The Federal Government of Nigeria is now accepting applications for the Creative Economy Development Fund (CEDF) 2025. This initiative offers young Nigerians the opportunity to scale their creative businesses, with funding up to $100,000. The CEDF aims to foster innovation, create job opportunities, and increase Nigeria’s global cultural influence.
Creative Economy Development Fund 2025 – Key Information
Host: Federal Government of Nigeria
Category: Training
Eligibility: Nigerian individuals, businesses, and institutions within the creative and cultural industries
Reward: Access to $100,000 funding, job creation, business mentorship
Deadline: May 30, 2025
No IELTS required
CEDF 2025 Details
The CEDF represents a major national investment in Nigeria’s creative sector. The initiative, introduced by the Federal Ministry of Arts, Culture, Tourism, and Creative Economy (FMACTCE), is designed to stimulate growth, support innovation, and provide sustainable financing for Nigeria’s creative industries. The fund encourages job creation, economic diversification, and global cultural diplomacy.
Eligibility Requirements
The CEDF is open to individuals, businesses, and institutions in various creative sectors, 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
Benefits of CEDF 2025
Empowerment for creative businesses in the cultural and creative industries
A national investment to stimulate economic growth and enhance Nigeria’s cultural influence
Financial support for expanding production and entering new markets
Job creation, particularly for youth
A new financing model that secures intellectual property
Objectives of CEDF 2025
The CEDF has several objectives:
Stimulating growth in the creative and cultural sectors
Providing funding for businesses in areas like film, music, fashion, art, publishing, gaming, and tourism
Creating new financing opportunities for entrepreneurs
Empowering businesses to generate new jobs
Establishing a model for securing intellectual property
How to Apply
To apply for the Creative Economy Development Fund, click the link below: