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.

Afolabi-Oshatimehin     Offorjama     Shao     Roseline Oni Aremu     Abdulraheem Olesin     Ibrahim Gambari     Toyosi Thomas     Farouk Salim     Garba Ayodele Wahab     Abubakar Abdullahi Bata     Saad Belgore     International Public Sector Accounting Standards     Oko     AbdulRazaq Jiddah     Face Masks     Facemasks     Tanke Road     Segun Olawoyin     Sulu Babaita Isiaka     Agor Market     Barakat Community Secondary School     Katibi Ibraheem Adeola     Revenue Court     Aisha Gobir     Abdulrauf Yusuf     Dele Momodu     Mohammed Abdulahi     Abdulsalam A. Yusuf     Adamu Jemilat-Baki     Damilola Yusuf Adelodun     Lafiagi     Hamid Bobboyi     ENetSuD     Sheriff Shagaya     Jimoh Lambe Abdulkareem     Yusuf Ali     Khairat Gwadabe     Asa     Halidu Danbaba     General Hospital, Ilorin     Samuel Adaramola     Abdulrahman Onikijipa     Bibire Ajape     Balogun Ajikobi     Adedipe     Towoju     Eleja Taiwo Banu     Muhammed Danjuma     Abdulmumini AbdulRazaq     Owu Fall     Valsolar Consortium     Aro Yahaya     Yahaya Dumoye     T And K FOODS     Bursary     Bukola Saraki     Is\'haq Modibbo Kawu     Pius Abioje     Tinubu Legacy Forum     Tunji Ajanaku     Chemiroy Nigeria Limited     Oba Abdulraheem     Jeunkunu-Malete-Bani     Ahmed Ayinla Jimoh     Cassava Growers\' Association     Trade Lenda SME Fair     Laduba     Yakubu Gobir     Binta Abubakar Mora     Bisi Kristien     Valsolar-Kwara Company Limited     Abdulkadir Akanbi-Oke     Prince Mahe Abdulkadir     Yusuf Zulu-Gambari     Madawaki     Kwara North     Ramat Oganija    

Cloud Tag: What's trending

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

Quran     Ayodele Kuburat Olaosebikan     Ibrahim Abdulqadir Abikan     Women Radio     Dele Belgore     Code Of Conduct Bureau     Soffiyyallah Kamaldeen     Abdulfatah Ahmed     LABTOP     Ahmad Fatima Bisola     Omu-aran     Abraham Ojo     AbdulHamid Adi     IsDB     Ilesha-Baruba     Kaosarah Adeyi     Bello Taoheed Abubakar     Tuesday Assayomo     Adolescent Girls Initiative For Learning And Empowerment     Mohammed Jimoh Faworaja     SUBEB     AbdulGafar Tosho     Yusuf AbdulRasheed     Gamji Members Association     Segun Olawoyin     Ekiti     Toyin Sanusi     Joana Nnazua Kolo     Alabi Lawal     Olusegun Adeniyi     IYA ALFA NLA     Forgo Battery Company Limited     Junior Secondary School Certificate Examinations     Taiwo Joseph     Lai Gobir     Shonga     Abdulrazaq Adebayo     Jumoke Monsura Gafar     Mahmud Ajeigbe     Tsaragi     Oba Mogaji Abdulkadir     Sa\'ad Alanamu     CUTI     Frootify     Bashiru Makama     Eruku     Abraysports FC     C2c@kwarastate.gov.ng     Muhammad Ghali Alaaya     Hassan Saliu     Shola Odetundun     Idowu Laro     Taofeek Ibraheem     Bankole Omishore     Ahmed Shuaib Buranga     Wahab Femi Agbaje     Bayo Ajia     Federal College Of Education (Special), Afon     Niyi Osundare     Abubakar Kawu Baraje     Amule     GGDSS Pakata     Aishat Sulu-Gambari     Ojuekun Sarumi     Bureau Of Lands     Abdulkadir Jimoh     Halidu Danbaba     Abdullateef Abdussalam     Radio SBS     Okin Malt     Jimoh Lambe Abdulkareem     SAPZ Project     Otoge     Kaiama     Osinbajo     Kumbi Titilope     Gbugbu International Market