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.

Olaoye B. Felix     Ayegbeni     Ishola Abdullahi     Oyedun Juliana Funke     Bature Bello     Alfa Modibbo Belgore     Harafat E. Mukadam     Yetunde Balogun     Kwara State Coalition Of Business And Professional Associations     Kwara Pdp     Yahaya Abdulkareem Babaita     Tafida Of Kaiama     Wahab Isa     Olohungbebe     Nupe     V.O. Abioye     Bayer AG     Lola Olabayo     Toyin Saraki     Micheal Imodu-Ganmo Road     Abikan     Gbenga Olawepo     Muftau Akanbi Oke     Asa     Isiaka Yusuf     Wahab Olasupo Egbewole     Gbadeyan Gbadura Yomi     Isiaka Alikinla     Isiaka Rafiu Mope     Abdulrahman Abdulrazaq     Henry Olaosebikan     Galland Marcias     Sunday Fagbemi     James Ayeni     Bola Olukoju     Rihanat Ajia     Christopher Odetunde     Babaita     Tsaragi/Share     Ishaq Oloyede     Labaeka     Mohammed Yahaya Barki     Solomon Edoja     Hamidat Sulyman-Yusuf     Offa Metropolitan Club     Amule     Folaranmi Aro     Oasis Muslim Care Foundation     Ambassador Kayode Laro     Olaiya Victor Mobolaji     Ibrahim Orire     Soffiyyallah Kamaldeen     Umar Ayinla Saro     Bamidele Adegoke     Hassan Taiye Salam     Ajayi Okasanmi     Senior Special Assistant On Student Affairs     Fatimoh Lawal     Offa Descendants Union     Ilorin General Hospital     Usman Rifun     Cassava Growers\' Association     David Oyepinola Adedumoye     John Dara     Bilikisu Gambari     Isapa     Mohammed Ibrahim     Abdulrazak Shehu Akorede     Islamiya Abdulraheem     Raliat Elelu-Habeeb     Yusuf Abubakar     Tope Daramola     Hajj     Moremi High School     Abdulazeez Uthman     Olusin Of Ijara Isin     Jimoh Olusola Imam    

Cloud Tag: What's trending

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

Ibrahim Taiwo Road     Muslim Cementary     Temi Kolawole     Abraysports FC     Waheed Ibrahim     Yakubu Shaaba     Valsolar-Kwara Company Limited     A.O. Belgore     Kwara State Council Of Chiefs     Ramadhan     Muhammad Fawaz Abubakar     Lucky Omoluwa     Ahman Pategi University     Oluwole Dupe     Oniye     Amusa Bello     Taofik Mustapha     IHS Towers     Centre For Peace And Strategic Studies     Osi     Junior Secondary School Certificate Examinations     Abdulazeez Arowona     Fatai Adeniyi Garba     Abdul-Rasheed Na\'Allah     Titus Suberu-Ajibola     Atiku Abubakar     Saka Aleshinloye     Ifelodun     SUBEB     Waziri Yakubu Gobir     Shaaba Lafiagi     Oke-Ogun     Admiralty Villa     Rueben Parejo     TIIDELab     Wole Oke     Vasolar Consortium     Otuka     Police Commissioner     Khairat Gwadabe     Ajasse-Ipo     Titus Ashaolu     Moro     Talaka Parapo     Saliu Shola Taofeek     AGF Abdulrazaq     KWASAA     Taofeek Sanusi     Yakubu Danladi     Sobi Specialist Hospital     Azeez Salawu     Ilorin South     Kwara State Infrastructure Development Fund     Mufutau Gbadamosi Esuwoye     Yekeen Alabi     Abdulazeez Uthman     Kamaldeen Ajibade     Sulyman Buhari     Olayinka Olaogun     Hauwa Nuru     Abubakar Abdulraheem     Savannah Centre For Diplomacy, Democracy And Development     Akeem Olatunji     John Mayokun Dada     Local Government Pension Board     Tunde Kazeem     All Confederation Of Principals Of Secondary Schools     Kola Bukoye     Adisa Logun     Iyiola Oyedepo     Bello Bature     Abdulraheem Olesin     Issa Baba     Maryam A. Garuba     Musa Abdullahi     Ramat Oganija     Adedeji Onimago