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.
JAAC Okoolowo Muhammed Mahe Abdulkadir Hamidat Sulyman-Yusuf Ilorin Talaka Parapo Radio Kwara Oniye Ita-Nmo Market Oju Ekun Sarumi Road Transport Employers Association Of Nigeria Radio SBS Amada Jidda Saka Onimago GANZY Veterinary Teaching Hospital Haashim Initiative For Community Advancement Shaaba Lafiagi Lawan National Information Technology Development Agency Mumini Ishola Hanafi Micheal Imodu-Ganmo Road Mutawali Mamatu Abdullahi MalHub Ilorin Central Mosque Oluranti Idowu Arandun Dauda Adeniran Adeshola Aisha Ahman-Pategi Yahaya Jibril Usman Amuda Bembe Dan Masanin Saudat Abdulbaqi Lawal Olohungbebe NTA Ilorin Olota Of Odo-Owa Mohammed Danjuma Baruten Dasuki Belgore Aisha Abodunrin Ibrahim Centre For Digital Economy JUSUN Moronfoye Neo Mundo Ltd Goodluck Jonathan Share Ogidi-Oloje Col. Ibrahim Taiwo Shuaib Abdulkadir Ramadhan Abdullahi Saadudeen Alikinla Suleiman Yahya Alapansapa Balikis Jawondo Isiaka Oniwa Mansur Alfanla Kwara Restoration Project Sidikat Akaje Bolakale Kawu Agaka Makama Col. Adedipe Taofeek Ibraheem Elerinjare-Ibobo Abdulkarim Adisa Solomon Edojah Teachers Specific Allowance Jimoh Olusola Imam GGDSS Pakata Ubandawaki AbdulGafar Tosho Manzuma Oko-Erin Ubandoma Of Ilorin Valsolar Consortium Pacify Labs Oba Abdulraheem Dar-Al-Handasah Consultants Olomu Of Omu-Aran

