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.

Waziri Yakubu Gobir     Senate     TESCOM     Bashir Omolaja Bolarinwa     Kwara State Fire Service     Rafiu Ibrahim     Bello Abubakar     Yusuf Abdulkadir     Teachers Specific Allowance     Communication Network Support Services     Ilorin Emirate     Sa\'adu Salahu     Gurei     Sadiq Umar     Kemi Adeosun     Opaleke Bukola Iyabo     Tunde Kazeem     Veterinary Teaching Hospital     International Public Sector Accounting Standards     Temitope Ogunbanke     Muhammed Akanbi     Muftau Akanbi Oke     Wahab Abayawo     Shehu Alimi Foundation     Christian Association Of Nigeria     First Lady     Convocation Ceremonies     Aremu Bose Deborah     Bamidele Adegoke     Adisa Logun     Read With Me     Ezekiel Yissa Benjamin     Sheu Ndanusa Usman     Otuka     08001000100     AGILE Programme     Bolakale Ayo     Makama Of Kaiama     Oke-Ero     Nurudeen Mohammed     Sarah Alade     TVC Female National Debate     Aliyu Olatunji Ajanaku     Yusuf Amuda Aluko     Durbar     Wakilin Mata Lafiagi     Abubakar B.M     Abdul Jimoh Mohammed     Rafiu Olasile     KWTV     Ubandoma     Ariyo     Lithium     Ilesha-Baruba-Gwanara     Nupe     Alumni Association Of The Federal Polytechnic Offa     Sebastine Obasi     Ope Saraki     Kwara Coalition Of Business And Professional Associations     Alloy Chukwuemeka     QuickWin     MATTA Girls Foundation     Just Law Forum     Saduki Lafiagi     Congress For National Consensus     Folaranmi Aro     20 Billion Bond     Wahab Egbewole     KWAFFA     Saeedat Aliyu     Iliasu     Yahaya A Paniyaro     Woro     BIR     HAMFAT Clinic And Maternity     Simeon Sule Ajibola     Okin Malt    

Cloud Tag: What's trending

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

Olatunji Abdulmumeen     Academic Staff Union Of Universities     Amos Sayo     Ayobola Ipinlaiye     Talaka Parapo     Ibrahim Issa Jetti     Yomi Adeboye     Shururat Olatinwo     Charcoal     Y.A. Abdulkareem     AbdulHakeem Ajibola Akanbi     Assayomo     Smart School     Ayotunde Emmanuel Alao     Sa\'adu Gambari     Olateju Lukman     KWSUED     Tinubu     Overland     Adijat Adebiyi     Otunba Taiwo Joseph     Gambari     Olam Food Ingredients     Aisha Ahman Pategi     AbdulRauf Keji     Issa Manzuma     IsDB     Sadiq Buhari     Yahaya Jibril Usman     Ilorin West/Asa Federal Constituency     Ahman Pategi     Olajumoke Monsura Gafar     Afusat Nike Ibrahim     Lateef Fagbemi     Temi Kolawole     Kwara State Geographic Information Service     CBT     Christopher Ayeni     Bahago     Yekini Adio     Yusuf Aiyedun     Yakub Lai Gobir     Ajidagba     Kwara State Sports Commission     Jumoke Gafar     Musa Abdullahi     Muslim Cementary     Ahmed Bolaji Nagode     Saad Omo\'ya     Just Law Forum     Babatunde Ajeigbe     Bolakale Ayo     Abdulrazaq Aiyelabegan     Abubakar Olusola Saraki     General Tunde Idiagbon International Airport Ilorin     IHS Towers     COEASU     Stephen Fasakin     Yahaya A Paniyaro     New Model Police Station     Olumide Daniel Ibitoye     Oyelere Oyinloye     Muhammad Fawaz Abubakar     Saad Belgore     Musa Aibinu     Alliance For Democracy     Women For Change And Development Initiative     Ahmad Lawan     Ibrahim Agboola Gambari     Tafida Of Ilorin     Joseph Daudu     Deji Ajani     Taofeek Ibraheem     All Confederation Of Principals Of Secondary Schools     A.O. Belgore     Buari Edun     Babatunde Ishola Babaita