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.

Abegunde Goke     John Olajide Adedipe     Salmon Babatunde Salmon     Albert Ogunsola     Shururat Olatinwo     Tuesday Assayomo     Patigi Regatta     Tafidan Kaiama     Abdulrahman Onikijipa     Nigeria Computer Society     Earlyon Technologies     Ali Ahmad     Idris Amosa Oladipo Saidu     Oloyede     Wahab Isa     Hamid Bobboyi     Iyaloja-General     Abdullah Janet Amudat     V.O. Abioye     Abdulrasheed Akogun     Kwara State Health Insurance Agency     Air Peace     Yusuf Abubakar     Ilorin Muslim Community     Aliyu Sabi     Muftau Akanbi Oke     Elerin Of Erin-Ile     Rapheal Ashaolu     Afolasade Opeyemi Kemi     Kamaldeen Gambari     Obasanjo     Asiwaju Bola Tinubu     Prince Bola Ajibola     Iqra Books     Abdulrazaq Akorede     Baboko     Kwara State Internal Revenue Service     HYPPADEC     Jumoke Monsura Gafar     Chief Imam Of Omu-Aran     Suleiman Abubakar     Oyawoye     KWIRS     Dar-Al-Handasah Consultants Ltd     Kwara South     Adamu Attah     Lawyers Unite Against Corruption     Oke-Odo     Olupako     John Mayokun Dada     Agboola Abdulraheem     Saka Saadu     Oye Tinuoye     Lateef Ademola Olatunji     Kwara North     Surajudeen Akanbi     Jimoh Saadudeen Muhammed     IESA     Ibrahim Taiwo Road     Saka Adeyemo     Mumini Ishola Hanafi     Orire     Harafat E. Mukadam     Zainab Abass     Yeketi     Abdulmutalib Shittu     Lanre Issa Onilu     Tosho Yaqub     Ibrahim Mashood     Samuel Elizabeth Keatswa     Colleges Of Education Academic Staff Union     Mutawalle     Saka Keji     Dar-Al-Handasah Consultants     Geri-Alimi Split Diamond Interchange     Ilesha-Baruba-Gwanara     Afusat Nike Ibrahim    

Cloud Tag: What's trending

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

Olusola Saraki     Fatimoh Lawal     COVID     Tuesday Assayomo     Tanke Road     Ijakadi     Kehinde Boyede     Bisi Oyeleke     Sheikh Alimi     Tsaragi     Minimum Wage     Femi Gbajabiamila     Akande Idowu Ayoola Muhammed     Muyiwa Oladipo Kanu     Oloyede     Ajikobi     Christopher Ayeni     Post Utme     Yahaya Muhammad     Ilorin Emirate Stakeholders Forum     Rafiu Ajakaye     Kwabes     Kwara 2015     Ebun-Olu Adegboruwa     Ita-Ore     Kwara North     Abubakar Lah     Kawu     Ejidongari     Haruna Tambiri Mohammed     Moshood Bakare     Abdulrahman Iliasu     Ibrahim Abdulqadir Abikan     Government Girls’ Day Secondary School Pakata     Noah Yusuf     ER-KANG     Abdulkadir Bolakale Sakariyah     Oko Erin     Pategi     Abubakar Imam     Pilgrims Board     Afonja     Tunde Idiagbon Road     Suleiman Abubakar     Nigeria Computer Society     Damilola Yusuf     Elesie Of Esie     John Obuh     Orisa Bridge     Adanla-Irese     Budo-Egba     NITDA     Kola Adesina     Oro Grammar School Old Students Association     Ajike People Support Centre     Garuba Alikinla Shittu     Kwara State Coalition Of Business And Professional Associations     Mahmud Durosinlohun Atiku     Ilorin Water Reticulation     Shaykh Luqman Jimoh     Saudat Abdulbaqi     Kwara Poly     Ibrahim Issa Jetti     Alikinla     Bukola Ajikobi     Ohoro Of Shao     Abdulwahab Olarewaju Issa     Ibrahim Labaika     Soffiyyallah Kamaldeen     National Information Technology Development Agency     Apado     Col. Ibrahim Taiwo     Alao Ayotunde     Valsolar Consortium     David Adesina     Ridwan Agboola     Salihu S. Yaru