3,000 Kwara SMEs to Get Post-COVID-19 Relief Grants
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.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Abdullah Janet Amudat Umar Adelodun Bolakale Saka Mohammed Abduraheem Laboratory-to-Product Odogun Olushola Gabriel Jaigbade Alao AbdulRazaq Jiddah Jimoh Saadudeen Muhammed Olatunji Ayeni Baba Issa Awoye Kwara Pdp JSSCE Funmilayo Oniwa Tricycle Owners Association Of Nigeria Igbaja ASKOMP Suleiman Yahya Alapansapa Kwara State Council Of Chiefs Mohammed Ibrahim Sulyman Atolagbe Alege Laduba Voices Of Tomorrow Abubakar B.M Tunji Arosanyin LABTOP Hussein Oloyede Ganmo Ibrahim Bio Aliyu Umar Lanre Olosunde Hassan Abdulazeez Elewu Ramat Oganija Otuka Halimat Yusuf Elese Of Igbaja Zainab Abass NSCIA Shaykh Luqman Jimoh Olam Food Ingredients Abdulrahman Onikijipa Towobola Abdulrahman Toyin Saka Keji KWASAA Shettima Of Ilorin Labour Party Simeon Sayomi Ojuekun HICA Col. Adedipe Ayo Adeyemi Ajia-Bako Titus Suberu-Ajibola Daud Adeshola Jumoke Gafar New Model Police Station Mansur Alfanla Raymond Olaitan Benin Republic CCEPE Jimoh Olusola Imam Isiaka Gold Egbewole Ibrahim Abdullahi AbdulRahman Saad Abdulkadir Akanbi-Oke Obasanjo Dan Iya M.Y. Abdulrahaman Ayedun Ahmed Shuaib Buranga Yinka Aluko Kwara 2019 Aminat Ahmed Babaita Olosi Of Osi Reuben Paraje

