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.

Bolakale Ayo     Chartered Institute Of Personnel Management Of Nigeria     Hassan A. Saliu     Kulende     Ibrahim Mashood     2017 Budget     Roheemat Hammed     Oluwole Dupe     Www.Kwarareports.com     Harmony Holdings     Ibrahim Abdullahi     Kunle Suleiman     Ilorin Like-Minds     Raymond Olaitan     Babatunde Ajeigbe     Sidikat Uthman Ajibola     Road Transport Employers Association Of Nigeria     NTA Ilorin     Maigida     Yahaya A Paniyaro     Funmilayo Braithwaite     Suleiman Yahya Alapansapa     Issa Memunat Moyosore     Rashidi Yekini     Yunus Lawal     Vasolar-Kwara Company Ltd     Wahab Agbaje     Nigerian Supreme Council For Islamic Affairs     Oya State     David Adesina     Hameed Oladipupo Ali     Umar Gunu     Yemi Sanni     Shettima     IEDPU     Sarakite     Emir Of Yashikira     Saadu Gbogbo Iwe     Onilorin     Chikanda     Tsaragi     Abdulmajeed Wahab     Salami Adekunle     Overland     Najim Yaasin     Bisi Oyeleke     Mohammed Abdulahi     Aliyu Salihu     Olofa Of Offa     Samuel Olusegun Adedayo     Moronfoye     Bibire Ajape     Rasheed Jimoh     Garba Ayodele Wahab     Yahaya Seriki Gambari     Lai Gobir     Adaramaja     Ubandoma Of Ilorin     Abegunde Goke     Olabode George Towoju     Salihu Ajia     Aremu Bose Deborah     Wasiu Odewale     Tescom.kwarastate.gov.ng     Yoonus Kola Olatinwo     Usman Alkali Baba     Abatemi-Usman     Gobir Organization Foundation     Hassan Oyeleke     Ayo Opadokun     Ajasse-Ipo     Mubarak Oladosu     Mutawalle     Ndama Al-hassan     Egbejila     Communication Network Support Services     Yekeen Alabi    

Cloud Tag: What's trending

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

Abdulrazaq Sanni     Kwara Primary Health Care Development Agency     Ilorin Water Reticulation     Hamza Usman     Oko-Olowo     Yahya Mohammed     Gwanara     Baaziki Sulaiman     Oloye     Simeon Ajibola     Chemiroy Nigeria Limited     AbdulGaniyu Kareem     Abdulquawiy Olododo     Onikijipa     Moji Makanjuola     Goodluck Jonathan     Khadijat Ayoola Yusuf     Gbadeyan Gbadura Yomi     Amina El-Imam     Dan-Kazeem     Air Peace     Mohammed Ibrahim     Mahmud Ayinla Giwa     Aro Yahaya     Funmilayo Zubair     Ahmad Belgore     Aliyu Kora Sabi     Mufutau Gbadamosi Esuwoye     Idris Garuba     Ramadhan     Okanlawon Taiwo     Ado Bayero     Towoju     KWTV     Road Transport Employers Association Of Nigeria     Saliu Ajibola Ajia     Tsaragi     Ahmed Ayinla Jimoh     Ahman Pategi     Muideen Olaniyi Alalade     Communication Network Support Services     Issa Baba     Ibrahim Abdulkadir Abikan     Ilesha-Baruba     Olajumoke Monsura Gafar     Col. Ibrahim Taiwo     Oloruntoyosi Thomas     Simeon Sayomi     KwaraLearn     KWAFFA     Share-Tsaragi     Usman Yunusa     C2c@kwarastate.gov.ng     Deji Ajani     Salman Alada     Abdulrahman Abdulrazak     Olatinwo     Halimah Perogi     Sola Saraki Educational Foundation     Tayo Awodiji     Lanre Jimoh     Ayobami Akanbi     Mohammed Abduraheem     Mustapha Olanipekun     Kwara Liberation Group     Government Girls’ Day Secondary School Pakata     Oladimeji Thompson     Isiaka Saka Opobiyi     Iyabo Adewuyi     Y.A. Abdulkareem     Shonga Farm Project     YAKOOYO     IHS Towers     Fareedah Dankaka     Kolawole Akande     Centre For Digital Economy     Kayode Oyin Zubair