Federal Government 2025 Creative Economy Development Fund (CEDF)

The Federal Government of Nigeria is inviting applications for the Creative Economy Development Fund (CEDF) for young Nigerians.

The Federal Government Creative Economy Development Fund offers large-ticket investments of $100,000 for creative businesses to scale production and access new markets.

Eligibility Requirements

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

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.

Objectives of the CEDF 2025

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.