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.

Ayoade Akinnibosun     Opaleke Bukola Iyabo     Kwara Poly     Ishola Moses Abiodun     Jimba Babatunde     Obuh     Awili Pedro     Goodluck Jonathan     Curfew     Jimoh Akani     Kayode Bankole     Ajia-Bako     Iyaloja-General     Olushola Saraki     Yahaya Abdulkareem Babaita     Assayomo     Ola Falade     Abdulrahman Abdulrazaq     Abegunde Goke     N-Power     Adeleke Ogungbe     Gbugbu     First Lady     Esinrogunjo     Babatunde Idiagbon     National Association Of Nigerian Students     Okiki     Tafida Of Kaiama     Amasa     Zara Umar     Shuaib Jawondo     Rafiu Ibrahim     Mutawali Of Ilorin     Amusa Bello     Niyi Osundare     Lanwa     Moronfoye     Oba David Oyerinola Adedunmoye     Ayeyemi Sulaiman     Ohoro Of Shao     Iliasu     Kayode Alabi     Is\'haq Modibbo Kawu     Press Release     New Nigeria People’s Party     Kazeem Adekanye     Femtech     Ibrahim Abdulkadir Abikan     ARMTI     Kassim Babamale     YAKOOYO     Sulu Babaita Isiaka     KWACOBPA     Shururat Olatinwo     Erubu Oba Zubair     Azeez Bello     Kwara NIPR     Popo-Igbonna     Muazam Nayaya     Abdulganiyu Oladosu     Funmilayo Isiaka Oniwa     Federal Neuro-Psychiatric Hospital     Falokun-Oja     Sobi     Oniwasi Agbaye     Tunde Idiagbon Road     Basit Olatunji     Bola Ahmed Tinubu     Mansurat Amuda-Kannike     Yaru     Modupe Oluwole     Oluwatoyin Lukman     Muhammad Yahya     Ifelodun     Kwabes     Monsurat Omotosho     Oniyangi    

Cloud Tag: What's trending

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

Tafida Of Kaiama     Kayode Issa     Code Of Conduct     Suleiman Mora Omar     Kwara Teaching Service Commission     Ajike People Support Centre     AbdulRauf Keji     Ibrahim Bio     Oke-Oyi     Isapa     Adijat Adebiyi     Ileloke     Ayobami Akanbi     Adeniyi Ojo     High Court     Ilorin Curfew     Sadiq Umar     Bamidele Adegoke     Raymond Olaitan     Funmilayo Braithwaite     Amosa     Elerin Of Erin-Ile     Chartered Institute Of Personnel Management Of Nigeria     Frootify     Isaac Gbenle     Moro     Ayegbeni     Edret Sabi Abel     Mohammed Abduraheem     Abdulrasheed Akogun     GGDSS Pakata     Prince Bola Ajibola     Communication Network Support Services     Olabimpe Olani     Hamid Bobboyi     Umar Sanda Yusuf     Kayode Yusuf     Isiaq Khadeejah     Jawondo     Awili Pedro     Modibbo Kawu     Rebecca Olanrewaju     Soffiyyallah Kamaldeen     Saliu Tunde Bello     National Party Of Nigeria     Abdulganiyu Salahudeen     AbdulRasaq Abdulmajeed Alaro     KWTV     Adamu Attah     Ballah     Ilorin     Ahmed \'Lateef     Lasiele Alabi Yahaya     Rex Olawoye     Abiodun Abdulkareem     Geri-Alimi Split Diamond Interchange     Mohammed Tunde-Jimoh     Iyabo Adewuyi     Lafiagi     Shehu Adaramaja     Hamidu Olowo     Ilorin Talaka Parapo (ITP)     Oke-Ogun     Ebola     Umar Bayo Abdulwahab     Age AbdulKareem     Abdulraheem Yusuf     Park     Amuda Musbau     Adedeji Onimago     Olatomiwa Williams     Shade Omoniyi     Gbemi Saraki     Ethical College     Saka Abimbola Isau     Mumeen Lah     Shuaibu Yaman