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.

Owu Fall     Bank Of Industry     Aisha Ahman Pategi     Garment Factory     Ilorin Central Mosque     Muhammad Mustapha Suleiman     Y.A. Abdulkareem     Okeose Christian Cementary     Doyin Agbamu     Abdulwasiu Bolaji Adeyi     Ilota     Mutawalle     Senate Presidency     Durosinlohun Kawu     Plat Technologies     Musibau Akanji     Amusa Bello     Baakini     Maigida Soludero Transit     A.G.F Abdulrasaq     Kayode Ishola     Tuesday Assayomo     Isiaka Abdulrazak     Adeniyi Ojo     Muhammad Toyin Sanusi     Michael Imoudu National Institute For Labour Studies     Sambo Murtala     Olaiya Lawal     SWAN     Taofeek Ibraheem     Yusuf Aiyedun     Abdulquawiy Olododo     Monthly Sanitation     Siraj Oyewale     Micheal Imodu-Ganmo Road     Face Masks     University Road     Offa Metropolitan Club     Emir Of Shonga     Col. Taiwo     Wahab Abayawo     Sun Qing Rong     Doyin Awoyale     Otuka     Olayinka Jelili Yusuf     Aso-ofi     Nigeria Computer Society     Amule Elementary School     Susan Modupe Oluwole     Harafat E. Mukadam     Jimba Babatunde     Code Of Conduct Bureau     Abdulrasheed Lafia     Oniwasi Agbaye     Abdulraufu Mustapha     Atunwa     Kabir Shagaya     Academic Staff Union Of Universities     Abdulrazaq Sanni     Ilorin Curfew     Michael Nzekwe     Muritala Olarewaju     Sherif Shagaya     Ibraheem Abdullateef     Association Of Kwara State Online Media Practitioners     Taofik Abdulkareem     Budo-Egba     Femi Oladiji     Kawu Baraje     Yetunde Balogun     Oyun     Dan-Kazeem     Lafiagi     Valsolar Consortium     Orire     Yusuf Abdulraheem     Third Estate    

Cloud Tag: What's trending

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

Nigerian Supreme Council For Islamic Affairs     Kwara Apc     Abraham Ojo     Kehinde Baale     Michael Imoudu National Institute For Labour Studies     Opolo Global Innovation Limited     Trade Lenda SME Fair     CCT     Summit University     AbdulGafar Tosho     Is\'haq Modibbo Kawu     Ilorin Talaka Parapo (ITP)     Kwara Polytechnic     SGBN     Kwarareports.com     Aliyu Muhammad Saifudeen     Abdulmumini Jawondo     Oniwa     AbdulRasaq Abdulmajeed Alaro     Abdulwaheed Musa     08001000100     Public Holiday     Ibrahim Bio     Islamiya Abdulraheem     Yahya Mohammed     Ijagbo Health Centre     Aminu Ado Bayero     Abdulhakeem Adelaja Amao     Ishaq Salman     Awoye     Tosho Yaqub     Idris Garuba     Atiku     Offa Metropolitan Club     Yusuf Amuda Aluko     IsDB     Bukola Ajikobi     Nnazua     Isa Aremu     Overland     Nupe     Umaru Saro     New Nigeria People’s Party     Bamidele Adegoke Oladimeji     Taofik Abdulkareem     Firdaos Amasa     Razaq Atunwa     KWASEIC     Kumbi Titilope     Kolawole Bashirat     Michael Ologundea     Sarah Alade     Shehu Alimi Foundation     Majlis For Sadakah, Zakat And Waqf     Bisi Oyeleke     M.Y. Abdulrahaman     Funmilayo Mohammed     Emir Of Kano     Atunwa     Oloriegbe     Issa Manzuma     Awodun     Hassan A. Saliu     Ijagbo     Bolaji Nagode     Nigerian Correctional Service     Mohammed Ajia Ibrahim     CCEPE     Mazars Consulting     Simon Sayomi     Alimi Abdulrazaq     Sidikat Akaje     Fatai Adeniyi Garba     Mubarak Oladosu     Shehu Alimi Foundation For Peace And Development     AGM Professional Services     Ibrahim Jawondo