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.

Ishola Moses Abiodun     NTA Ilorin     Adamu Ibrahim Sabi     Ballah     Abdulrazaq Magaji     Taofik Mustapha     Afetu Of Alabe     Amuda Aluko     Jumoke Gafar     Kayode Yusuf     Mohammed Katsina Ahmed     Rasaq Jimoh     Gbemi Saraki     Ridhwanullah Al-Ilory     Oba Abdulkadir La\'aro     Salman Alada     Abdul-Rahoof Bello     SSA Youth Engagement     Nurudeen Mohammed     MINILS     FOMWAN     Gurei     Busari Alabi Alausa     Muslim Cementary     Eleja     Moro     Aliyu Olatunji Ajanaku     National Pilot     Owo Arugbo     Abubakar Baba Sulaiman     Afeyin-Olukuta     Ramadan     Baba Issa     Ejidongari     Igbaja     Rueben Parejo     Isiaka Yusuf     Donatus Ejidike     Revenue Court     Ayobami Seriki     Oluranti Idowu     Esinniobiwa Quareeb     Abdulrasaq Alaro     Balogun Gambari     Abdulrazaq Aiyelabegan     Oba-Solagberu     Offa Descendants Union     Moshood Bakare     Okasanmi Ajayi     Babatunde Ajeigbe     Mohammed Ibrahim     Yahaya A Paniyaro     Olam Food Ingredients     Standard Organization Of Nigeria     Ita-Ore     Musa Abdullahi     Hausa     Elerinjare     Bola Ahmed Tinubu     Abubakar Aliagan     Pakata Patriots     Sheikh Ridhwanullah     Mohammed Lawal Bagega     Towoju     Mazars Consulting     Ogbondoroko     Ilorin Innovation Hub     Veterinary Teaching Hospital     KFA     Iyabo Adewuyi     CKNG     Shuaibu Yaman     Nigeria Governors\' Forum     Oko-Olowo     Kamaldeen Kehinde     Anilelerin     Baba Idris    

Cloud Tag: What's trending

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

Rasaq Jimoh     Kale Bayero     Dele Momodu     Kwara State Fish Farmers Association     Maigida     Bola Sagaya     Magaji Erubu     Mahee Abdulkadir     3MTT     Saka Onimago     Earlyon Technologies     Amos Sayo     Tunji Folami     Rihanat Ajia     Henry Makinwa     Ubandoma Of Ilorin     Orire     Kwara Poly     Kwara 2015     Apaokagi     Oke Sunna     Onilorin Of Ilorin     Aminat Omodara     Babajide Ajayi     Afolayan     Kwara-SAPZ Project     Ahmad Olayiwola Kamaldeen     Kale Kawu     Turaki Of Ilorin     Sabi     Lawan     Baboko Primary School     Marufat Oladosu     Abraham Ojo     Folorunsho Erubu     Khairat Gwadabe     Nigerian Supreme Council For Islamic Affairs     Abdulsalam Firdaous Amosa     Bisi Oyeleke     Ibrahim Agboola Gambari     Akanji     Kayode Oyin Zubair     Sidikat Akaje     Olaitan Buraimoh     Paul Olawoore     S.O. Opowoye     Apado     Ogidi-Oloje     Sidikat Alaya     Abubakar Imam     SGBN     Tricycle Owners Association Of Nigeria     Ganiyu Taofiq     Salau Kabiru Abdullahi     Afonja     Shehu Raheem Adaramaja     Rebecca Bake     Abdulquowiyu Olododo     Lawyers Unite Against Corruption     Emir Of Kano     Manzuma     Oyun     Curfew     Belgore     Seni Saraki     Ayodele Shittu     Issa Manzuma     UNILORIN Alumni Association     SWAN     Buari Edun     Amoyo     Binta Sulyman     Kola Olota     Galadiman Ngeri     Saadu Alanamu     Oniyangi     Bayo Lawal