3,000 Kwara SMEs to Get Post-COVID-19 Relief Grants
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.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
SGBN Kazeem Adekanye Eruku Yakubu Gobir Abdulmalik Bashir Mopelola Risikatullahi Code Of Conduct Aliyu Muhammad Saifudeen Haleeman Salman Nigeria Customs Service Nigerian Army Kupchi Hosea Maxwell Abatemi-Usman Muhammad Fawaz Abubakar Oloje Hassan Taiye Salam Umar Bayo Abdulwahab Vasolar Government Girls’ Day Secondary School Pakata Farouk Salim Orisa Bridge Goodluck Jonathan Ilorin West/Asa Federal Constituency Babata Mohammed Yahaya Barki Olatunde Olukoya Abdulkadri Ahmad Alaiye Isiaka Oniwa Saba Mamman Daniel Tanke Flyover Bridge Saudat Abdulbaqi Leke Ogungbe Usman Yunusa Rebecca Bake Code Of Conduct Tribunal Lawan Sa\'ad Alanamu Mazars Consulting Ilesha-Baruba Femi Oladiji Pius Abioje Abdulwahab Oba Okin Group Galland Marcias Ilorin Central Mosque Ethical College Ibraheem Adeola Katibi Saliu Ajia National Party Of Nigeria Toyin Falola KWASIEC Ileloke Bibire Ajape Nigeria Governors\' Forum Gbadeyan Gbadura Yomi Abdullahi Dasilva Yussuf Bukola Saraki Awwal Jawondo Yusuf Babatunde Abdulwahab Shao Isiaka Gold Is\'haq Modibbo Kawu Wahab Femi Agbaje Omoniyi Democracy Day Bayo Mohammed Onimode Alaiye Tunde Kazeem NFAI Suraj Tunji Oyewale Dele Belgore Bashir Omolaja Bolarinwa Folashade Omoniyi Halimat Yusuf Iyiola Oyedepo Jide Oyinloye Aishat Mohammed Lawal Raheem Adaramaja

