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.

Lateef Alagbonsi     Moji Makanjuola     Yeketi     Students Union Government     Wahab Olasupo Egbewole     Valsolar Consortium     CKNG     Olabode Towoju     Okasanmi Ajayi     Sayomi     Dan Iya Of Ilorin     Goodluck Jonathan     Rice Farmers Association Of Nigeria     Amosa     Amule     Yusuf Arowosaye     Oba David Oyerinola Adedunmoye     Radio Kwara     Jumoke Gafar     Clement Yomi Adeboye     Oloriegbe     Adedayo Yusuf Abdulkareem     Nigerian Correctional Service     Onilorin     Saliu Mustapha     Madawaki Of Ilorin     Abdulkareem Alabi     Danladi     Ilorin Water Reticulation     Muhammadu Gobir     Haashim Initiative For Community Advancement     Ilorin     Bayo Ajia     Aishat Mohammed Lawal     Afolabi-Oshatimehin     KWACOBPA     Ilorin Talaka Parapo     Ballah     Ahmad Belgore     Basic Education Certificate Examination     Raliat AbdulRazaq     National Party Of Nigeria     Saheed Popoola     Taofeeq Olateju     Salaudeen Oyewale     Okala Baba     Mujtabah Bature     Olupako     ANCOPPS     Facemasks     Towoju     Senior Ibrahim Suleiman     Saka Saadu     Abdulahi Abubakar Bata     Baba Isale     Suleman Abubakar     Eleja Taiwo Banu     CUTI     Bashiru Makama     Ramadhan     Saheed Alakoso     Coronavirus     Geri-Alimi Split Diamond Interchange     Abdulrauf Yusuf     Vasolar-Kwara Company Ltd     Sardauna     Okiki     Razaq Ayobami Akanbi     Odogun Olushola Gabriel     Association Of Kwara State Online Media Practitioners     Oke-Kura     Bluenile Associates     Adewuyi Funmilayo     Rex Olawoye     Volunteers Of Ilorin Community And The Emirate     Magaji Are     Kudirat Arinola Lawal    

Cloud Tag: What's trending

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

Aiyedun     Muhammad Ghali Alaaya     NIPR     SWAN     Muslim Cementary     Abdulrahman Abdulrazak     Musibau Akanji     Rotimi Samuel Olujide     Ahmed Saidu Rufai     Kwara State Health Insurance Agency     Ambassador Kayode Laro     Olosi Of Osi     Lola Ashiru     Age AbdulKareem     National Broadcasting Commission     Ajakaye     Temi Kolawole     Abdulwaheed Musa     Ben Duntoye     Okoolowo     Muideen Olaniyi Alalade     Mahmud Ajeigbe     Shuaibu Yaman Abdullahi     Bamikole Omishore     Tsaragi-Share     Adeola Abraham     Muslim Stakeholders Of Kwara State     Muhammed Mahe Abdulkadir     Pius Abioje     Shaaba Lafiagi     Ramadan     Omoniyi     Tosho Yaqub     SGBN     Gaa Olobi     Kwara State Governor     Kwara Primary Health Care Development Agency     KWASIEC     A.E. Afolabi     Tunde Idiagbon Road     Sa\'ad Alanamu     Lithium     KWASSIP     Taofik Abdulkareem Babaita     Muhammadu Buhari     Adam Abdullahi Al-Ilory     Saheed Alakoso     NSCIA     AbdulFatai Adeniyi Dan-Kazeem     Obayomi Azeez     Bashirat Bola Bello     Ibrahim Mashood     General Hospital     Afusat Nike Ibrahim     Share     Sabi     Ubandoma     Ahmed     Kwara State Television (KWTV)     IsDB     Ahmad Fatima Bisola     Kunle Okeowo     Oladimeji Thompson     Oko-Erin     Sulu Gambari     Abdulmutalib Shittu     Post-utme     Harafat E. Mukadam     Ishak Mohammed Sabi     Park     Demola Banu     Veterinary Teaching Hospital     Sarafadeen Kayode Akorede     Abdulkadir Orire     AbdulRasaq Abdulmajeed Alaro     CBT     UNILORIN Alumni