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.

Yahaya Jibril Usman     Just Event Online     Alore     Bello John Olanrewaju     Patigi Regatta     CCT     Elerin Of Erin-Ile     Hajj     Oba Of Jebba     Yusuf Lanre Badmus     Salihu Jibril Garbi     Bola Sagaya     Segun Ogunsola     Kayode Zubair     Olabanji Orilonishe     Savannah Centre For Diplomacy, Democracy And Development     Amasa     Samuel Adedoyin     Igbomina     Aishat Sulu-Gambari     Sa\'adu Salau     Ilorin Like-Minds     Kannike     Sarkin Malamai     Abdulrosheed Okiki     Mohammed Ghali Alaaya     Idiagbon     Abubakar Baba Sulaiman     Lukman Oyebanji Fagbemi     Bola Iyabo Ibiyeye Adisa     Ramat Oganija     Ajase-Ipo     Oye Tinuoye     Lai Mohammed     George Funsho Adebayo     Alloy Chukwuemeka     Kwara Volleyball Association     Kulende     Abdulraheem Olesin     Ogidi-Oloje     Oro Grammar School     Ajibola Ademola Julius     Kuliyan Geri     Joseph Offorjama     Oke-Oyi     Hussein Olokooba     Obasanjo     Salman Alada     Nigerian Medical Association     Jamiu Oyawoye     Yusuf Aiyedun     Ahmad Belgore     Kayode Ibrahim     Saad Belgore     Okala Baba     Niyi Osundare     Kpotum Mohammed Baba     Ayobami Akanbi     Amuda Musbau     Igosun     ASKOMP     Zaratu Umar     Kunle Suleiman     Gbajabiamila     Oko-Erin     Yunus Lawal     Abdullateef Abdussalam     Federal Road Maintenance Agency     Hassan Saliu     Isiaka Abdulrazak     Bursary     The Herald     Roseline Oni Aremu     Isaac Gbenle     Talaka Parapo     Amina El-Imam     General Hospital, Ilorin    

Cloud Tag: What's trending

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

Basit Olatunji     Twitter     First Lady     Olusin Of Ijara Isin     Bola Shagaya     Lotus Bank     Isiaka AbdulRazaq     Muhammadu Gobir     UTME     Yakubu Dogara     Olateju Lukman     Oke-Ogun     Aliyu Umar     Amuda Musbau     Isa Aremu     KSIRS     Kwara Apc     Iyeru Grammar School     IPSAS     Mahe Abdulkadir     Mopelola Abdulmaliq-Bashir     Ramadhan     Oba Mogaji Abdulkadir     Kehinde Boyede     Abdulhakeem Adelaja Amao     Kwara Primary Health Care Development Agency     Sambo Murtala     Saduki Lafiagi     Rihanat Ajia     Ishaq Abdulkarim     Magaji Erubu     Bukola Saraki     Nigeria Foundation For Artificial Intelligence     Bond     Aminu Adisa Logun     Abubakar Atiku     Abegunde Goke     Kpotum Mohammed Baba     Opolo Global Innovation Limited     Matthew Okedare     Jimoh Saadudeen Muhammed     Micheal Imodu-Ganmo Road     Innocent Okoye     Sabi     Savannah Centre For Diplomacy, Democracy And Development     Ayoade Akinnibosun     Kumbi Titilope     Ajike People Support Centre     Voices Of Tomorrow     Yusuf Lanre Badmas     Ahmed Alhasssan     Unilorin FM     Olaitan Adefila     Federal Polytechnic Offa     Sardauna     Allocation     Ajase-Ipo     Shettima Of Ilorin     Ilorin West     Abdulhakeem Amao     Awwal Jawondo     Kamoru Kadiri     Otunba Taiwo Joseph     Ramat Oganija     Binta Abubakar-Mora     Stephen Fasakin     Bolakale Kawu     Suleman Abubakar     Oyun     NITDA     Lithium     Okin Group     Abdulquawiy Olododo     Vasolar Consortium     Abdulfatah Ahmed     Naira Redesign     Alabe