NIGERIA COVID-19 ACTION RECOVERY AND ECONOMIC STIMULUS (NG-CARES) RESULT AREA 3 (DLI 3.2) MSMEs, OYO STATE.

OYO NG-CARES WORLD BANK PROGRAM.

The Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) is a World Bank program aimed at stimulating various sectors of the economy whose growth were negatively impacted by the COVID-19 pandemic which will support the recovery of MSMEs.

The OYO-CARES RESULT AREA 3 will therefore commence the data collection exercise which will enable the delivery platform to implement the following disbursement linked indicators:

  1. DLI 3.1 Matching grants to support new loans originated after 16th June, 2020 from Microfinance banks.
  2. DLI 3.2 Operational grant support to SMEs businesses, micro business size of 3-9 employees and small business size of 10-50 employees.

In view of the above, we wish to inform you that each and every interested SMEs beneficiary should strictly be in compliance with the Programme Implementation Manual (PIM) and the World Bank Eligibility Criteria. Operational Grant Support Eligibility Criteria Guidelines

Kindly follow the link below to complete the online application form to enable you access the Grant support.

https://forms.gle/MnHdBYSNF8c5EW2H6

Thank you.

Please note that the form will be available from 12am, 23rd February to 11:59am, 22nd March, 2022.

Signed.

Management.

OYO-CARES Result Area 3 MSMEs.

 

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