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.

Kupchi Hosea Maxwell     Haruna Olawale Sulaiman     Doyin Group     Yomi Ogunsola     Balogun-Ojomu     Ileloke     Shuaibu Yaman Abdullahi     Democracy Day     Lanre Badmas     Kwara State Government     Olomu Of Omu-Aran     Iliasu     Agbarigidoma     Amule     Tayo Alao     Arandun     Jaiz Bank     Saliu Tunde Bello     Curfew     Inside Kwara     David Oyerinola Adedunmoye     MAI Akande     Popo-Igbonna     Charles Ibitoye     Umar Bayo Abdulwahab     CCB     UTME     Is\'haq Modibbo Kawu     Wahab Kunle Shittu     Muhammed Taofeeq Abdulrazaq     Zubair Folorunsho Erubu     Kwara United     Prince Sunday Fagbemi     Jaigbade Alao     ITP     Freshvine Nigeria Limited     Roseline Oni Aremu     Abubakar Bature Sulu-Gambari     Abdullateef Abdussalam     IFK     Maimunat Oloriegbe     Musa Yeketi     Aisha Gobir     Ahman Pategi     Ibrahim Issa Jetti     2023 Elections     Olabimpe Olani     Biliaminu Aliu     Public Holiday     Aasiyat Bello Oyedepo     Revenue Court     Ayegbeni     John Olobayo     Oko-Erin     Amasa     Kehinde Baale     Special Agro-industrial Processing Zone     National Party Of Nigeria     Saidu Kawu     Shehu Alimi Foundation     Aso-ofi     Kayode Oyin-Zubair     Taofik Mustapha     Sai Kayi     Awwal Jawondo     Kanu Agabi     Ilesha-Baruba     Mahmud Durosinlohun Atiku     Issa Manzuma     Gbugbu International Market     Ayodele Olaosebikan     Ibrahim Mashood     Solomon Edoja     Lafiagi     Oladipo Akanmu Tolani     Iyabo Dupe Adekeye     Kwara Volleyball Association    

Cloud Tag: What's trending

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

Maigida     Assayomo     Special Agro-industrial Processing Zone     Ilorin Descendants Progressive Union     Amada Jidda     Kwara State Coalition Of Business And Professional Associations     Facebook     Lanre Aremu     AbdulGaniyu Kareem     Association Of Kwara State Online Media Practitioners     Prince Mahe Abdulkadir     Abdullahi G. Mohammad     Agbarere     Abdulmajeed Wahab     IHS Towers     Oko Erin     Bolaji Nagode     Kwara Liberation Group     Jare Olatundun     Tsaragi     Hydro-electric Power Producing Areas Development Commission     James Kolo     Mohammed Lawal     Turaki Of Ilorin     Ilorin Emirate Staff Association     Eghe Igbinehi     Isiaka Oniwa     Christopher Tunji Ayeni     Olaosebikan     HICA     Rotimi Oyedepo     Emir Of Shonga     Yusuf Lanre Badmus     TIC     Ibrahim Abikan     Otuka     Oju Ekun Sarumi     Mubarak Oladosu     Kaosarah Adeyi     AbdulRazaq Abubakar Jiddah     Communication Network Support Services     Ahmed Saidu Rufai     Trader Moni     Madawaki Of Ilorin     Yoonus Lawal     Ethical College     National Union Of Road Transport Workers     Okin Malt     Atiku     Abubakar Ndakene     Kwara State Fish Farmers Association     Bayo Ojo     Elelu     JAMB     Imam Gambari     Saudat Abdulbaqi     Kassim Babamale     ER-KANG Mining Nigeria Company Limited     MalHub     Kwara Metro Park     Valsolar Consortium     Olatunde Olukoya     Michael Nzekwe     Olatunji Ibrahim     T And K FOODS     Tuesday Assayomo     Alanamu     Wasiu Onidugbe     Hajj     Raimi Iyanda     Principal Private Secretary     Otunba Taiwo Joseph     Abdullateef Abdussalam     Bankole Omisore     Segun Adeniyi     Tsaragi/Share     Saliu Oluwole