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.

Jimba Babatunde     Oyelere Oyinloye     Post-utme     Kwara NIPR     Jare Olatundun     Radio SBS     Kwara Volleyball Association     Kwara Hotel     Sarah Alade     Elerinjare     ASKOMP     Women Radio     Magaji Nda     Kwara State Government     Olupako Of Share     Oba Abdulraheem     Ilorin.Info     Shururat Olatinwo     Abubakar B.M     Kwara Apc     AbdulKareem Yusuf Danhawa     Gabriel Fashanu     Raji AbdulRasaq     Aasiyat Bello Oyedepo     Aremu Bose Deborah     Magaji Erubu     Seni Saraki     Olayinka Oladapo Jogunola     Kola Bukoye     Olofa Of Offa     Sabi     Abdulmutalib Shittu     Aiyedun     Aliyu Muhammed     April 11     Oladimeji Thompson     Kwara Metro Park     Government Girls’ Day Secondary School Pakata     Jawondo     Afolayan     ASMAU PLAZA     Playing Host     Iqra Books     Patigi Regatta     Doyin Agbamu     Awoye     Ilorin South     Abubakar Abdulraheem     Eleja     Ilorin Like-Minds     Student Learning Support Helpline     Esinrogunjo     Ahmad Ali     Jumoke Monsura Gafar     Sheikh Ariyibi     Oloriegbe     Dan Masanin     Moji Makanjuola     Nigerian Medical Association     Omotoso     Abdulwahab Oba     Bashir Badawi     Olupako     Bankole Omishore     Olam Food Ingredients     Taiwo Joseph     IYA ALFA NLA     Farouk Salim     Kawu Baraje     Aishatu Ahmed Gobir     Yusuf Abdulkadir     Jimoh Bashir     Marafan Shonga     Abubakar Abdullahi Bata     Ogbondoroko     State Bureau Of Internal Revenue     Elerin Of Erin-Ile    

Cloud Tag: What's trending

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

Sebastine Obasi     Olatinwo     Ibrahim Jawondo     Oyelere Oyinloye     Demola Banu     Muideen Olaniyi Alalade     Amule     Share-Tsaragi     Baboko Primary School     Bursary     Abubakar Bature Sulu-Gambari     Kemi Adeosun     Democracy Day     Kwara University Of Education     Omoniyi M. Ayinla     Face Masks     KWATMA     Ijagbo Health Centre     Umar Adelodun     Chief Of Staff     Yahaya Oloriegbe     Iponrin     Ajase-Ipo     Yusuf Ali     Ilorin Curfew     Baruten     Jimoh Bashir     LEAH Charity Foundation     Seed Technologies     Afolabi-Oshatimehin     Abdulrosheed Okiki     Yusuf Abubakar     Garba Dogo     2023 Elections     Kanu Agabi     Isaac Gbenle     Congress For National Consensus     Abdulganiyu AbdulAzeez     Academic Staff Union Of Universities     Oke-Ogun     Obuh     Moro     George Funsho Adebayo     Government Girls’ Day Secondary School Pakata     Oluronke Adeyemi     Sulaiman Gado     Ibrahim Orire     Kwara South     Sun Qing Rong     Saliu Alamoyo     Kwara Politics     Memunat Monsuma     Ilorin Descendants Progressive Union     Ishaq Abdulkarim     John Kehinde Salako     Olaitan Buraimoh     Aliyu Muyideen     Yashikira     Moshood Bakare     NIRSAL     UNILORIN Alumni Association     Yakubu Dogara     Monsurat Omotosho     Ilorin General Hospital     Wahab Femi Agbaje     Volunteers Of Ilorin Community And The Emirate     Rasheed Jimoh     Isiaka AbdulRazaq     ITEM 7     Mohammed Lawal Bagega     Post-utme     Shade Omoniyi     Ronke Adeyemi     Naira Redesign     Yusuf Arowosaye     Emir Of Shonga     SWAN