Alabere     Kumbi Titiloye     HAMFAT Clinic And Maternity     Amos Justus Sayo     BIR     Jimoh Akani     Yahaya Seriki     Abiodun Musa Aibinu     Basic Education Certificate Examination     Arandun     Abdulazeez Uthman     Ben Duntoye     Ilesha-Gwanara     Sulyman Atolagbe Alege     Public Holiday     Local Government     Ita-Ore     Christian Association Of Nigeria     Raheem Adaramaja     Yakub Lai Gobir     Suleiman Yahya Alapansapa     John Dara     ER-KANG Mining Nigeria Company Limited     Joseph Alex Offorjama     Yusuf Aiyedun     Abubakar Olusola Saraki     Aisha Ahman-Pategi     Shehu Raheem Adaramaja     Agbarigidoma     Yemi Osinbajo     Kanu Agabi     Dauda Adeniran Adeshola     Haruna Tambiri Mohammed     Doyin Agbamu     Yoruba     Ibrahim Abdullahi    

Cloud Tag: What's trending

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

Ahmed Idris Mohammed     Amos Justus Sayo     Yomi Adeboye     Maigida Soludero Transit     Bisi Kristien     LAK Jimoh     Sheikh Ariyibi     Sulyman Atolagbe Alege     Kwara State Printing And Publishing Corporation     Muhammad Ghali Alaaya     Umar Bayo Abdulwahab     Tunji Oyawoye     New Naira Notes     Oloruntoyosi Thomas     Abatemi Usman     Galland Marcias     Abdulwasiu Bolaji Adeyi     Islamic Development Bank     Ajase-Ipo     Sa\'adu Salahu     Ahmed Ayinla Jimoh     Kola Shittu     Bashir Omolaja Bolarinwa     Abdulkadir Orire     Yusuf Olaolu Ali     Oba Abu     Mohammed Abduraheem     Wahab Femi Agbaje     Basit Olatunji     Summit University     Wole Oke     Abdullahi Adisa Akodudu     Quranic Recitation Competition     Isa Aremu     Bilikisu Gambari     Bayo Ojo     Tinubu     Ojo Fadumila     Adedeji Onimago     Abdulrahman Onikijipa     Florence Saraki     Abegunde Goke     Sanusi Abubakar     Muslim Media Watch Group Of Nigeria     Buari Edun     Okeose Christian Cementary     Kwara Politics     Adebayo Mohammed Kamaldeen     Yunus Oniboki     Folajimi Aleshinloye     Offa Poly     Senior Special Assistant On Student Affairs     Durbar     Dauda Adesola     Kwara Central     Democracy Day     Ahmad Belgore     NITDA     Muhammed Abdullahi     Chief Imam Of Omu-Aran     Ilorin Water Reticulation     AbdulRahman Saad     Olayinka Olaogun     Okanlawon Musa     Roseline Oni Aremu     Joana Nnazua Kolo     Erubu Oba Zubair     ITEM 7     Abdulrazaq Magaji     Abdulmalik Bashir Mopelola Risikatullahi     Council Of The Wise     Gbemisola Saraki     Ibrahim Sulu Gambari     College Of Arabic And Islamic Legal Studies     Sheu Ndanusa Usman     Jimba Babatunde     Olabode George Towoju