3,000 Kwara SMEs to Get Post-COVID-19 Relief Grants
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.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Budo-Egba Kayode Issa Siraj Oyewale Yunus Oniboki Owo Arugbo Ilesha-Gwanara Ahmed Shuaib Buranga Florence Saraki Ola Falade Bola Magaji Adebayo Salami Bio Ibrahim Shero Yaru Salihu Ajibola Ajia Isau Dele Momodu Eleja Ophthalmological Society Of Nigeria Paul Odama Alapado Danhawa Isiaka Danmeromu MATTA Girls Foundation Public Holiday Saidu Yaro Musa Turaki Oni Adebayo Babs Iwarere Taofeek Sanusi Samuel Olusegun Adedayo Doyin Group SAPZ Project Rabiu Kwankwaso Mohammed Yahaya Barki Revenue Court Oyedun Juliana Funke Adam Abdullahi Al-Ilory Jimoh Bashir Kwara State Governor Gbemi Saraki Ishaq Abdulkarim Wahab Olasupo Egbewole ARMTI Shaaba Lafiagi Aishat Sulu-Gambari Ahmad Ali Muhammad Fawaz Abubakar Esinrogunjo Olatunji Ayeni Erubu Tinubu Legacy Forum Musa Yeketi Hamidat Sulyman-Yusuf Igbaja AbdulHamid Adi Kisira NULGE Sulaiman Gado Kwara Coalition Of Business And Professional Associations Lawan Asa LGEA School Offa Grammer School Wasiu Onidugbe Muhammed Aliyu Student Learning Support Helpline Kwara Teaching Service Commission Pategi Saka Aleshinloye Sarafadeen Kayode Akorede All Peoples Party Moji Makanjuola Isaac Gbenle Bahago Tsado Manman Bolaji Gambari Onilu

