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.

Assayomo     All Confederation Of Principals Of Secondary Schools     Jimoh Akani     New Naira Notes     Salaudeen Oyewale     Abdulwasiu Bolaji Adeyi     Sobi Specialist Hospital     Simeon Ajibola     Sheikh Hamzat Yusuf Ariyibi     Ijagbo Health Centre     Bareke     Ekweremadu     Idris Garba     Jumoke Gafar     Al-Adaby     Olaoye B. Felix     Abdulkadir Bolakale Sakariyah     Forgo Battery Company Limited     Marufat Oladosu     Olaiya Zuberu     Fatai Adeniyi Garba     Yusuf Lawal     Aliyu Kora Sabi     Rebecca Bake     Elerin Of Adanla Irese     Kaosarah Adeyi     Sarah Jubril     Emmanuel Bello     Wahab Kunle Shittu     Nagode     SSA Youth Engagement     Abdulazeez Uthman     Tunde Akanbi     Saidu Kawu     Olatunji Bamgbola     Abubakar Lah     Basit Olatunji     Kwara Pdp     Taibat Ayinke Ahmed     Hajj     Kayode Ibrahim     National Party Of Nigeria     Dumagi     Shehu Adaramaja     Salman Suleiman     Ekiti     General Hospital     Olosi Of Osi     Rabiu Kwankwaso     Ilesha-Baruba     Baboko Primary School     Azeez Bello     Omoniyi Ayinla     Oye Tinuoye     Abubakar Kawu Baraje     Bashirat Bola Bello     Afeyin-Olukuta     ER-KANG     Gwanara     Ubandoma Of Ilorin     Wahab Olasupo Egbewole     The Herald     Afin Descendants Union Of Odo-Owa     Iqra Books     Timothy Akangbe     Opolo Global Innovation Limited     AbdulRazaq Jiddah     KWIRS     SSA Youth     Titus Suberu-Ajibola     Admiralty Villa     Saliu Alamoyo     Elerinjare-Ibobo     Trader Moni     Kazeem Gbolagade     Salman Jawondo     Prince Sunday Fagbemi    

Cloud Tag: What's trending

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

KWASIEC     Valsolar     Hamza Usman     Balogun Gambari     Oloriegbe     Abioye Bello     Omoniyi M. Ayinla     Ilorin International Airport     Saad Omo\'ya     Trader Moni     Dapo Teni Nig Enterprise     Opobiyi     Olubukola Kifayat Adedeji     Najim Yaasin     Simeon Ajibola     Bayo Ajia     Ilorin Talaka Parapo     Abdulrahman Onikijipa     Isiaka AbdulRazaq     Adeniyi Ojo     Olatomiwa Williams     Asa LGEA School     Tuesday Assayomo     Aisha Ahman-Pategi     Muhammad Akande Olarewaju Odunade     Atunwa     AIT Ilorin     Oyawoye     Isaac Aderemi Kolawole     Mahee Abdulkadir     Abdulrosheed Okiki     Federal College Of Education (Special), Afon     Seed Technologies     Isiaka Oniwa     Peter Obi     Kolade Solagberu     Ita-Nmo Market     JAMB     Turaki Of Ilorin     Salau Kabiru Abdullahi     Sunday Fagbemi     Maryam A. Garuba     ASKOMP     Samuel Elizabeth Keatswa     Titus Ashaolu     Abubakar Usman Jos     Lai Gobir     Park     Summit University     Garba Ayodele Wahab     CCT     ARMTI     Olayinka Oladapo Jogunola     Afin Descendants Union Of Odo-Owa     Justina Oha     Ajuloopin     Abdulsalam Firdaous Amosa     Amusa Bello     Olabode George Towoju     Olokoba     Yusuf Lawal     Quranic Recitation Competition     Ajike People Support Centre     Innocent Okoye     James Kolo     Gbadeyan Gbadura Yomi     Muazam Nayaya     Risikat Lawal     Olam Food Ingredients     Aliyu Sabi     Ishak Mohammed Sabi     Alapado     Kwara State Television     CBT     KWSUED     Ahmad Fatima Bisola     ASMAU PLAZA