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.

Garba Idris Ajia     Salihu Jibril Garbi     Kola Ologbondiyan     KWSUED     Kwara State Government     Aso Ofi     Shuaib Olarongbe     Ibrahim Orire     Peter Amogbonjaye     Raliat AbdulRazaq     Asa     Sadiq Umar     Buhari     Kehinde Baale     Kwara Poly     Yaru     Olota Of Odo-Owa     Www.Kwarareports.com     Halimah Perogi     Senate Presidency     Najim Yaasin     Monthly Sanitation Exercise     Baaziki Sulaiman     Lanre Badmus     Muhammed Akanbi     Tunde Mukaila Mustapha     Agor     Rabiu Kwankwaso     2017 Budget     Saheed Alakoso     Curfew     Tuesday Assayomo     MalHub     Bilikisu Gambari     Kwara     Afolasade Opeyemi Kemi     Ope Saraki     KWIRS     Yusuf Abdulwahab     Ilorin Innovation Hub     IF-K     JUSUN     ENetSuD     Micheal Imoudu     Royal FM     Abubakar Lah     HAMFAT Clinic And Maternity     Tanke     Usman Alkali Baba     Ayobami Akanbi     Muslim Media Watch Group Of Nigeria     Kwara TV     Kulende-UITH     Mahmud Babatunde Baker     Olosi Of Osi     Isaac Gbenle     Bukola Ajikobi     Sulyman Age AbdulKareem     University Road     Elerin Of Erin-Ile     Sarah Alade     Noah Yusuf     Yusuf Lawal     Quareeb     Katibi Ibraheem Adeola     Ahmed     Bola Olukoju     Twitter     Azeez Salawu     Abdulquowiyu Olododo     Moses Salami     Khadijat Ayoola Yusuf     Amoyo     Jide Ashonibare     Kupchi Hosea Maxwell     Sardauna Of Ilorin     NIPR    

Cloud Tag: What's trending

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

Dele Momodu     Mustapha Akanbi     Sidikat Uthman Ajibola     Summit University     Nigeria Governors\' Forum     Rihanat Ajia     Boko Haram     Ilorin Likeminds Foundation     Muslim Stakeholders Of Kwara State     Sambo Murtala     Pilgrims Board     Saliu Tunde Bello     AGF Abdulrazaq     Sulyman Atolagbe Alege     Olosi Of Osi     Lotus Bank     Tayo Awodiji     Olaiya Lawal     Jumoke F. Ajao     Sidikat Akaje     Owode Market     Oke-Ode     Ilorin     Baboko     Clara Nwachukwu     IEDPU     Jumoke Gafar     Busari Alabi Alausa     Saudat Abdulbaqi     Atunwa     Olaoye B. Felix     TESCOM 2025     Raimi Iyanda     Ben Duntoye     Sidikat Alaya     Okiki     Bursary     Fatimat Saliu     NSCIA     Ishaq Salman     Ibrahim Abiodun     Aminat Ahmed     Gbemisola Saraki     Ahmed Dankaya     Oke-Oyi     Al-Hikmah Radio     Kwabes     Amuda Bembe     Saliu Shola Taofeek     Galadima     Idris Garba     Nigerian Correctional Service     Firdaos Amasa     Hijab     Sulyman Buhari     Opobiyi     Oyedun Juliana Funke     Lawan     Balogun Fulani     Nurudeen Mohammed     Jalala     Share-Tsaragi     Isaac Aderemi Kolawole     Volunteers Of Ilorin Community And The Emirate     N-Power     Alapado     Ilorin Anchor Men And Women     IFK     SWAN     ITP     Atiku     Okanlawon Taiwo     Law School Scholarship     Abdulrasheed Akogun     Oyin-Zubair     Garuba Alikinla Shittu     Omoniyi