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.

Folaranmi Aro     Idris Amosa Saidu     Kupchi Hosea Maxwell     Monsurat Omotosho     Ridhwanullah Al-Ilory     Abdullahi Biffo     Hamidat Sulyman-Yusuf     Ramadhan     Special Adviser On Digital Innovation     Olateju Lukman     Kwara Primary Health Care Development Agency     Jelili Yusuf     Tinubu Legacy Forum     Madawaki Of Ilorin     Abubakar Bature Sulu-Gambari     Ahmed Shuaib Buranga     Bukola Saraki     Aisha Buhari     Kola Olota     Gbemisola Oguntimehin     Ayodele Shittu     Fatima Abolore Jimoh     Sulu Babaita Isiaka     Kwara South     Tafida Of Kaiama     Jawondo     Abdulrasheed Na\'Allah     Mohammed Halidu     Abubakar Olusola Saraki     Idowu Laro     Abubakar Kawu Baraje     David Adesina     Chief Of Staff     Raheem Adaramaja     Baba Isale     Danhawa     Aisha Ahman Pategi     GGDSS Pakata     Afolasade Opeyemi Kemi     Mahe Abdulkadir     National Democratic Congress     Allocation     Ola Falade     April 11     Sulyman Atolagbe Alege     Alaro     Turaki Of Ilorin     Abdullah Janet Amudat     Adeniyi Ojo     Ganmo     Kwara North     Jimoh Akani     Atunwa     Omupo     Igbaja     Muhammed Danjuma     Abiodun Abdulkareem     Village Alive Development Association     Mohammed Jimoh Faworaja     Shero     Ndakene     Samari     Issa Memunat Moyosore     Omotoso Musa     Abubakar B.M     Tunde Yusuf     Kwara TV     AbdulHamid Adi     Eleja     Democracy Day     Tunde Idiagbon Road     Salman Suleiman     SWAN     Isiaka Gold     Abdulrazaq Aiyelabegan     Emir Of Kano     Ibrahim Akaje    

Cloud Tag: What's trending

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

Moshood Bakare     Bolakale Saka     Bisi Oyeleke     Abdulraheem Yusuf     Gambari     Association Of Kwara State Online Media Practitioners     Ella Supreme Tissue Paper     Kwara State Internal Revenue Service     Bashir Adigun     Oko Erin     Bello Abubakar     Women For Change And Development Initiative     Lateef Alagbonsi     National Party Of Nigeria     Minimum Wage     Tanke Road     Shehu Alimi Foundation For Peace And Development     Folajimi Aleshinloye     Adewuyi Funmilayo     Abdullahi AbdulMajeed     Sulyman Buhari     Waziri Yakubu Gobir     Computer Based Test     Kamoru Kadiri     Toyin Falola     Ghali Alaaya     Risikat Lawal     Adedeji Onimago     SARS     Abdulrazaq Aiyelabegan     Cornelius Fawenu     Shuaib Jawondo     Suraj Tunji Oyewale     Radio SBS     Sai Kayi     Mahee Abdulkadir     Rebecca Olanrewaju     Ilorin East/South Federal Constituency     College Of Education     Olatunde Olukoya     Umar Yakubu Jaja     Geri-Alimi Split Diamond Interchange     Kola Adesina     Gbenga Olawepo     Elerinjare     Kumbi Titilope     Joseph Daudu     Shehu Salau     Ronke Adeyemi     Ebola     Chief Imam Of Omu-Aran     Baboko Primary School     Quareeb Islamic Association     UNILORIN Alumni     07039448763     Oladimeji Thompson     Dele Belgore     Ibrahim Taiwo     Mohammed Kamaludeen     Eghe Igbinehin     Adesina Simon Sodiya     Olabode Towoju     Florence Saraki     Kwara State Health Insurance Agency     Lasiele Alabi Yahaya     Aisha Ahman-Pategi     Abdulfatah Ahmed     Musa Aibinu     Dauda Adeniran Adeshola     Toyosi Thomas     Ahmad Fatima Bisola     Muyideen Ajani Bello     Yahaya A Paniyaro     Issa Memunat Moyosore     Valsolar Consultoria     Zubair Folorunsho Erubu     Yusuf A. Usman