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.

Fulani     Abdulmumini Sanni Jawondo     Kwara State Printing And Publishing Corporation     Ayobami Seriki     Amina El-Imam     Tayo Alao     BIR     Matthew Okedare     Azeez Salawu     AbdulKareem Yusuf Danhawa     Kola Bukoye     Prince Bola Ajibola     Aminat Ahmed     Vasolar-Kwara Company Ltd     Mohammed Jimoh Faworaja     John Olajide Adedipe     Sidikat Uthman Ajibola     Iliasu     Babata     QuickWin     Ilorin West/Asa Federal Constituency     Abdul Jimoh Mohammed     Isiaka Rafiu Mope     Ajibola Ademola Julius     Ahmed Shuaib Buranga     Donatus Ejidike     Akom Construction And Engineering Synergy Ltd     Ishak Mohammed Sabi     Guber Aspirant     Yusuf Badmus     Ope Saraki     United Nigeria Congress Party     Fareedah Dankaka     Ahmed     Freshvine Nigeria Limited     Lateef Fagbemi     Kazeem Adekanye     Owu Fall     Sheriff Olanrewaju     Samuel Adedoyin     Ilorin Descendants Progressive Union     Oko-Erin     Ilesha-Baruba-Gwanara     Asa     Kwara State Fire Service     Abiodun Musa Aibinu     Post-utme     Yahaya Abdulkareem Babaita     Kale Ayo     Mopelola Abdulmaliq-Bashir     Lawal Jimoh     Ajibola Saliu Ajia     Rotimi Samuel Olujide     NULGE     Yomi Adeboye     Adesoye College     Rihanat Ajia     AGM Professional Services     Jawondo     GRA     National Information Technology Development Agency     Kwara United     IHS     Afonja Descendants Union     Sarah Alade     Haleeman Salman     Bamidele Aluko     Aliyu Salihu     April 11     High Court     Harrison Osauwagboe     David Oyerinola Adedunmoye     Saka Saadu     Alao Ayotunde     Mamman Saba Jibril     Wahab Olasupo Egbewole     National Association Of Nigerian Students    

Cloud Tag: What's trending

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

Ibrahim Taiwo Road     Abubakar Abdulraheem     Bolaji Aladie     Zaratu Umar     KWSIEC     Ibrahim Abikan     Wasiu Odewale     AbdulRahman Saad     Nigerian Medical Association     Segun Olawoyin     Mohammed Jimoh Faworaja     Gbugbu     Bamidele Aluko     Sebastine Obasi     Kulende     David Oyerinola Adedunmoye     Jamiu Oyawoye     Quareeb Islamic Association     Nigeria Customs Service     GANZY     Magaji Erubu     Ayodele Shittu     Ghali Muhammed     Yusuf Lanre Badmas     Lasiele Alabi Yahaya     Lafiagi     Oro Grammar School Old Students Association     Olatomiwa Williams     Medinat Folorunsho Salman     Saheed Alakoso     Omupo     Kwara State Fish Farmers Association     Yusuf Abubakar     Abdulhakeem Adelaja Amao     Mope Dasuki Belgore     Coalition Of Kwara North Groups     Adedeji Onimago     Photo News     Simeon Sayomi     Makama     Salihu Ajibola Ajia     Ahmed Idris Mohammed     Fawenu     GAMA     Suleman Abubakar     Yomi Adeboye     John Obuh     AbdulRazaq Jiddah     Rapheal Ashaolu     Baakini     Senior Ibrahim Suleiman     Hassan Abdulazeez Elewu     Ramat Oganija     MINILS     Kpotum Mohammed Baba     Unilorin     Roseline Oni Aremu     Orire     Veterinary Teaching Hospital     Labaeka     Tunde Oyawoye     General Tunde Idiagbon International Airport Ilorin     Atiku     Olokoba     Women For Change And Development Initiative     Kehinde Baale     Makama Of Ilorin     Kwara Hotel     Government High School Adeta     Razak Atunwa     Ojo Fadumila     Gbemisola Oguntimehin     Bola Shagaya     Gbenga Olawepo     Hauwa Nuru     Mohammed Kamaludeen     Oyeyemi Olasumbo Florence