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.

Raji Ayodele Kamaldeen     Usman Rifun     LAK Jimoh     Usman Yunusa     Amasa     Pakata     Abdulrasaq Alaro     Olatunde Jare     Igbomina     Peter Obi     Abdulrasheed Na\'Allah     Allocation     Osi     Charcoal     Kwara Teaching Service Commission     Eleja     Odolaye Aremu     Oke-Kura     Ilorin Emirate Stakeholders Forum     Idris Amosa Oladipo Saidu     Gaa Olobi     Shaykh Luqman Jimoh     Galadima     Isiaka Saka Opobiyi     Ibrahim Sulu Gambari     March 18     Ilorin General Hospital     Photo News     Tanke     TVC Female National Debate     Binta Abubakar Mora     COEASU     Kayode Issa     Kwara South     Buari Edun     Salake     Yeketi     Sulyman Atolagbe Alege     CACOVID Palliatives     Alimi     Toun Okewale-Sonaiya     Alaaya     John Dara     Bank Of Industry     Muhammad Mustapha Suleiman     Arca Santa     Mashood Abdulrafiu Agboola     Alikinla     Saliu Tunde Bello     Sebastine Obasi     Nigerian Medical Association     Ope Saraki     Florence Saraki     Garment Factory     Sarah Alade     Binta Sulyman     Sabi     Kwara     LABTOP     Bayer Nigeria Limited     Sherif Sagaya     Modupe Oluwole     Mazars Consulting     Oloriegbe     AbdulKareem Yusuf Danhawa     Kazeem Adekanye     Adeniyi Ojo     Abdul Jimoh Mohammed     KWATMA     Kassim Babamale     Oasis Muslim Care Foundation     Share/Tsaragi     Ayobami Seriki     Mamatu Abdullahi     Abdullahi Biffo     Kwara State Infrastructure Development Fund     Ahmad Ali    

Cloud Tag: What's trending

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

Taofeek Ibraheem     AbdulRaheem Ahmad Shayi     Geri-Alimi Split Diamond Interchange     Mansur Alfanla     Wahab Kunle Shittu     Adewuyi Funmilayo     Communication Network Support Services     Jawondo     Tescom.kwarastate.gov.ng     College Of Education     Kwara South     Wasiu Onidugbe     Diagnostic Centre     Suleiman Abubakar     Bayer AG     Monthly Sanitation Exercise     Ijagbo Health Centre     Mashood Dauda     Mohammed Alabi Lawal     Abdul-Rasheed Na\'Allah     Akanbi-Oke     Ogidi-Oloje     Offa     Aishat Mohammed Lawal     Government High School Adeta     Elerinjare-Ibobo     Nigeria Governors\' Forum     Ophthalmological Society Of Nigeria     Shehu Alimi Foundation For Peace And Development     Oba Mogaji Abdulkadir     Ayekale     Dele Momodu     Post Utme     Alagbado     Oke-Odo     Mohammed Lawal     Olohungbebe     Baboko     COVID-19 Palliatives     Olupako Of Share     Umar Bayo Abdulwahab     Tunde Mukaila Mustapha     Ijagbo     Apaokagi     Aisha Ahman-Pategi     Yunus Oniboki     Sa\'ad Alanamu     Kwara State Fish Farmers Association     Eghe Igbinehi     Shettima     Ibrahim Taiwo     Saadatu Modibbo-Kawu     Share-Tsaragi     Abdulraufu Mustapha     Ishaq Abdulkarim     Abdulhakeem Adelaja Amao     Hajj     Tunde Akanbi     Taofeeq Olateju     Amuda Bembe     Aso-ofi     Gambari     Niguel Gallando Marcias     Jeunkunu-Malete-Bani     Lasiele Alabi Yahaya     Adegoke Bamidele     Ola Falade     Deji Ajani     Abdulrasaq Alaro     Jimoh Akani     Bursary     Abdulrazaq Solihudeen     State Bureau Of Internal Revenue     Bisi Oyeleke     Aminat Omodara     Muhammed Abdullahi     Suleiman Alege Kuranga