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.

Kolawole Akande     March 18     Adedeji Onimago     Ahmed Idris Mohammed     Surajudeen Akanbi     Bilikisu Gambari     PPS     Bayer Nigeria Limited     Tafidan Kaiama     First Lady     Theophilus Oyebiyi     Olaiya Lawal     Dauda Adesola     Imodoye Writer’s Enclave     Pacify Labs     Ajuloopin     GRA     Democracy Day     Standard Organization Of Nigeria     Gaa Olobi     Sulaiman Gado     Yusuf Lawal     Awoye     Ubandoma Of Ilorin     Yekeen Alabi     Ramadhan     Trade Lenda SME Fair     Ibrahim Bio     Odo-Owa     Muhammad Mustapha Suleiman     Igosun     Majlis For Sadakah, Zakat And Waqf     Alaiye     Ghali Muhammed     Arca Santa     Shagari     Curfew     Isaac Aderemi Kolawole     Mahmud Durosinlohun Atiku     Sidikat Akaje     Ayobami Akanbi     Wahab Isa     Jawondo     Kwara State Pension Board     Jide Oyinloye     Babaloja-General     Bluenile Associates     Olatunde Oyeyiola     Age AbdulKareem     Bello John Olanrewaju     Olatomiwa Williams     TIC     Oro Grammar School Old Students Association     Temi Kolawole     Joseph Yemi Ajayi     Mustapha AbdulGaniyu     Sidikat Uthman Ajibola     Olufolake Abdulrazaq     Waziri Yakubu Gobir     Isaac Gbenle     Lukman Oyebanji Fagbemi     Emmanuel Bello     NTA Ilorin     Adedipe     Idiagbon     Ajibola Saliu Ajia     General Hospital, Offa     Bola Tinubu     Nigerian Medical Association     Idris Amosa Saidu     Tsaragi/Share     Olatunde Jare     COVID-19 Palliatives     Oyelere Oyinloye     AbdulRahman Saad     College Of Education     Imam Gambari    

Cloud Tag: What's trending

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

Abikan     Eruku     Muslim Stakeholders Of Kwara State     Yakubu Gobir     Olatunde Olukoya     Labour Party     Ilorin Talaka Parapo     Abdulrauf Aliyu     Junior Secondary School Certificate Examinations     Matthew Okedare     Jimoh Saadudeen Muhammed     Ubandawaki     Mansur Alfanla     Ibrahim Mashood     Habeeb Saidu     Ibrahim Abdulqadir Abikan     Kwara State Television     Bola Magaji     Saliu Mustapha     Muritala Olarewaju     Ilesha-Baruba-Gwanara     Abubakar B.M     Ishaq Abdulkarim     Gbadeyan Gbadura Yomi     Abubakar Baba     Iyaloja-General     Atiku Abubakar     Timothy Akangbe     Yekini Adio     Bank Of Industry     Ibrahim Abdulkadir Abikan     Umar Bayo Abdulwahab     Emir Of Yashikira     Noah Yusuf     Kunle Suleiman     Sobi FM     Mufutau Gbadamosi Esuwoye     John Mayokun Dada     Modibbo Kawu     Amina Susa\'a De Ahmed     Kayode Issa     Saadatu Modibbo-Kawu     Lanre Aremu     Lanre Issa Onilu     Kwara Coalition Of Business And Professional Associations     Alaro     Osinbajo     Kwara Central     Summit University     Aliyu Adebayo     Kwarareports     Ahmad Uthman     Lawyers Unite Against Corruption     Abdulazeez Arowona     Toyin Falola     Kola Bukoye     Centre For Digital Economy     Omotoso Musa     Owo Arugbo     Ibrahim Sulu Gambari     Yaman     Towoju     Danhawa     Ajibola Ademola Julius     Royal FM     Basit Olatunji     Kannike     Ado Bayero     Abdulrasheed Akogun     Hijaab     TIIDELab     Oluwarotimi Boluwatife Adenike     Ojuekun Sarumi     David Oyepinola Adedumoye     Suleiman Mora Omar     NIPR     Olokoba