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.

Tunde Mukaila Mustapha     Adamu Jemilat-Baki     Iyabo Adisa Ibiyeye     Rueben Parejo     Samari     LEAH Charity Foundation     Afolabi-Oshatimehin Adenike Harriet     Niguel Gallando Marcias     Mohammed Abdulahi     Ahmed Dankaya     Gurei     Emir Of Shonga     Local Government Pension Board     Jide Oyinloye     Garment Factory     Dumagi     Ijakadi     Idiagbon     Kale Bayero     Oniwasi Agbaye     Ganmo Power Sub-Station     Ayobami Akanbi     Rice Farmers Association Of Nigeria     Forgo Battery Company Limited     Suleiman Mora Omar     Ajikobi     Kale Belgore     Lateef Alagbonsi     Abdulmajeed Abdullahi     Saliu Shola Taofeek     Yusuf Lanre Badmus     Dan-Kazeem     Akanji     Ajike People Support Centre     UTME     Aliyu Umar     Ayodele Shittu     Zara Umar     Agor     Abdulrahman Abdulrasaq     Salau Kabiru Abdullahi     Amuda Bembe     Aishat Sulu-Gambari     Saliu Oluwole     Road Transport Employers Association Of Nigeria     Ile Arugbo     Babatunde Ishola Babaita     Bareke     Adijat Adebiyi     Mufutau Olatinwo     S.O. Opowoye     Alabere     Sola Saraki Educational Foundation     Ekiti     Vasolar Consultoria     Medinat Folorunsho Salman     JAMB     Onilu     Okiki     Junior Secondary School Certificate Examinations     Neuropsychiatric Hospital     Iyaloja-General     Royal FM     Olabode Towoju     Sardauna     Omar Gambari     Jumoke Monsura Gafar     ASUU     Aliyu Muhammad Saifudeen     BIR     Haruna Tambiri Mohammed     Nigerian Medical Association     Diagnostic Centre     Obuh     April 11     Sabo-Oke     Ishak Mohammed Sabi    

Cloud Tag: What's trending

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

Kwara NIPR     Kolawole Akande     Hausa     Assayomo     Share-Tsaragi     FOMWAN     Asiwaju Bola Tinubu     Abdulraheem Yusuf     Local Government     Hakeem Lawal     Iyabo Dupe Adekeye     Convocation Ceremonies     Rafiu Olasile     Yusuf AbdulRasheed     Yusuf Amuda Gobir     2023 Elections     Kunle Suleiman     Turaki Of Ilorin     Is\'haq Modibbo Kawu     Shaaba Lafiagi     CACOVID Palliatives     Sam Onile     Aliyu Muhammad Saifudeen     Abdullahi AbdulMajeed     Lucky Omoluwa     Michael Nzwekwe     AbdulHamid Adi     Abdulrazaq Solihudeen     Isaac Gbenle     Abdulfatai Ahmed     Dan Masanin     Chartered Institute Of Personnel Management Of Nigeria     Madawaki     Afusat Nike Ibrahim     Kwarareports     Quareeb     Sarafadeen Kayode Akorede     SGBN     Otoge     Akeem Lawal     Yusuf Lawal     Vasolar     Adamu Attah     Muhammed Akanbi     Sabi     National Union Of Road Transport Workers     Aisha Buhari     Adeola Abraham     Samuel Elizabeth Keatswa     3MTT     Maryam Ado Bayero     Kwara North     Bola Ahmed Tinubu     Abubakar Suleiman     David Oyerinola Adedunmoye     Okasanmi Ajayi     Issa Memunat Moyosore     Ilorin Metro Park     Ayekale     Jumoke F. Ajao     Lukman Oyebanji Fagbemi     ASKOMP     Ike Ekweremadu     SSA Youth Engagement     Kale Bayero     Basic Education Certificate Examination     Aliyu Salihu     Umar Danladi Shero     Funke Adedoyin     Aliyu Umar     Oluranti Idowu     Adeleke Ogungbe     Halimat Yusuf     Funmilayo Zubair     Tunde Mukaila Mustapha     General Hospital, Offa     Mutawali Of Ilorin