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.

Ilorin Like-Minds     Ibrahim Gambari     Minimum Wage     Muritala Olarewaju     Kayode Oyin-Zubair     Ilorin East/South Federal Constituency     Ahmed \'Lateef     Dasuki Belgore     Kwara Volleyball Association     Akeem Olatunji     Aliyu Muyideen     Issa Manzuma     Eleja     BECE     Abdulazeez Uthman     Sola Saraki University     Olupako     Elections     Oba Mogaji Abdulkadir     Albert Ogunsola     Ilorin East     Magaji Are     Tafida     Abdulrahman Abdullahi Kayode     Olanrewju Okanlawon Musa     Yoruba     Balogun Fulani     Neuropsychiatric Hospital     Abdulraufu Mustapha     Olatunji Moronfoye     Muhammed Abdullahi     Awoye     Post Utme     Ilorin Innovation Hub     Aremu Odolaye     Ayoade Akinnibosun     Kaosarah Adeyi     Kwara-SAPZ Project     Kwara State Television     Kamoru Kadiri     CCT     Yaman     Ganmo Power Sub-Station     Moshood Bakare     Vasolar-Kwara Company Ltd     Al-Hikmah University     Bashir Adigun     Bola Olukoju     Abdulhakeem Adelaja Amao     Abdullateef Abdussalam     Hydro-electric Power Producing Areas Development Commission     Gbemisola Oguntimehin     Abdulganiyu Salahudeen     Ibrahim Abiodun     Babaloja-General     Hamidu Olowo     Oloruntoyosi Thomas     Federal Road Maintenance Agency     Abdulwahab Oba     Jumoke Monsura Gafar     Dumagi     Joseph Bamigboye     Abdulwahab Ololele     Ajidagba     Quareeb     Kuliyan Geri     Inside Kwara     Abdulrauf Yusuf     Lafiagi     20 Billion Bond     Mazars Consulting     Ilorin Durbar     Government High School Adeta     Saad Omo Iya     Onilorin     Orisa Bridge     Awodun    

Cloud Tag: What's trending

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

Muhammad Sirajo Aliyu     Zubair Folorunsho Erubu     Hydro-electric Power Producing Areas Development Commission     Belgore     Aisha Abodunrin Ibrahim     Manzuma     Sarah Alade     Yusuf Amuda Abubakar     Umar Saro     April 11     Jimoh Olusola Imam     Shuaib Olarongbe     Taofeek Ibraheem     Shaaba Lafiagi     Ella Supreme Tissue Paper     Sadiq Buhari     Students Union Government     Universal Basic Education Commission     Igbaja     Admiralty Villa     Clement Yomi Adeboye     Bamidele Adegoke     Saliu Mustapha     Col. Ibrahim Taiwo     Kawu Baraje     Bibire Ajape     KWASIEC     Shola Odetundun     Amos Justus Sayo     Saidu Kawu     Kayode Ishola     Olatunji Bamgbola     Funmilayo Oniwa     Ilorin Muslim Community     Hassan Oyeleke     KWASEIC     Hydroelectric Power Producing Areas Development Commission     Kabir Shagaya     Oba David Oyerinola Adedunmoye     Kishira     YAKOOYO     V.O. Abioye     Bursary     20 Billion Bond     Presidential Election     SWAN     Onikijipa     Rotimi Oyedepo     General Hospital     Busari Toyin Isiaka     Bolakale Ayo     Reuben Paraje     Abdul-Rasheed Na\'Allah     Saba Mamman Daniel     Baboko     Lawal Arinola Kudirat     Ayobami Seriki     Abiodun Abdulkareem     Abdullahi G. Mohammad     Kwara State Coalition Of Business And Professional Associations     Ayinde Oyepitan     David Adesina     Maryam Nurudeen     Mike Omotosho     Tafida     Government High School Adeta     Rotimi Samuel Olujide     Aliyu Kora Sabi     Olusegun Adeniyi     Adamu Attah     Saka Aleshinloye     Magaji Erubu     Ilorin Likeminds Foundation     Prince Mahe Abdulkadir     Sabi     Centre For Digital Economy     Just Law Forum