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.

Ibraheem Adeola Katibi     Awodun     Arca Santa     Tunji Folami     Isiaka Rafiu Mope     AIT Ilorin     Naira Redesign     Pilgrims Board     Amina Susa\'a De Ahmed     Ibrahim Agboola Gambari     Seed Technologies     Doyin Agbamu     Abdulmajeed Abdullahi     The Herald     Alfa Yahaya Road     Awili Pedro     Kwara State Television     Shuaibu Yaman Abdullahi     Islamiya Abdulraheem     Gwanara     Ramadan     Mope Dasuki Belgore     Logun     Hamza Usman     Kamaldeen Ajibade     Jawondo     Usman Alkali Baba     Abubakar B.M     Mohammed Ghali Alaaya     Bolaji Aladie     Nupe     Maigidasanma     Abiodun Jacob Ajiboye     Moshood Bakare     Emir Of Shonga     Elelu     Michael Ologundea     Ilorin Like-Minds     Mohammed Alabi Lawal     Okeose Christian Cementary     Sanusi Abubakar     Sai Kayi     Saka Aleshinloye     Yaru     Oasis Muslim Care Foundation     Igbomina     Busari Toyin Isiaka     International Vocational Centre     Adeniyi Ojo     Abdulrazaq Sanni     Turaki     First Lady     Hamid Bobboyi     Justina Oha     Funke Adedoyin     Ilorin Central Mosque     Quareeb Islamic Association     Adedeji Onimago     Gani Saadu     KFA     Alaro     Mohammed Saidu     Kuliyan Geri     Radio Kwara     Omotoso     Adijat Adebiyi     New Model Police Station     Bayer AG     Ilesha-Baruba     Bello Abubakar     Jimoh Lambe Abdulkareem     Kwara Poly     Kwara State Coalition Of Business And Professional Associations     Olomu Of Omu-Aran     Ajasse-Ipo     Lateef Fagbemi     Kisra    

Cloud Tag: What's trending

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

Mohammed Abduraheem     Elesie Of Esie     Baba Idris     Al-Hikmah University     Valsolar Consortium     Medview Airlines     07039448763     Dorcas Afeniforo     Waheed Ibrahim     HICA     Sarakite     Kayode Laro     Razak Atunwa     Mope Dasuki Belgore     Khairat Gwadabe     Gbenga Olawepo     Alfa Yahaya Road     Maigida Soludero Transit     Nigeria Foundation For Artificial Intelligence     Centre For Digital Economy     Tuesday Assayomo     Taofeeq Olateju     Eleja     Mogaji Aare     Oyelere Oyinloye     Danhawa     Mufti Of Ilorin     Summit University     Saka Adeyemo     Falokun-Oja     Eleyele     Ilofa     Kolo     Countryside Emerging Leaders Fellowship     Bola Tinubu     Raliat Islamic Foundation     Sango-UITH Road     Ballah     Kwara State Printing And Publishing Corporation     Vasolar Consultoria     Kwara 2019     Bashir Adigun     KFA     Bisi Oyeleke     Chemiroy Nigeria Limited     Abdulrasaq Alaro     Ilorin Airport     Quareeb     Sarafadeen Kayode Akorede     Mohammed Yisa     Chief Imam Of Omu-Aran     NNPP     Christopher Odetunde     Vasolar     Erubu Oba Zubair     Dan Iya Of Ilorin     Bayo Ajia     Yomi Ogunsola     Students Union Government     Omotoso     Ibrahim Jawondo     Bankole Omisore     Kwha.gov.ng     Allocation     UTME     Jimoh Saadudeen Muhammed     Muhammad Ghali Alaaya     Dele Momodu     Tsaragi-Share     Emir Of Yashikira     Suleiman Mora Omar     Ilota     Afonja Descendants Union     Amusa Bello     College Of Health     Joana Nnazua Kolo     Isaac Aderemi Kolawole