Category: Training
Host: Federal Government of Nigeria
Eligible Country: Nigeria
Reward: $100,000 Funding | Business Mentorship | Job Creation
Deadline: May 30, 2025
The Federal Government of Nigeria has officially launched the 2025 edition of the Creative Economy Development Fund (CEDF), a bold initiative aimed at accelerating the growth of the country’s creative and cultural industries.
The Federal Ministry of Arts, Culture, Tourism, and Creative Economy (FMACTCE) unveiled the CEDF following its approval by the Federal Executive Council (FEC). This initiative offers large-ticket investments of up to $100,000 to help creative entrepreneurs and businesses expand production, access new markets, and create job opportunities.
What is the Creative Economy Development Fund (CEDF)?
CEDF 2025 is a strategic investment designed to stimulate Nigeria’s creative sector and boost its global presence. It seeks to empower creatives, support sustainable business models, and promote cultural diplomacy while driving economic diversification.
Who Can Apply?
The fund is open to individuals, businesses, and institutions operating in Nigeria’s creative and cultural industries, including:
Writers and publishers
Artists and fashion designers
Filmmakers and directors
Gaming studios
Cultural tourism providers
Media agencies
Digital platforms
Legal/logistics service providers
Creative training institutions
Key Objectives of CEDF 2025
Stimulate growth and innovation in the creative industries
Provide vital funding for businesses in sectors like film, music, fashion, art, gaming, publishing, and tourism
Open up financing opportunities for creative entrepreneurs
Enable job creation, especially for Nigerian youths
Establish frameworks for intellectual property as collateral
Benefits of the Fund
Access to $100,000 in funding
Business mentorship and development support
Market expansion opportunities
Increased visibility and global reach
Empowerment of Nigeria’s creative talent
How to Apply
Interested and qualified applicants should submit their applications through the official portal.
CLICK HERE TO APPLY
Application Deadline: May 30, 2025
EduTimes Africa, a product of Education Times Africa, is a magazine publication that aims to lend its support to close the yawning gap in Africa's educational development.