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.

AGILE Programme     Obasanjo     Mohammed Yahaya Barki     Agbarigidoma     Smart School     Oke Sunna     Atunwa     Oke-Ero     Yahaya Seriki     Olatunji Bamgbola     Chief Imam Of Offa     Saadu Alanamu     Valsolar-Kwara Company Limited     Rex Olawoye     Doyin Agbamu     Ben Duntoye     Shuaib Boni Aliyu     Abdulrosheed Okiki     Prince Bola Ajibola     Mohammed Ghali Alaaya     Sabitiyu Grillo     Aishat Mohammed Lawal     Christopher Ayeni     Photo News     Wahab Femi Agbaje     Suleiman Mora Omar     Abdulrazak Shehu Akorede     Ubandoma Of Ilorin     Sheriff Shagaya     Aso Ofi     Ilorin Descendants Progressive Union     Yemi Sanni     Kwara Poly     Maja     Garba Ado Sanni     Razaq Atunwa     Sobi Hill     Students Union Government     Iliasu     National Union Of Road Transport Workers     TIC     Third Estate     Alabe     Arca Santa     Buari Edun     Share-Tsaragi     Abdulrazaq Adebayo     Abdulfatai Salman Baakini     Albert Ogunsola     Offa     Bola Iyabo Ibiyeye Adisa     Ajike People Support Centre     Kumbi Titilope     Dauda Adeniran Adeshola     Muritala Awodun     Muhammed Aliyu     Ilorin West     Yetunde Balogun     Jalala     Mumeen Lah     Bamidele Aluko     Simeon Ajibola     Amosa     Kamaldeen Ajibade     National Association Of Nigerian Students     Clement Yomi Adeboye     Apata Ajele Secondary School     Nigerian Army     All Peoples Party     Azeez Bello     Sola Saraki University     Oyedun Juliana Funke     Kwara State Council Of Chiefs     Saadatu Modibbo-Kawu     Geri-Alimi Split Diamond Interchange     Wahab Olasupo Egbewole     Olateju Lukman    

Cloud Tag: What's trending

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

Olawuyi     20 Billion Bond     Jeunkunu-Malete-Bani     Abdulrahman Iliasu     Twitter     Special Adviser On Digital Innovation     Ayodele Olaosebikan     Zara Umar     Mutawali     Ilorin     Yahaya Seriki Gambari     Yakubu Shaaba     Idris Amosa Saidu     Chief Imam Of Lafiagi     KWAFFA     Segun Ogunsola     Mohammed Halidu     Oba Mogaji Abdulkadir     Abdulfatai Baakini     FERMA     Amusa Bello     Alapansapa     Erubu     Split Diamond Interchange     Kwara North     Aisha Abodunrin Ibrahim     Olayinka Are     FOMWAN     Ajibola Saliu Ajia     Kwara State Fish Farmers Association     Riskat Opakunle     Abdulkadri Ahmad Alaiye     Abdullahi Saadudeen Alikinla     Ilorin.Info     Sam Onile     Kwara-SAPZ Project     Kola Shittu     Gani Saadu     Oke-Ode     Olatunde Oyeyiola     Kola Ologbondiyan     Mahe Abdulkadir     ENetSuD     Wakilin Mata Lafiagi     Madawaki     Chemiroy Nigeria Limited     Alao Ayotunde     Prince Bola Ajibola     Code Of Conduct Tribunal     Majlis For Sadakah, Zakat And Waqf     The Herald     Femtech     Moji Makanjuola     Sarafadeen Kayode Akorede     Abubakar Baba     Wahab Femi Agbaje     Oba Abu     Alaaya     National Pilot     Amusement Park     Justina Oha     HYPPADEC     Pius Abioje     Yusuf Lanre Badmas     Ekweremadu     Al-Hikmah Radio     IPSAS     Elerin Of Erin-Ile     Sulu Gambari     UNILORIN Alumni     Kola Bukoye     Adanla-Irese     Mustapha Olanipekun     Lanwa     Sa\'ad Alanamu     Neuropsychiatric Hospital     Tsaragi