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.

Ojuekun     Islamiya Abdulraheem     Abdulwaheed Musa     Owo Isowo     Muazam Nayaya     Yusuf Amuda Gobir     Abubakar Baba     Eleyele     Isiaka Abdulrazak     Budo-Egba     Aliyu Kora Sabi     Ubandawaki     Adamu B. Yaqubu     Yakubu Shaaba     Amoyo     Yusuf Aiyedun     Ilorin Airport     Lanre Olosunde     Makama Of Kaiama     Oko     Garba Ayodele Wahab     Sobi Hill     Unicontinental Construction Company     Salihu Ajia     Ahmad Belgore     Olupako     Hameed Oladipupo Ali     Kwara South     Dogara     Moses Rahman Popoola     Kwabes     Ado Bayero     Vasolar-Kwara Company Ltd     Kwara Consultative Forum     Tafida Of Ilorin     Obuh     Fatai Garuba Labaka     Sardauna Of Ilorin     Solomon Edoja     Muslim Cementary     Rafiu Ibrahim     Post-utme     Abdulrahman Iliasu     Shagari     Zulu Gambari     Abdulkadir Orire     Mohammed Katsina Ahmed     Kisira     Adesina Simon Sodiya     Sam Onile     Omoniyi M. Ayinla     Ishaq Salman     Ilorin Emirate     Muhammad Akande Olarewaju Odunade     Kwara Volleyball Association     Owode Market     Borgu     Muritala Awodun     Bello Bature     Aso-ofi     Kayode Zubair     Ilorin Innovation Hub     Adamu Jemilat-Baki     Hydro-electric Power Producing Areas Development Commission     Kwara United     Ilorin Central Mosque     Akeem Olatunji     Ita-Ore     PAACO-PCL Consortium     Elections     Yomi Adeboye     Afolabi-Oshatimehin Adenike Harriet     Mahmud Durosinlohun Atiku     Oju Ekun Sarumi     Idi-Ape     Adeniyi Ojo     Goodluck Jonathan    

Cloud Tag: What's trending

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

Alliance For Democracy     SAPZ Project     Ilorin South     Toyin Abdullahi     Babatunde Ajeigbe     Paul Olawoore     Taofeek Ibraheem     Afetu Of Alabe     Police Commissioner     Leke Ogungbe     Raymond Olaitan     Umar Gunu     Isiaka Danmeromu     Dunmade     Adesina Simon Sodiya     KWACOBPA     Arinola Lawal     Okin Biscuits     Lanre Issa-Onilu     KWIRS     Ishola Moses Abiodun     Saidu Kawu     Idowu Laro     Amos Sayo     Ibrahim Mohammed     Segun Olawoyin     Albert Ogunsola     Kehinde Boyede     Ibrahim Sulu Gambari     Illyasu Abdullahi     Ethical College     Abdulfatah Ahmed     M.Y. Abdulrahaman     Alumni Association Of The Federal Polytechnic Offa     Congress For National Consensus     Tunji Oyawoye     Ridhwanullah Al-Ilory     Asiwaju Bola Tinubu     Iqra Books     Oyin-Zubair     Sardauna Of Ilorin     KWSIEC     Jebba     Oke-Ero     Saba Jibril     Adamu Jemilat-Baki     Osi     Kwara TV     Sidikat Uthman Ajibola     Rachael Obisesan     Abdulrahman Abdulrasak     Yoonus Lawal     Yusuf Ali     Igbomina     SWAN     Oke-Ode     David Adesina     Universal Basic Education Commission     Dauda Adeniran Adeshola     Cornelius Adebayo     Yusuf Babatunde Abdulwahab     Harafat E. Mukadam     Osinbajo     Kwara State Internal Revenue Service     IsDB     Muslim Cementary     Baba Idris     Paul Odama     Seun Bolaji     Abubakar Atiku     Abioye Bello     Oba Abu     Offa     Funmilayo Zubair     Ibrahim Taiwo     Kale Bayero     Yakubu Danladi