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.

Bello John Olanrewaju     A.O. Belgore     Rashidi Yekini     Unicontinental Construction Company     Moses Adekanye     Ajase-Ipo     Raymond Olaitan     Turaki     March 18     Sidikat Alaya     Kwara State Council Of Chiefs     Quran     Ahmed \'Lateef     Muhammed Mahe Abdulkadir     Lanre Badmas     NIRSAL     Kpotum Mohammed Baba     National Information Technology Development Agency     Saka Balikis Kehinde     Kishira     Yoonus Lawal     Damilola Yusuf     Kwara Primary Health Care Development Agency     Jaigbade Alao     Share/Tsaragi     Standard Organization Of Nigeria     Raheem Adaramaja     Olaiya Lawal     Mohammed Yisa     Siddiq Adebayo Idowu Salawu     Oba Abdulkadir La\'aro     Abubakar Baba Sulaiman     Abubakar Ndakene     Okasanmi Ajayi     Olaoye B. Felix     Ijagbo Health Centre     Umar Sanda Yusuf     IHS     Hassan Saliu     AGM Professional Services     Olabode George Towoju     Federal Allocation     Maigidasanma     Afonja Descendants Union     Economic And Financial Crimes Commission     Gbenga Awoyale     Abdullahi AbdulMajeed     Ibikunle Ogunleye     Alfa Modibo Belgore     Abubakar Lah     Kwara University Of Education     Olaitan Adefila     Ilesha Gwanara Road     Oko-Olowo     Oasis Muslim Care Foundation     Kola Bukoye     Nupe     Kaiama     Bolakale Kawu Agaka     Bank Of Industry     Salihu Yahaya     Egbejila     Chief Imam Of Offa     Aminu Adisa Logun     Adam Abdullahi Al-Ilory     Hijab     EndSARS     Fatai Olodo     Kamoru Kadiri     Sheriff Olanrewaju     Joseph Alex Offorjama     Alabere     Flights To Ilorin     Gbemisola Oguntimehin     Madawaki Of Ilorin     Nigeria Customs Service     Kwara Muslim Pilgrims Welfare Board    

Cloud Tag: What's trending

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

Umar Ayinla Saro     Olayinka Olaogun     Abatemi Usman     AbdulRauf Keji     Gbemi Saraki     Peter Obi     Okin High School     Bankole Omishore     Ganmo Electricity Sub-Station     Owu Fall     Muslim Media Watch Group Of Nigeria     Olusegun Adeniyi     Abdulazeez Arowona     Akande Idowu Ayoola Muhammed     EFCC     SARS     Osuwa     Modupe Oluwole     Nnazua     Offa Grammer School     Doyin Group     Laolu Saraki     Doyin Awoyale     Ishola Abdullahi     Moses Rahman Popoola     Sodiya     Durosinlohun Atiku     ASUU     Muazam Nayaya     Fawenu     Mike Omotosho     Afusat Nike Ibrahim     CCT     Patigi Regatta     Solomon Edoja     Valsolar Consortium     Oke-Oyi     Share/Tsaragi     Baba Issa Awoye     Rex Olawoye     Ilorin Likeminds Foundation     Kwara 2015     Yusuf Abdulkadir     Split Diamond Interchange     Abdulrazaq Akorede     Aasiyat Bello Oyedepo     Forgo Battery Company Limited     Abdulmumini Sanni Jawondo     Abdulganiyu Oladosu     Unilorin     PAACO-PCL Consortium     Ilorin South     Saliu Mustapha     Olabode George Towoju     Sarakite     Tafida Of Kaiama     Manzuma     Crystal Corner Shops     Muhammad Yahya     Sarah Alade     Lanre Issa-Onilu     Kwara Volleyball Association     Abubakar Ndakene     Suraj Tunji Oyewale     Flights To Ilorin     2023 Elections     CACOVID     National Association Of Nigerian Students     Rebecca Bake     Barakat Community Secondary School     Talaka Parapo     Ibrahim Oniye     Kamaldeen Kehinde     Tosin Saraki     Donatus Ejidike     Rafiu Ajakaye     Omotosho