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.

Ramat Oganija     Yomi Adeboye     Akanji     Offorjama     Naira Redesign     Olatunji Ayeni     Tunde Oyawoye     TESCOM 2025     Folorunsho Erubu     Medview Airlines     Ijakadi     General Tunde Idiagbon International Airport Ilorin     Yakubu Danladi     Monkey Pox     Emir Of Ilorin     Jeunkunu-Malete-Bani     Bolakale Kawu     Borgu     Sarah Jubril     Muazam Nayaya     Iyiola Oyedepo     Adewuyi Funmilayo     Gbenga Awoyale     Modibbo Kawu     Logun     Bello Bature     Olabode George Towoju     Niguel Gallando Marcias     Tafidan Kaiama     Issa Oloruntogun     Afeyin-Olukuta     Lasiele Alabi Yahaya     Manzuma     Unilorin FM     Wahab Femi Agbaje     Tanke Road     CT Ayeni     Ahmad Belgore     Diagnostic Centre     Okin Malt     Shehu Raheem Adaramaja     Muideen Olaniyi Alalade     Mopelola Abdulmaliq-Bashir     Adamu Ibrahim Sabi     Ganiyu Taofiq     AbdulRaheem Ahmad Shayi     Shuaib Jawondo     Kwara Muslim Pilgrims Welfare Board     Ogbondoroko     Isiaka Saka Opobiyi     Kwara Apc     Idowu Aremu     Aliyu Kora-Sabi     College Of Education     Abdulsalam A. Yusuf     Valsolar-Kwara Company Limited     Zulu Gambari     GRA     Maigidasanma     Opaleke Bukola Iyabo     Mary Kemi Adeosun     Okoolowo     Yakub Lai Gobir     Jide Ashonibare     Sulaiman Gado     Usman Alkali Baba     Ahmed Ayinla Jimoh     Gurei     Taofik Abiodun Ahmed     Oniyangi     Yusuf Abdulkadir     Gbemisola Saraki     Vasolar-Kwara Company Ltd     Tunde Mukaila Mustapha     James Kolo     Saadu Alanamu     Salman Alada    

Cloud Tag: What's trending

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

Ilorin Talaka Parapo (ITP)     IYA ALFA NLA     Adijat Adebiyi     Rotimi Samuel Olujide     Salihu Alhaji Musa     Bayo Onimago     Tunji Oyawoye     Mufti Of Ilorin     Muhammed Danjuma     Yoonus Lawal     Quran     A.O. Belgore     Ibrahim Bio     Bio Ibrahim     Yusuf Amuda Aluko     NURTW     Shehu Jimoh     Muideen Olaniyi Alalade     Iyabo Dupe Adekeye     Raji AbdulRasaq     Abdulfatai Ahmed     General Hospital     Abdulwahab Olarewaju Issa     Monthly Sanitation     Isiaka Gold     Toyosi Thomas     Abdulrazaq Adebayo     International Aviation College     Kwara North     Esinniobiwa Quareeb     Mohammed Ajia Ibrahim     Adama Isa     Joseph Offorjama     Hydroelectric Power Producing Areas Development Commission     Patigi Regatta     Oro Grammar School     Local Government Pension Board     Surajudeen Akanbi     Olabode Towoju     Ayotunde Emmanuel Alao     NULGE     Wahab Olasupo Egbewole     Yahaya Jibril Usman     Afusat Nike Ibrahim     SUBEB     Bamikole Omishore     Ahmed Bayero     Abubakar Usman Jos     Kwara TV     Ethical College     Femi Gbajabiamila     Ajibike Katibi     Kwara Central     Abdulfatai Baakini     UNILORIN Alumni Association     Lanre Olosunde     Elewu     Adedeji Onimago     Shero     Kumbi Titiloye     Makama Of Ilorin     Joseph Yemi Ajayi     Yakubu Shaaba     Amos Justus Sayo     Obuh     Rebecca Olanrewaju     Dogara     Oyeyemi Olasumbo Florence     Patience Jonathan     Illyasu Abdullahi     Amuda Bembe     Kwara State Government     March 28     Idris Garuba     Mohammed Yahaya Barki     Kwara Teaching Service Commission     Dele Belgore