Call for Application – Creative Economy Development Fund (CEDF) For Nigerian Creatives. The Federal Ministry of Art, Culture, Tourism and the Creative Economy has officially launched the Creative Economy Development Fund (CEDF) which provides affordable loans, equity investments, and grants to support Nigeria’s creative and cultural sectors.
Individuals and organizations across the creative value chain—including content creators, producers, enablers, service providers, marketers, and distributors can apply.
Deadline: April 28 – May 30, 2025
Creative Economy Development Fund (CEDF) KEY OBJECTIVES
Stimulating Growth in Creative and Cultural Industries
Providing the capital injection needed for businesses in sectors such as film, music, fashion, art, publishing, gaming, cultural tourism etc., to expand production and reach new markets.
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Increasing Access to Finance
Opening up new financing avenues for creative entrepreneurs and organizations, including those who previously lacked access to traditional bank loans or investors.
Supporting Job Creation and Economic Diversification
Empowering creative businesses to scale up will lead to the creation of new jobs and livelihoods,
especially for youth, while diversifying Nigeria’s economy beyond oil and other traditional sectors.
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Leveraging Intellectual Property (IP) as an Asset
Establishing a transformative model for securitizing and collateralizing intellectual property. Creative talents will be able to leverage their IP (such as film rights, musical works, or digital content) as viable assets to secure financing – a pioneering move to unlock the value of Nigeria’s rich creative content.
For more Information: Visit the website for Creative Economy Development Fund (CEDF)