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.

Ahmed Bolaji Nagode     Adamu Attah     Alumni Association Of The Federal Polytechnic Offa     Lanre Issa Onilu     PPS     AbdulQowiy Olododo     Ilorin Central Mosque     Oke-Kura     Surajudeen Akanbi     Issa Baba     Rihanat Ajia     Zara Umar     Abdulwasiu Bolaji Adeyi     Abdulfatah Ahmed     Patigi Regatta     Amuda Aluko     Tunji Olawuyi     Abiodun Musa Aibinu     Sidikat Alaya     Basic Education Certificate Examination     Muhammed Mahe Abdulkadir     Taofik Abdulkareem Babaita     JSSCE     Umar Adelodun     Unicontinental Construction Company     Isau     Ibrahim Bio     GRA     Ajidagba     Raliat Elelu-Habeeb     Babaita     Akom Construction And Engineering Synergy Ltd     Tafida     M.Y. Abdulrahaman     KWATMA     Bankole Omishore     Ophthalmological Society Of Nigeria     Idris Garuba     Abdulwahab Oba     Bayer AG     Obayomi Azeez     Agboola Babatunde     Adekunle David Dunmade     Moses Adekanye     Aishatu Ahmed Gobir     Javed Khan     Baba Issa Awoye     Saka Balikis Kehinde     PAACO-PCL Consortium     Abiodun Abdulkareem     Zulu Gambari     Adamu Atta     Mohammed Lawal     Emir Of Lafiagi     Oke-Oyi     AIT Ilorin     Abdulmalik Bashir Mopelola Risikatullahi     Sambo Murtala     Idris Garba     Shehu Alimi Foundation     Junior Secondary School Certificate Examinations     Shettima Of Ilorin     Umaru Saro     QuickWin     Ita-Ore     Prince Bola Ajibola     Sunset Workers     Saliu Ajibola Ajia     Bolaji Aladie     Voices Of Tomorrow     Apata Ajele Secondary School     Borgu     Gbadeyan Gbadura Yomi     Ayodele Shittu     Saka Saadu     Ezekiel Yissa Benjamin     Ilorin South Constituency    

Cloud Tag: What's trending

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

Hussein Oloyede     Alore     Lotus Bank     Toyin Saraki     PharmAccess Foundation     Ayo Opadokun     Mahmud Ajeigbe     Abdulrauf Yusuf     Yakubu Dogara     Kwara Consultative Forum     Sidikat Alaya     Christopher Ayeni     Olabanji Orilonishe     Muritala Olarewaju     Oke-Ode     Tsaragi-Share     Abdulhakeem Amao     Olatunji Moronfoye     Muslim Media Watch Group Of Nigeria     Jide Ashonibare     Kale Kawu     Suleiman Mora Omar     Fawenu     Abdulwasiu Bolaji Adeyi     Junior Secondary School Certificate Examinations     Tosin Saraki     Saadu Gbogbo Iwe     Tunde Oyawoye     Yahaya Oloriegbe     Yetunde Balogun     Fatimoh Lawal     Al-Hikmah Radio     Michael Imoudu National Institute For Labour Studies     Kayode Laro     Saka Abimbola Isau     Dunmade     Aliyu Kora-Sabi     Nnazua     Onilorin Of Ilorin     Saka Saadu     Offa     Musibau Akanji     Oke-Odo     Durbar Festival     Onilu     AbdulRaheem Ahmad Shayi     Mumini Ishola Hanafi     Saka Keji     Raimi Iyanda     Ileloke     Kayode Ishola     Titus Ashaolu     New Nigeria People’s Party     Asiwaju Bola Tinubu     Ibraheem Adeola Katibi     Abdulraheem Olesin     Forgo Battery     Laolu Saraki     Harmony Holdings     Hausa     Atunwa     Leke Ogungbe     Bature Bello     BECE     Issa Memunat Moyosore     Charles Ibitoye     Plat Technologies     Popo-Igbonna     Umar Danladi Shero     Peculiar Allowance     Olubukola Kifayat Adedeji     George Funsho Adebayo     ANCOPPS     Ajasse-Ipo     Saka Balikis Kehinde     Ladi Hassan     Oladimeji Thompson