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.

Transition Implementation Committee     NURTW     Bamidele Adegoke Oladimeji     Firdaos Amasa     Suleman Abubakar     Vasolar     Sabitiyu Grillo     Dapo Teni Nig Enterprise     Elese Of Igbaja     Olubukola Kifayat Adedeji     Malete     Ayoade Akinnibosun     Muhammed Danjuma     Baboko     Oyedun Juliana Funke     Innocent Okoye     Amusa Bello     General Tunde Idiagbon International Airport     Adamu B. Yaqubu     Yakub Ali-Agan     Kamoru Kadiri     Kale Kawu     Oba David Oyerinola Adedunmoye     Saad Belgore     Chief Imam Of Offa     Mary Arinde     Cornelius Adebayo     Jebba     Salake     Razaq Atunwa     Moshood Kashimawo Abiola     Dagbalodo     Facemasks     M.Y. Abdulrahaman     Mahmud Ajeigbe     Mutawalle     Simeon Sule Ajibola     Hakeem Idris     Muslim Stakeholders Of Kwara State     CELF     Ilesha-Baruba-Gwanara     Esinrogunjo     Aliyu Alhassan     20 Billion Bond     Salihu S. Yaru     Salihu Yahaya     Abdulrasaq Alaro     Tsaragi     Tunji Ajanaku     Abdullahi Biffo     Zaratu Umar     Aisha Abodunrin Ibrahim     Yahaya Oloriegbe     Ilorin Metro Park     Dasuki Belgore     Fulani     Alfa Belgore     Apado     Victor Gbenga Yusuf     Yinka Aluko     Shuaibu Yaman Abdullahi     Shola Odetundun     Jawondo     Isaac Gbenle     Salihu Ajibola Ajia     Moses Salami     UNIFEMGA     Radio Kwara     Alapado     Sarkin Malamai     Al-Hikmah University     Inside Kwara     AbdulKareem Yusuf Danhawa     Hamza Usman     Isiaka Oniwa     Kayode Alabi     Solomon Edoja    

Cloud Tag: What's trending

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

Binta Abubakar-Mora     Ope Saraki     Naira Redesign     Bolakale Kawu     Kolo     National Pilot     NYSC     Bureau Of Lands     Oko     Sa\'adu Salahu     Obuh     Aliyu Salihu     Ayobola Ipinlaiye     Allocation     Ilorin Talaka Parapo (ITP)     Barakat Community Secondary School     Markaz Arabic And Islamic Training Institute, Agege     Kwara State Football Association     Zara Umar     Oyin-Zubair     Ibraheem Adeola Katibi     Aremu Bose Deborah     Muhammad Akande Olarewaju Odunade     Bolaji Aladie     Monkey Pox     Sarah Alade     Abubakar Aliagan     Aminu Ado Bayero     Isa Aremu     Kwara Restoration Project     Gbenga Awoyale     Farouk Salim     Rachael Obisesan     Aisha Buhari     Otoge     Mohammed Ghali Alaaya     Col. Ibrahim Taiwo     Ayobami Akanbi     Aliyu Sabi     Bamidele Adegoke Oladimeji     Bolaji Abdullahi     Muhammad Mustapha Suleiman     Kupchi Hosea Maxwell     Just Law Forum     Samuel Adedoyin     Roseline Oni Aremu     Sherif Sagaya     Bola Olukoju     Ado Bayero     Valsolar     Baba Isale     Hakeem Idris     Osuwa     Saadatu Modibbo-Kawu     Abiodun Musa Aibinu     FERMA     Olusin Of Ijara Isin     Akeem Lawal     Ilorin Likeminds Foundation     College Of Arabic And Islamic Legal Studies     Kehinde Boyede     KWASAA     Illyasu Abdullahi     Inside Kwara     Modibbo Kawu     Sabi     Salaudeen Oyewale     Ajakaye     Mamatu Abdullahi     Rasaq Jimoh     Ayedun     Oko-Erin     Ike Ekweremadu     FOMWAN     IEDPU     Olukotun Of Ikotun     Lanwa