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.

2017 Budget     Dapo Teni Nig Enterprise     Saadatu Modibbo-Kawu     Nigeria Customs Service     Adegoke Bamidele     Suleiman Mora Omar     Abdulmumini Jawondo     Saidu Isa     Olayinka Oladapo Jogunola     Chief Imam Of Lafiagi     Afeyin-Olukuta     Galland Marcias     Raymond Olaitan     AIT Ilorin     Yahaya Dumoye     Hassan Oyeleke     Babatunde Ajeigbe     Abdulmumini Sanni Jawondo     Afin Descendants Union Of Odo-Owa     Toyin Olayinka Tejidini     Isiaka Rafiu Mope     TESCOM     Convocation Ceremonies     Saba Jibril     Jimoh Saadudeen Muhammed     Offa Descendants Union     Theophilus Oyebiyi     Abdul-Rasheed Na\'Allah     Igbaja     Kaosarah Adeyi     Kazeem Oladepo     Tunji Olawuyi     Royal FM     Ibrahim Agboola Gambari     Mogaji Aare     UNILORIN Alumni Association     Saadu Alanamu     Lateef Alagbonsi     NaAllah     ER-KANG Mining     MAI Akande     Michael Nzekwe     Mohammed Ghali Alaaya     Adamu Attah     Ilorin Central Mosque     Olabode George Towoju     Lawal Arinola Kudirat     Abubakar Olusola Saraki     Umaru Saro     Apata Ajele Secondary School     CT Ayeni     Ajikobi     Al-Adaby     Sulyman Age AbdulKareem     Lawal Olohungbebe     Forgo Battery Company Limited     Ilorin Airport     David Oyerinola Adedunmoye     Ella Supreme Tissue Paper     Quareeb Islamic Association     Muritala Awodun     Sa\'ad Alanamu     John Dara     Abdulwasiu Bolaji Adeyi     EFCC     Gbugbu International Market     Economic And Financial Crimes Commission     Anilelerin     Bamidele Adegoke     Hikmah AbdulKareem     Ganiyu Taofiq     Balikis Jawondo     Oniyangi Kunle Sulaiman     Bond     Zara Umar     Y.A. Abdulkareem     Abdullahi G. Mohammad    

Cloud Tag: What's trending

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

Fatimoh Lawal     Jamila Bio Ibrahim     Ubandawaki     Bolaji Abdullahi     Isiaq Khadeejah     Abdulazeez Arowona     Kwara State Printing And Publishing Corporation     Kehinde Boyede     Bayer AG     Yusuf Zulu-Gambari     Binta Abubakar Mora     Mohammed Yisa     Oloye     Timothy Olatunde Fadipe     Kwara State Geographic Information Service     TESCOM 2025     International Aviation College     Afonja Descendants Union     Ibrahim Mashood     Radio SBS     Kwara Basketball Association     Ilorin Amusement Park     Dan Iya     Albert Ogunsola     Erubu Oba Zubair     Alore     Law School Scholarship     Shaykh Luqman Jimoh     Yoonus Lawal     Olomu     Akume     Kayode Oyin Zubair     Laboratory-to-Product     Muhammadu Buhari     Abdullahi Imam Abdullahi     Kubra Kazum     Hajj     CCT     Oniyangi Kunle Sulaiman     Aremu Odolaye     Chief Imam Of Omu-Aran     Idiagbon     Dapo Teni Nig Enterprise     Yahaya Seriki Gambari     Tafida     Lukman Adeloyin     MMWG     Countryside Emerging Leaders Fellowship     Aso Ofi     Nigeria Computer Society     Shehu Jimoh     Toun Okewale-Sonaiya     Umar Ayinla Saro     Babatunde Ishola Babaita     Wasiu Odewale     Igbomina     Bureau Of Lands     Ayotunde Emmanuel Alao     Jaigbade Alao     Kale Kawu     Aliyu Kora-Sabi     Olabode George Towoju     Simon Sayomi     Sai Kayi     March 28     Kwara 2019     Saheed Popoola     Women For Change And Development Initiative     Ajibola Ademola Julius     Lawal Jimoh     Kwara Poly     Imodoye Writer’s Enclave     Nupe     Kwara Coalition Of Business And Professional Associations     Issa Manzuma     Fatai Olodo     Agor Market