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.

Aiyedun     Rafiu Ajakaye     Iyiola Oyedepo     Albert Ogunsola     Valsolar Consultoria     Sulu Babaita Isiaka     Ijagbo Health Centre     Jamila Bio Ibrahim     Shao     Siddiq Adebayo Idowu Salawu     Dan Iya Of Ilorin     Pakata Patriots     Ghali Muhammed     Rice Farmers Association Of Nigeria     Osi     John Olajide Adedipe     Share-Tsaragi     Binta Sulyman     Vasolar Consortium     Bello Taoheed Abubakar     Olosi Of Osi     Babata     Ahmed Idris Mohammed     Dan Masanin     Wole Oke     Sabitiyu Grillo     Ahmed     Olawuyi     Michael Nzekwe     Ilorin Curfew     Ganmo Electricity Sub-Station     Abubakar Baba     Baba Isale     Shuaib Olarongbe     LEAH Charity Foundation     SSA Youth Engagement     Monkey Pox     Okin Group     Mufutau Gbadamosi Esuwoye     Garba Idris Ajia     Wakilin Mata Lafiagi     Okasanmi Ajayi     Nupe     Sulyman Buhari     Olaiya Victor Mobolaji     ITP     Baba Issa Awoye     Olaitan Buraimoh     Harafat E. Mukadam     Muhammadu Gobir     AbdulKareem Yusuf Danhawa     Bamikole Omishore     Usman Yunusa     GRA     Sardauna     Abdulkadir Bolakale Sakariyah     Makama Of Kaiama     Oko-Erin     Balikis Jawondo     Ibrahim Abdulqadir Abikan     Young Progressives Party     Okanlawon Taiwo     Funmilayo Zubair     Afolayan     Ubandoma     Al-Ilory     Alapado     Ndama Al-hassan     Oye Tinuoye     Galadima     Police Commissioner     Ramadhan     Olohungbebe     Rebecca Bake     Ishola Moses Abiodun     Abdul-Rasheed Na\'Allah     Sarafadeen Kayode Akorede    

Cloud Tag: What's trending

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

CBT     Hakeem Lawal     Ebun-Olu Adegboruwa     Sarakite     Bareke     Eruku     Muhammad Yahya     Ibrahim Taiwo Road     Kwara Liberation Group     Wahab Egbewole     Quarry Royal Valley     Jumoke Monsura Gafar     Lanre Issa Onilu     Rapheal Ashaolu     Issa Baba     Arinola Fatimoh Lawal     Nurudeen Mohammed     Erin-ile     Sheikh Hamzat Yusuf Ariyibi     Justina Oha     Nupe     Abdulganiyu AbdulAzeez     Lucky Omoluwa     Suleman Abubakar     Balogun Gambari     Bolaji Gambari     Ohoro Of Shao     Peter Amogbonjaye     Press Release     Modibo Kawu     IHS Towers     Monsurat Omotosho     JAAC     SWAN     TETFUND     Alfa Yahaya Road     Kale Ayo     Aisha Gobir     Adedayo Yusuf Abdulkareem     National Democratic Congress     AGILE Programme     Sa\'adu Gambari     Asa LGEA School     Hikmah AbdulKareem     Imam Gambari     Ajikobi     Bayo Ajia     Olanrewju Okanlawon Musa     Abdulrahman Onikijipa     Ebola     Balogun-Ojomu     Yeketi     Obayomi Azeez     Ilorin Metro Park     Universal Basic Education Commission     Cornelius Adebayo     David Adesina     Kayode Zubair     SWAN     Olatunji Abdulmumeen     Federal Polytechnic Offa     Kaiama     Oba David Oyerinola Adedunmoye     Bola Shagaya     Olupako Of Share     High Court     Olayinka Oladapo Jogunola     Moses Adekanye     Abdulahi Abubakar Bata     Haleeman Salman     Olatunde Oyeyiola     GAMA     Offa     Samuel Adedoyin     Ilorin East     Laboratory-to-Product     Bilikis Oladimeji