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.

Esinniobiwa Quareeb     Kwara TV     Abdulrosheed Okiki     Kayode Oyin Zubair     Maja     Kwara State University Of Education     Isaac Gbenle     Peculiar Allowance     ITEM 7     Tafida Of Kaiama     Sobi FM     Bayo Onimago     Kwara State Fire Service     Habeeb Saidu     Isiaka Abdulrazak     Omoniyi     Saka Saadu     Isapa     Amos Bajeh     Oloriegbe     Otoge     Vasolar Consultoria     Dar-Al-Handasah Consultants     Adeola Abraham     Jumoke Monsura Gafar     Jimoh Akani     Adesina Simon Sodiya     Donatus Ejidike     Labour Party     Yoonus Kola Olatinwo     Ibrahim Abiodun     Muhammed Aliyu     Olohungbebe     Folorunsho Erubu     Sherif Sagaya     Salman Suleiman     Logun     Amada Jidda     Apata Ajele Secondary School     Kolo     Bello Oyedepo     Abdullateef Abdussalam     NYSC     Abdulmumini AbdulRazaq     Bello Abubakar     Biliaminu Aliu     Ibrahim Abduquadri Abikan     Tescom.kwarastate.gov.ng     Aminu Adisa Logun     Awili Pedro     Olatunde Oyeyiola     Ahmad Uthman     Olomu Of Omu-Aran     Olukotun Of Ikotun     Prince Mahe Abdulkadir     Aisha Buhari     Sebastine Obasi     Musbau A. Akanji     Bola Olukoju     Monthly Sanitation Exercise     Ishak Mohammed Sabi     Edret Sabi Abel     Erubu     Christopher Tunji Ayeni     Ariyo     Rice Farmers Association Of Nigeria     Onilu     Abdulrahman Abdulrasak     Ado Bayero     Ilesha-Gwanara     Prince Bola Ajibola     Matthew Okedare     Habeeb Abdullahi Al-Ilory     Baboko Primary School     University Road     Woro     Jimoh Saadudeen Muhammed    

Cloud Tag: What's trending

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

Salake     Ibrahim Taiwo Road     Emmanuel Bello     T And K FOODS     Aminat Ahmed     Jaiz Bank     Sunday Fagbemi     Baboko     Ayo Adeyemi     Kamaldeen Ajibade     Ramadhan     Kwara State Geographic Information Service     Edret Sabi Abel     Pacify Labs     Kassim Babamale     Abdulrasheed Na\'Allah     Tunde Mukaila Mustapha     Mohammed Lawal Bagega     Akanji     Tanke     Patience Jonathan     EndSARS     Olupako Of Share     SGBN     Aasiyat Bello Oyedepo     Mope Dasuki Belgore     Riskat Opakunle     Hajj     Ezekiel Yissa Benjamin     Jamila Bio Ibrahim     Woro     Saka Onimago     Alore     Yahaya Oloriegbe     Abdulrasheed Akogun     Mazars Consulting     Monthly Sanitation     Shonga     Oke Sunna     Sulyman Buhari     National Democratic Congress     Sa\'adu Salau     Ojuekun     Akorede     Junior Secondary School Certificate Examinations     IHS Towers     Rafiu Ibrahim     Yemi Sanni     Olayinka Are     Gbenga Awoyale     Hameed Oladipupo Ali     Mansurat Amuda-Kannike     Demola Banu     NAWOJ     Fola Consultant     Kwara State Coalition Of Business And Professional Associations     AGM Professional Services     Oke-Ero     Otunba Taiwo Joseph     Lotus Bank     Plat Technologies     NIPR     Y.A. Abdulkareem     Umar Danladi Shero     Kola Olota     Taibat Ayinke Ahmed     Binta Sulyman     Oko-Erin     Jimoh Lambe Abdulkareem     Shonga Farm Project     Ogbondoroko     Ahmed Dankaya     Basit Olatunji     Col. Taiwo     Moses Rahman Popoola     Kayode Laro     Modibo Kawu