The Federal Government has launched the Creative Economy Development Fund 2025 (CEDF) for young Nigerians.
The Federal Ministry of Arts, Culture, Tourism, and Creative Economy (FMACTCE), has opened applications for the Creative Economy Development Fund (CEDF).
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The Federal Government Creative Economy Development Fund (CEDF) offers large-ticket investments of $100,000 for creative businesses to scale production and access new markets.
In this post, the full details of the eligibility, benefits, timeline, and application procedure will be provided.
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Federal Government Creative Economy Development Fund (CEDF) Abstract
Federal Government Creative Economy Development Fund (CEDF) Details
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 2025 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.
The Creative Economy Development Fund represents a significant national investment in the creative sector, recognizing its potential as a driver of economic growth and cultural diplomacy.
Benefits of Federal Government Creative Economy Development Fund (CEDF)
The key objectives of the Federal Government Creative Economy Development Fund (CEDF) includes;
- 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.
- Opening up of new financing avenues for creative entrepreneurs and organizations..
- Empowering creative businesses for the creation of new jobs and livelihoods,
especially for youths. - Establishing a transformative model for securitizing and collateralizing intellectual property.
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Eligible Business for CEDF 2025
The CEDF 2025 is open to individuals, businesses, and institutions across the creative and cultural economy, including:
- Writers and publishers
- Artists and fashion designers
- Filmmakers and directors
- Gaming studios
- Cultural tourism providers
- Training institutions
- Media agencies
- Digital platforms
- Legal and logistics service providers
How To Apply for Federal Government Creative Economy Development Fund (CEDF)
To apply for the Federal Government Creative Economy Development Fund (CEDF) 2025, follow the instructions we have outlined below;
- Read the information we have provided on this webpage and ensure your eligibility
- Click the button below to proceed to the CEDF webpage.
- Begin your application by clicking on the button below.
Deadline: May 30th, 2025
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