FG Creative Economy Development Fund CEDF Grant/Loan Application Portal 2025
There is an ongoing FG Creative Economy Development Fund (CEDF) loan/grant ongoing for all interested and qualified persons to apply or register using the guidelines below. CEDF is giving out almost $1,000 to all Nigerian citizens. Kindly read through to apply successfully.
FG Creative Economy Development Fund CEDF Grant/Loan Application Portal 2025
The Federal Government through the Ministry of Art and Culture has opened application portal for the Phase 1 of the Creative Economy Development Fund (CEDF).
This landmark fund offers tailored financial support including affordable loans (debt), equity investments, and grants to empower Nigeria’s creative and cultural industries.
The Federal Ministry of Arts, Culture, Tourism, and Creative Economy (FMACTCE) is pleased to announce the rollout of the Creative Economy Development Fund (CEDF), a landmark initiative approved by the Federal Executive Council (FEC).
The CEDF is designed to catalyze growth, innovation, and sustainable financing for Nigeria’s creative and cultural industries, in line with the government’s commitment to creating jobs, stimulating economic diversification, and boosting Nigeria’s global cultural footprint.
This Fund represents a significant national investment in the creative sector, recognizing its potential as a driver of economic growth and cultural diplomacy.
Benefits of Creative Economy Development Fund (CEDF)
- 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.
- 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.
- 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.
The CEDF is open to all parts of the creative economy value chain, from content creators and producers, to enablers, service providers, marketers, and distributors.
How to Apply/Register for Creative Economy Development Fund (CEDF)
If your project contributes to Nigeria’s creative or cultural ecosystem, it falls within the scope of this call, apply via https://cedfnigeria.com
