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.

Olosi Of Osi     Moremi High School     Mary Kemi Adeosun     Gbenga Olawepo     Kupchi Hosea Maxwell     Galadiman Ngeri     Saeedat Aliyu     Ilorin Durbar     Assayomo     Aliyu Umar     Kisira     Salihu Alhaji Musa     Onilorin     Ilorin Emirate Staff Association     Abubakar Ndakene     Saheed Popoola     Sheikh Ridhwanullah     KWATMA     Mufutau Gbadamosi Esuwoye     Nigeria Foundation For Artificial Intelligence     Alapado     Folajimi Aleshinloye     Ramadhan     Balogun Fulani     Zaratu Umar     Ogbondoroko     Ilorin Anchor Men And Women     Bolaji Aladie     Oloje     Ishola Moses Abiodun     Ibrahim Taiwo Road     Abdulwahab Olarewaju Issa     Turaki     Fareedah Dankaka     Ibrahim Oloriegbe     Afolayan     Wahab Isa     Elesie Of Esie     NTA Ilorin     Sulyman Age AbdulKareem     Ndakene     Alfa Yahaya Road     Yakubu Mohammed Abdullahi     Women For Change And Development Initiative     Suleiman Abubakar     08001000100     AbdulRazaq Jiddah     Yahaya Oloriegbe     Abdulrazaq Akorede     Special Adviser On Digital Innovation     Jani Ibrahim     Okasanmi Ajayi     Kwara State Printing And Publishing Corporation     KwaraLearn     Ayedun     Salihu Jibril Garbi     Kola Shittu     Imam Gambari     Idofin     Sobi FM     Tunde Saad     Awoye     Yahaya Dumoye     Dunmade     Gbugbu     Jeunkunu-Malete-Bani     AbdulKareem Yusuf Danhawa     NNPP     Dorcas Afeniforo     Lanre Issa Onilu     Prince Mahe Abdulkadir     Yakub Lai Gobir     Soffiyyallah Kamaldeen     Raliat Elelu-Habeeb     Bilikisu Gambari     Alimi Abdulrazaq     Ilofa    

Cloud Tag: What's trending

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

QuickWin     Baboko Primary School     Agboola Babatunde     Saliu Alamoyo     Aliyu Kora Sabi     Olofa Of Offa     Saad Omo\'ya     Alfa Belgore     Abdullah Janet Amudat     Olabode George Towoju     NURTW     Turaki Of Ilorin     Ado Bayero     Offa     Sadiq Umar     Ibrahim Oloriegbe     Mufti Of Ilorin     Oju Ekun Sarumi     Shero     Ilorin Innovation Hub     N-Power     CBT     Metro Park     Isin     Smart School     Tricycle Owners Association Of Nigeria     Bashir Badawi     College Of Health     Nigerian Supreme Council For Islamic Affairs     Kwara Basketball Association     Busari Alabi Alausa     Oba Mogaji Abdulkadir     Olabode Towoju     Haliru Yahaya     IHS Towers     Nigeria Governors\' Forum     KWASEIC     David Oyerinola Adedunmoye     Savannah Centre For Diplomacy, Democracy And Development     Mohammed Abduraheem     Kwara Apc     Umar Ahmed Gunu     Tafidan Kaiama     Olota Of Odo-Owa     Ebun-Olu Adegboruwa     Omoniyi M. Ayinla     Ilorin Curfew     Sherif Shagaya     Abdulganiyu Oladosu     Taofeeq Olateju     Ilorin South     YAKOOYO     Talaka Parapo     Shehu Raheem Adaramaja     Funmi Salau     KWTV     Kanu Agabi     Aremu Odolaye     Overland     Abdulrazaq Adebayo     Laduba     Bashir Adigun     Seun Bolaji     National Information Technology Development Agency     Arinola Lawal     Sabitiyu Grillo     Sarafadeen Kayode Akorede     ASUU     Isiaka Gold     Magaji Erubu     LEAH Charity Foundation     Sarah Jubril     African Democratic Congress     Sambo Murtala     Mamatu Abdullahi     Yaru     Akeem Lawal