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.

Overland     KWASAA     Abdulquowiyu Olododo     Tafida     Moses Rahman Popoola     Centre For Peace And Strategic Studies     Fatai Olodo     Olushola Saraki     Ojo Isekuse     High Court     KWASIEC     Isa Aremu     Bureau Of Lands     Ojo Fadumila     Salihu Yahaya     Bankole Omishore     Hamza Usman     Folajimi Aleshinloye     Iyaloja-General     Mohammed Yahaya Barki     Zulkifli Ibraheem     Kwara State Government     Yahaya Seriki Gambari     Muhammad-Mustapha Suleiman     Fatimat Saliu     Oya State     Yusuf Amuda Abubakar     Local Government Pension Board     Omotoso     Sheikh Hamzat Yusuf Ariyibi     Mohammed Tunde-Jimoh     Kwara Polytechnic     Ayo Opadokun     Ado Ibrahim     Alaiye     Sulyman Tejidini     Hassan Taiye Salam     Face Masks     Saka Asiat Ayinke     Olusegun Adeniyi     Binta Abubakar-Mora     Bayo Mohammed Onimode     Sulyman Age AbdulKareem     Idris Amosa Saidu     Joseph Offorjama     Chief Imam Of Ilorin     Rashidi Yekini     Hijaab     Victor Gbenga Yusuf     Samuel Adedoyin     Bolakale Saka     Yusuf A. Usman     Kwara Teaching Service Commission     Iyabo Dupe Adekeye     Matthew Okedare     Egbewole     Abubakar Abdulraheem     Shehu Alimi Foundation     Raheem Adaramaja     Ganmo     Public Holiday     Kazeem Adekanye     Muslim Media Watch Group Of Nigeria     Obasanjo     Javed Khan     Laboratory-to-Product     Ibrahim Abiodun     Moshood Mustapha     Michael Nzekwe     Kulende     Iliasu     Baba Isale     Shehu Jimoh     Alloy Chukwuemeka     Modibbo Kawu     Babatunde Idiagbon     Hauwa Nuru    

Cloud Tag: What's trending

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

Hamid Bobboyi     Yusuf Aiyedun     Ayobami Seriki     Cornelius Fawenu     Lafiagi     Issa Memunat Moyosore     AbdulGafar Tosho     Bank Of Industry     ER-KANG Mining Nigeria Company Limited     Funmilayo Oniwa     Shonga Farm Project     Shaaba Lafiagi     Razaq Atunwa     Musbau A. Akanji     Baboko     Habeeb Abdullahi Al-Ilory     Olaosebikan     Saliu Alamoyo     JAMB     Lai Mohammed     AbdulRazaq AbduMajeed Alaro     Busari Toyin Isiaka     Abubakar Abdulraheem     Kwara 2019     BECE     Valsolar Consultoria     Ilorin Muslim Community     Balikis Jawondo     Olupako Of Share     Offa     Isin     Minister     Yusuf Babatunde Abdulwahab     Dauda Adeniran Adeshola     Code Of Conduct Tribunal     Samuel Olusegun Adedayo     Otuka     Oye Tinuoye     Eleja     Salau Kabiru Abdullahi     Ajibola Ademola Julius     Ojo Isekuse     Oyedepo     Aisha Ahman-Pategi     Kunle Akogun     Federal Polytechnic Offa     Idris Amosa Saidu     Yusuf Amuda Abubakar     Tafidan Kaiama     Bashiru Makama     Ajibike Katibi     KWASEIC     Afin Descendants Union Of Odo-Owa     Olatinwo     Babatunde Ajeigbe     Issa Oloruntogun     Smart School     Tricycle Owners Association Of Nigeria     UNIFEMGA     Ashiru     Osi     Ishaq Oloyede     Ado Bayero     Esuwoye     Alloy Chukwuemeka     Raji AbdulRasaq     Aso Ofi     Abdullahi Dasilva Yussuf     Abdulmajeed Wahab     Baba Isale     Yusuf Zulu-Gambari     Moro     Ola Falade     Yusuf Olaolu Ali     AbdulGaniyu Kareem     Idris Amosa Oladipo Saidu     Al-Ilory