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.

Offa Poly     Omotoso     Moses Afolayan     Trader Moni     NNPP     Prince Mahe Abdulkadir     Obasanjo     EndSARS     Pilgrims Board     Taofik Abdulkareem     Alabere     Alfa Yahaya Road     Abiodun Oyedepo     Isapa     Bahago     Taofeek Ibraheem     Cassava Growers\' Association     Bayer AG     Baruba     Ishola Balogun Fulani     Jare Olatundun     Sadiq Buhari     Yusuf Amuda Abubakar     Abatemi-Usman     Olumide Daniel Ibitoye     Earlyon Technologies     Aishat Mohammed Lawal     Bola Sagaya     Nigerian Medical Association     SWAN     John Olajide Adedipe     Maryam Ado Bayero     Alapado     Innocent Okoye     Ayo Adeyemi     Usman Yunusa     Saad Omo Iya     Abdulrazaq Magaji     Abdulrahman Abdulrazaq     Medview Airlines     Sa\'adu Salahu     Olota Of Odo-Owa     Olajumoke Monsura Gafar     Afusat Nike Ibrahim     Hijaab     Ilorin Muslim Community     Atunwa     Ado Bayero     Okin Group     Kwara Apc     Javed Khan     Oyun     Bolakale Ayo     Abikan     Geri-Alimi Split Diamond Interchange     Adebayo Mohammed Kamaldeen     Ibraheem Abdullateef     Ahmed     Shuaib Jawondo     Saheed Alakoso     Musa Alhassan Buge     Basic Education Certificate Examination     Ado Ibrahim     Hydroelectric Power Producing Areas Development Commission     Ilorin Like-Minds     Tope Daramola     Ahmad Uthman     Lawal Olohungbebe     Wahab Agbaje     Mutawali Of Ilorin     AbdulRazaq Jiddah     Umar Adelodun     Katibi Ibraheem Adeola     Aro Yahaya     Kale Ayo     Wahab Egbewole     Segun Adeniyi    

Cloud Tag: What's trending

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

Abdulsalam Firdaous Amosa     Sheriff Shagaya     Oro Grammar School     Shonga     IF-K     Jumoke F. Ajao     Abdulkadri Ahmad Alaiye     Bamikole Omishore     Danhawa     Oro Grammar School Old Students Association     Neuropsychiatric Hospital     Kola Bukoye     Hameed Oladipupo Ali     Rebecca Bake     Elelu     Abdulwahab Olarewaju Issa     Chartered Institute Of Personnel Management Of Nigeria     Kwara TV     Dapo Teni Nig Enterprise     Dairo Kunle Paul     Kumbi Titiloye     Umar Sanda Yusuf     Ayeyemi Sulaiman     Onilorin Of Ilorin     KWASIEC     Ilorin Airport     Kannike     Shururat Olatinwo     Gaa Olobi     Academic Staff Union Of Universities     Harafat E. Mukadam     3MTT     Hamidu Olowo     Fatimat Saliu     Umar Adelodun     Yusuf Abubakar     Muhammad-Mustapha Suleiman     Just Law Forum     Olajumoke Monsura Gafar     Unilorin FM     Pilgrims Board     Leke Ogungbe     A.E. Afolabi     REO CAKES     Aisha Buhari     Jimoh Saadudeen Muhammed     Bello Taoheed Abubakar     Gwanara     Ilorin South     Ibrahim Abduquadri Abikan     Dan Iya Of Ilorin     Wahab Abayawo     MAI Akande     Saad Omo\'ya     A.G.F Abdulrasaq     Oba Abdulraheem     08001000100     Ilorin International Airport     Ilorin General Hospital     Issa Manzuma     Alapansapa     AbdulGaniyu Kareem     Salman Jawondo     Metro Park     Ahmad Ali     Igbaja     Kanu Agabi     Ajeigbe     Kwara-SAPZ Project     David Adesina     Facemasks     Ibrahim Abdulkadir Abikan     Bello Oyedepo     Dar-Al-Handasah Consultants     Oniwasi Agbaye     Okanlawon Taiwo     Saliu Shola Taofeek