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.

Tunde Saad     Abdulkadir Jimoh     AbdulRasaq Abdulmajeed Alaro     IFK     Tunji Arosanyin     Yoonus Kola Olatinwo     Babatunde Ajeigbe     Valsolar     Ibikunle Ogunleye     Ben Duntoye     Abubakar Abdullahi Bata     Buhari     Ibrahim Abdullahi     Memunat Monsuma     Oko Erin     Ogbondoroko     Simon Sayomi     Communication Network Support Services     Chief Imam Of Ilorin     Post Utme     Yakubu Gobir     Metro Park     Florence Saraki     Aso Ofi     Www.Kwarareports.com     Reuben Paraje     Sheriff Shagaya     Abdulfatah Ahmed     David Adesina     Razaq Atunwa     Elections     Tunde Oyawoye     YAKOOYO     Abubakar Usman Jos     Jawondo     Idris Garba     Sulyman Buhari     Abdulganiy Abimbola Abdussalam     Abdulrauf Yusuf     Gbenga Olawepo     Ibrahim Oniye     Gambari     Shaykh Luqman Jimoh     Biliaminu Aliu     Islamiya Abdulraheem     Idris Amosa Saidu     Fatai Olodo     Radio SBS     Junior Secondary School Certificate Examinations     Sheikh Ariyibi     Moses Rahman Popoola     Olaiya Victor Mobolaji     Monthly Sanitation Exercise     Saadatu Modibbo-Kawu     Okanlawon Musa     Yusuf Olaolu Ali     Muhammad-Mustapha Suleiman     Freshvine Nigeria Limited     Olufolake Abdulrazaq     Photo News     Ilorin East/South Federal Constituency     Adamu Attah     Muhammad Akande Olarewaju Odunade     Christopher Odetunde     Vasolar-Kwara Company Ltd     IYA YUSUF     UNILORIN Alumni     Umar Danladi Shero     KWAFFA     General Hospital, Offa     Kwara Coalition Of Business And Professional Associations     Hamidu Olowo     Quareeb     Gabriel Fashanu     Hikmah AbdulKareem     Hajj     Isiaq Khadeejah    

Cloud Tag: What's trending

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

Justina Oha     Alapansapa     Kwara-SAPZ Project     Sa\'ad Alanamu     Magaji Are     Ilorin Central Mosque     Markaz Arabic And Islamic Training Institute, Agege     Ayodele Kuburat Olaosebikan     Abdulrazaq Aiyelabegan     Abubakar Ndakene     Kwasu     Bello Abubakar     Shuaib Abdulkadir     Habeeb Saidu     Sam Okaula     Adijat Adebiyi     Ilorin West/Asa Federal Constituency     Segun Ogunsola     Akande Idowu Ayoola Muhammed     Towobola Abdulrahman Toyin     Saka Abimbola Isau     Abubakar Aliagan     Dorcas Afeniforo     Talaka Parapo     Senate President     Okanlawon Musa     Eghe Igbinehi     Al-Adaby     Eleja     Ilorin Emirate Staff Association     Musa Abdullahi     Bola Iyabo Ibiyeye Adisa     Popo-Igbonna     Maigidasanma     Shade Omoniyi     Bashir Badawi     Iqra Books     Abdullahi AbdulMajeed     Tsaragi/Share     Prince Bola Ajibola     Gafaru Olayiwola Olorisade     Muslim Stakeholders Of Kwara State     Durbar Festival     Ahmad Olayiwola Kamaldeen     Nigeria Foundation For Artificial Intelligence     Pilgrims Board     Sidikat Akaje     Aremu Odolaye     Bello Oyedepo     Olohungbebe     Cassava Growers\' Association     Olatunde Oyeyiola     Jawondo     Busari Toyin Isiaka     Ilorin Water Reticulation     Abegunde Goke     Muhammed Taofeeq Abdulrazaq     General Hospital     Muyiwa Oladipo Kanu     Akorede     Joseph Daudu     Abdullahi Saadudeen Alikinla     Sheu Ndanusa Usman     Fatimat Saliu     Kayode Alabi     Monkey Pox     Rafiu Ibrahim     Magaji Erubu     Maigida Soludero Transit     Abdul-Rahoof Bello     Rashidi Yekini     Ganmo Electricity Sub-Station     Ilorin South     Oladipo Akanmu Tolani     Umar Adelodun     Nnazua     Saliu Tunde Bello