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.

Fatimat Saliu     KW-GIS     Police Commissioner     Musa Ayinla Yeketi     Ayoade Akinnibosun     Kulende-UITH     Woro     Tunji Arosanyin     Mutawali Of Ilorin     Nurudeen Mohammed     Bahago     Isiaka Danmeromu     Aliyu Sabi     Jimba Babatunde     Ajayi Okasanmi     Tunde Mukaila Mustapha     Gambari     Muhammed Abdullahi     Ojo Isekuse     Ibrahim Abduquadri Abikan     Baakini     EFCC     Ilorin Central Mosque     Oke-Ogun     Gbenga Adebayo     Olukotun Of Ikotun     Osuwa     Yakubu Dogara     Federal Polytechnic Offa     Medview Airlines     Aliyu Muhammed     Nigeria Customs Service     Kola Adesina     Ridhwanullah Al-Ilory     Sanusi Abubakar     Funmilayo Oniwa     Shehu Jimoh     Yusuf Badmus     Yusuf Abdulraheem     Obayomi Azeez     Plat Technologies     General Hospital, Offa     JAAC     Abubakar Kawu Baraje     Babatunde Ajeigbe     Pacify Labs     Shonga     Jumoke Gafar     Ilorin Emirate     Yemi Osinbajo     YAKOOYO     Afonja Descendants Union     Forgo Battery Company Limited     Wahab Olasupo Egbewole     Bashiru Makama     Kawu     Bamidele Adegoke     Muhammad Mustapha Suleiman     Ibrahim Jawondo     Sola Saraki Educational Foundation     Olayinka Are     Kabir Shagaya     Yoonus Kola Olatinwo     Muideen Olaniyi Alalade     Chikanda     Saraki     Onilorin     Muyiwa Oladipo Kanu     Ali Ahmad     Adeleke Ogungbe     Bello John Olanrewaju     Babata     Abdullah Janet Amudat     Dunmade     KSIRS     Ekiti     Sanitation Exercise    

Cloud Tag: What's trending

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

Ayobola Ipinlaiye     AbdulQowiy Olododo     Maigida Soludero Transit     Kwara Hotel     Raji AbdulRasaq     Yusuf Mubarak     Mohammed Yisa     Ibrahim Abdulkadir Abikan     Ubandoma     National Union Of Road Transport Workers     Omu Aran     Ali Ahmad     Atiku Abubakar     Musa Aibinu     Bola Iyabo Ibiyeye Adisa     Habeeb Saidu     Ayoade Akinnibosun     Tunde Akanbi     Olokoba Abdullahi Ayinla     John Olobayo     AbdulGaniyu Kareem     Ayinke Saka     Ogbondoroko     Apaokagi     Sulu Babaita Isiaka     Yoonus Kola Olatinwo     Tafida Of Ilorin     Elerinjare-Ibobo     ASUU     Muhammed Aliyu     Forgo Battery Company Limited     Emir Of Ilorin     Emmanuel Bello     Harafat E. Mukadam     Javed Khan     Oloyede     Chikanda     COVID-19 Palliatives     Yinka Aluko     Tunji Oyawoye     Abdulrazaq Magaji     Universal Basic Education Commission     Yusuf Ali     Amos Sayo     Ishaq Abdulkarim     Mahe Abdulkadir     Susan Modupe Oluwole     Ayotunde Emmanuel Alao     Abdullahi Samari     Bahago     Sheriff Olanrewaju     Islamiya Abdulraheem     Adedeji Onimago     Bolaji Gambari     Sunday Popo-Ola     Salaudeen Oyewale     Yahaya Abdulkareem Babaita     Ahmad Uthman     Kwara     Haliru Dantoro     Omotosho     Oju Ekun Sarumi     Jaiz Bank     Saka Onimago     Yusuf Badmus     Taofik Mustapha     Ile Arugbo     Temi Kolawole     Government High School (GHS), Adeta     Tunji Folami     Justina Oha     Ibrahim Agboola Gambari     Khairat Gwadabe     Baba Issa     Abdulrazaq Solihudeen     Michael Imoudu National Institute For Labour Studies     Owo Isowo