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.

Salaudeen Oyewale     Lanre Jimoh     Niyi Ogundiran     Oloruntoyosi Thomas     Abiodun Jacob Ajiboye     Hassan A. Saliu     Moji Makanjuola     Ilorin Likeminds Foundation     Sabi     Kwara Pdp     Sheikh Alimi     School Of Nursing     College Of Arabic And Islamic Legal Studies     Abdulrahman Abdulrasaq     Kwara State Pension Board     College Of Health     Baba-Isale     Aliyu Olatunji Ajanaku     Principal Private Secretary     ER-KANG Mining     Pacify Labs     Alumni Association Of The Federal Polytechnic Offa     Kunle Okeowo     Esuwoye     KSIRS     Kassim Babamale     Shettima Of Ilorin     Bola Iyabo Ibiyeye Adisa     Patigi Regatta     Owo Isowo     Alaro     BIR     Shaaba Lafiagi     Saliu Shola Taofeek     Arinola Fatimoh Lawal     Dauda Adesola     Mohammed Kamaludeen     Harrison Osauwagboe     Aliyu Alhassan     Cassava Growers\' Association     Ibraheem Abdullateef     Emmanuel Olatunji Adesoye     Mohammed Abdulahi     Salihu Jibril Garbi     Muhammadu Buhari     SAPZ Project     Alabe     Oko Erin     Okanlawon Taiwo     Hauwa Nuru     Abdullahi Atanda     Balogun Ajikobi     Lanwa     Mubarak Oladosu     NURTW     Olohungbebe     Awoye     Chikanda     Saka Saadu     AbdulRauf Keji     Split Diamond Interchange     Post Utme     Dankaka     Ilorin Curfew     Zulkifli Ibraheem     Tanke Flyover Bridge     CT Ayeni     Ilorin Anchor Men And Women     Towoju     Hamza Usman     Sheriff Shagaya     Mukhtar Shagaya     Taiwo Joseph     Shuaibu Yaman     Illyasu Abdullahi     Valsolar Consultoria     Oladipo Akanmu Tolani    

Cloud Tag: What's trending

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

Kupchi Hosea Maxwell     UITH     EndSARS     Baakini     Hijab     Bolakale Saka     RTEAN     Ahmad Belgore     Afeyin-Olukuta     Gbenga Awoyale     Government High School Adeta     Muritala Olarewaju     Bola Magaji     Yusuf Zulu-Gambari     Babatunde Ajeigbe     Elese Of Igbaja     Umaru Saro     Baba Isale     Abdulsalam Firdaous Amosa     Sheikh Ariyibi     GANZY     Convocation Ceremonies     A.O. Belgore     QuickWin     Ejidongari     Saka Balikis Kehinde     Awili Pedro     Olaitan Buraimoh     Ubandoma     Ahmad Olanrewaju Belgore     Ishaq Oloyede     Shonga Farm Project     Rotimi Samuel Olujide     Abubakar Kawu Baraje     Okin Biscuit     Issa Baba     Oba Mogaji Abdulkadir     Amos Bajeh     Soffiyyallah Kamaldeen     Simeon Sule Ajibola     Ajikobi     Yashikira     Hassan Saliu     Ajeigbe     Kayode Yusuf     Yemi Sanni     AbdulKareem Yusuf Danhawa     Isau     Age AbdulKareem     Adisa Logun     Offa Metropolitan Club     Iyiola Oyedepo     Women For Change And Development Initiative     Lucky Omoluwa     Elewu     Abikan     ER-KANG Mining Nigeria Company Limited     Kola Olota     Joshua Adeyemi Adimula     Oniyangi Kunle Sulaiman     TESCOM     AbdulRahman Saad     Abdulfatah Ahmed     Sabi     Frootify     Kayode Ogunlowo     Jani Ibrahim     Khairat Gwadabe     Abdulmumin Yinka Ajia     Kwara State Branch Of The National Library     Mahmud Ayinla Giwa     Kale Ayo     Ilorin Descendants Progressive Union     Pius Abioje     Oko-Olowo     Face Masks     First Lady