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.

IYA YUSUF     AbdulGafar Tosho     Abdul Jimoh Mohammed     Olabode George Towoju     Senate     Kwara State Television     Code Of Conduct Bureau     Suleiman Ajadi     Moro     Kwara State Football Association     SARS     IQRA College     Aminu Ado Bayero     Wale Oladepo     Kwara Politics     Durbar     Ayekale     Jimoh Bashir     Apata Ajele Secondary School     Babajide Ajayi     Olokoba     Yusuf Amuda Abubakar     Olabode Towoju     Shettima     LABTOP     Sheu Ndanusa Usman     Otunba Taiwo Joseph     Shehu Alimi Foundation     Nigeria Foundation For Artificial Intelligence     Saliu Ajia     Post-utme     Okin Malt     Ojo Isekuse     Zainab Abass     Flights To Ilorin     Government High School Adeta     Usman Rifun     Baba Isale     MalHub     Yusuf Badmus     Abdulganiy Abimbola Abdussalam     Saliu Oluwole     Yusuf Zulu-Gambari     Sulyman Buhari     Yusuf Abdulraheem     Pakata Patriots     Awodun     Isaac Gbenle     Olatunji Ibrahim     Joseph Daudu     Issa Manzuma     Harafat E. Mukadam     Abdulwasiu Bolaji Adeyi     Eleja Taiwo Banu     University Road     Emir Of Kano     Kolawole Bashirat     Onilorin     AGILE Programme     Nigeria Association Of Women Journalists     Taiwo Joseph     Kayode Laro     Oko-Erin     Tinubu     Taofik Abdulkareem     Abdulkadir Akanbi-Oke     Vasolar-Kwara Company Ltd     Jamila Bio Ibrahim     SUBEB     New Nigeria People’s Party     Maigida Soludero Transit     JMK Construction Company Limited     Oluranti Idowu     Oniye     Iyaloja-General     Sulyman Tejidini     Mustapha AbdulGaniyu    

Cloud Tag: What's trending

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

Abdulfatai Salman Baakini     Abdulganiyu Oladosu     National Union Of Road Transport Workers     AIT Ilorin     Ilorin East     Face Masks     Osinbajo     Ayobola Ipinlaiye     Innocent Okoye     International Aviation College     Oba-Solagberu     Baruten     Young Progressives Party     Olatunde Jare     Ilorin.Info     IF-K     Abdulmumini Jawondo     Bashir Adigun     Issa Memunat Moyosore     Saka Saadu     Sulu Gambari     Sulyman Buhari     Senior Special Assistant On Student Affairs     Agboola Abdulraheem     Prince Sunday Fagbemi     Micheal Imoudu     National Information Technology Development Agency     Aminu Ado Bayero     Mahfouz Adedimeji     Ope Saraki     Pakata Development Association     Idris Garba     MATTA Girls Foundation     Kawu Baraje     Countryside Emerging Leaders Fellowship     Hassanat Bello     Share-Tsaragi     Omotoso Musa     Ilesha-Baruba-Gwanara     Muslim Cementary     Congress For National Consensus     Government High School Adeta     High Court     Kwara State Polytechnic     Yusuf Ibitokun Sherifat     Tayo Awodiji     Muhammad-Mustapha Suleiman     Saad Belgore     Isa Aremu     Overland     Abdulganiyu AbdulAzeez     AbdulHakeem Ajibola Akanbi     Bolaji Nagode     Muhammed Abdullahi     Al-Ilory     Ilorin Durbar     Simeon Ajibola     Senate Presidency     Dan Iya Of Ilorin     Isin     Dar-Al-Handasah Consultants     Arik     Lai Mohammed     Rotimi Oyedepo     Ogbondoroko     Saba Mamman Daniel     IFK     Abatemi-Usman     Saka Abimbola Isau     Harmony Holdings     Laboratory-to-Product     Wasiu Odewale     AbdulRaheem Ahmad Shayi     Ijakadi     Government Girls’ Day Secondary School Pakata     Kola Olota     Raheem Adaramaja