2025 Federal Government Creative Economy Development Fund – CEDF
The Federal Government 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.
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 key objectives of the 2025 Federal Government Creative Economy Development Fund 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.
Summary
- Type: Grants/Empowerment
- Sponsor: Federal Government of Nigeria
- Eligible Country: Nigeria
- Benefits: Access to $100,000 Funding, Job Creation & Opportunity, Business Mentorship
- Deadline: June 30, 2025
Who Can Apply for the 2025 Federal Government Creative Economy Development Fund
- 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
Benefits
- The Creative Economy Development Fund (CEDF) to empower creatives, entrepreneurs, and organizations within the cultural and creative industries.
- The CEDF as a strategic national investment designed to unlock the immense potential of Nigeria’s creative sector and elevate it as a catalyst for economic growth and cultural diplomacy.
Deadline: June 30, 2025
