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.

Oluronke Adeyemi     Council Of The Wise     Michael Nzwekwe     Abdulkadir Bolakale Sakariyah     Sarkin Malamai     Majlis For Sadaqah, Zakat And Waqf     2017 Budget     Ilorin.Info     IHS Towers     Ayekale     Oke-Oyi     Joseph Alex Offorjama     Gamji Members Association     International Public Sector Accounting Standards     Oniyangi Kunle Sulaiman     Soffiyyallah Kamaldeen     Mahe Abdulkadir     National Information Technology Development Agency     Tsaragi-Share     Seni Saraki     Baba Isale     Ganmo Electricity Sub-Station     Raheem Adaramaja     Bola Iyabo Ibiyeye Adisa     Budo-Egba     Abdullahi G. Mohammad     Olabimpe Olani     Halimat Yusuf     KWACOBPA     Danhawa     Pilgrims Board     Kolawole Bashirat     Oyedepo     Sola Saraki Educational Foundation     CCB     MATTA Girls Foundation     Olaitan Buraimoh     Sa\'adatu Modibbo-Kawu     Kawu Baraje     Nupe     Sa\'adu Salahu     Olumide Daniel Ibitoye     Ndakene     Abubakar Baba     Waheed Ibrahim     Bolaji Nagode     Fatima Abolore Jimoh     Sabitiyu Grillo     Plat Technologies     Funmilayo Zubair     Adamu Attah     Buari Edun     Ekweremadu     Muritala Olarewaju     Facemasks     Abdulmajeed Wahab     Emir Of Lafiagi     Ibrahim Abikan     Innocent Okoye     Amina El-Imam     Bilikis Oladimeji     Oloruntoyosi Thomas     Ayinke Saka     Yusuf Abdulwahab     Abdulrazaq Adebayo     Gwanara     Bello Oyedepo     Turaki     Adesoye     Abdulazeez Arowona     Kunle Akogun     Arandun     Hakeem Lawal     Ubandawaki     Mahmud Ayinla Giwa     Adekunle David Dunmade     National Party Of Nigeria    

Cloud Tag: What's trending

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

Abdulmumini Sanni Jawondo     Kwara Polytechnic     Eleyele     Mohammed Halidu     Cassava Growers\' Association     Afeyin-Olukuta     Yusuf Arowosaye     Ahmad Olayiwola Kamaldeen     Kisra     Ashiru     David Adesina     Dan Iya     Ahmed Bayero     Suleiman Rotimi Iliasu     Hajj     Ilorin International Airport     Chief Imam Of Lafiagi     Olatomiwa Williams     Tunji Moronfoye     Kunle Suleiman     Saka Abimbola Isau     Yusuf Amuda Aluko     JMK Construction Company Limited     Amina Susa\'a De Ahmed     ANCOPPS     Hakeem Idris     John Obuh     Garba Ayodele Wahab     Chief Of Staff     Illyasu Abdullahi     Tunde Yusuf     Sulyman Age AbdulKareem     Yusuf Olaolu Ali     Kola Shittu     ITEM 7     Sebastine Obasi     Otuka     Wahab Isa     Adamu B. Yaqubu     Chikanda     Tunde Idiagbon Road     Adegoke Bamidele     Muhammad Fawaz Abubakar     Okin Group     Ayodele Shittu     Mohammed Tunde-Jimoh     Omu Aran     Ilorin South     Mujtabah Bature     Zulu Gambari     PPS     Olaitan Buraimoh     Ahman Pategi     Deji Ajani     Kumbi Titilope     TESCOM 2025     Yoonus Kola Olatinwo     Lafia Aliyu Korasabi     Aishat Sulu-Gambari     Apaokagi     Mohammed Lawal     Turaki     Hijaab     NIRSAL     Kwara Basketball Association     Toyosi Thomas     Kpotum Mohammed Baba     Alaiye     Rex Olawoye     Shaaba Lafiagi     Abdullahi Saadudeen Alikinla     Abdulrahman Onikijipa     Ilorin Emirate Staff Association     Victor Gbenga Yusuf     Mohammed Khadijat Kubura     Abdulmajeed Abdullahi     Offorjama