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.
Ayo Salami Toyin Saraki Yekeen Alabi Guber Aspirant National Association Of Nigerian Students ER-KANG HICA Sebastine Obasi Chartered Institute Of Personnel Management Of Nigeria Sulyman Abdulkareem Dar-Al-Handasah Consultants ITP Adam Abdullahi Al-Ilory Naira Redesign Garba Dogo LEAH Charity Foundation Muhammed Akanbi Ibrahim Abduquadri Abikan 20 Billion Bond Yusuf Abubakar Elerin Of Adanla Bayer AG Bio Ibrahim S.O. Opowoye Oke-Ero Adamu Attah Obayomi Azeez Budo-Egba Temi Kolawole Tricycle Owners Association Of Nigeria Isau Kawu Baraje Sheikh Ridhwanullah Busari Alabi Alausa Garba Idris Ajia Maimunat Oniyangi Vishvas KOZ Tractors Moses Salami Abdulmajeed Wahab NURTW AbdulKareem Yusuf Danhawa Bola Iyabo Ibiyeye Adisa JMK Construction Company Limited Yusuf Abdulwahab Lai Gobir Ophthalmological Society Of Nigeria 2017 Budget ER-KANG Mining Adewuyi Funmilayo Emir Of Yashikira Ilorin Junior Secondary School Certificate Examinations Sidikat Alaya Issa Oloruntogun Sulyman Tejidini Adedayo Yusuf Abdulkareem Jaigbade Alao Taofik Abiodun Ahmed KWASSIP Olatunji Moronfoye Mopelola Abdulmaliq-Bashir Tanke Flyover Bridge Wahab Olasupo Egbewole Shuaib Abdulkadir Haleeman Salman Kayode Bankole Old Oyo Osuwa Rafiu Ajakaye Toyin Olayinka Tejidini Yeketi Abubakar Bature Sulu-Gambari Olusola Saraki Roseline Oni Aremu Alfa Yahaya Road Oniwa Kanu Agabi

