Grow your business with grants, Edo tells MSMEs

Edo State Government has urged small businesses in the state to take advantage of grants under the Edo-Cares programme to grow their businesses and contribute to the state’s economic development.

A statement on Sunday made available by the media aide to the state governor, Crusoe Osagie, quoted the Managing Director of Edo State Skills Development Agency, EdoJobs, Mrs. Ukinebo Dare, as saying this at the unveiling of the grants.

She explained that the Edo-Cares programme, which was domesticated State from the Federal Government and the World Bank partnership on COVID-19 Action Recovery Economic Stimulus (NG-CARES), would provide succour for Micro and Small Enterprises (MSEs) impacted by the pandemic in the country.

She also explained that the Edo-Cares grant, an emergency state-level intervention programme, was designed to support micro and small enterprises in Edo State affected by the economic crisis caused by the COVID-19 pandemic.

Dare said entrepreneurs in the state could now access business support grants in the form of credit grants, operational grants and IT enhancement grants, to expand and scale up their businesses and thereby improve the economic capacity of the state.

She urged business owners to take advantage of the opportunity, noting that the Edo-CARES grant offers businesses the opportunity to build their businesses, pay off business debts, enhance their working environment and scale up the employment rate in the state.