FG Offers $100K Creative Economy Development Fund (CEDF) for Nigerians
The Federal Government of Nigeria has launched the Creative Economy Development Fund (CEDF) 2025, aimed at empowering young Nigerians in the creative and cultural industries. This initiative provides large-ticket funding of up to $100,000 to help creative businesses grow, expand production, and access new markets.
This fund is part of the government’s broader plan to turn Nigeria’s rich cultural talents into economic powerhouses. By investing in creatives, the government hopes to unlock the full potential of Nigeria’s booming creative sector and boost job creation.
Who Can Apply?
The CEDF is open to individuals, businesses, and institutions involved in any part of the creative and cultural economy. This includes:
Writers and publishers
Fashion designers and visual artists
Filmmakers and content creators
Gaming studios
Cultural tourism providers
Digital platforms and media agencies
Legal and logistics service providers
Creative training institutions
Applicants must demonstrate how their business or project can scale up and positively impact the Nigerian economy.
“Nigeria’s creative sector is not just about expression — it’s an engine for innovation, economic growth, and youth empowerment.”
— Hannatu Musawa, Minister of Arts, Culture, and Creative Economy
Goals of the CEDF
The core objectives of the fund include:
Providing financial support to help creative businesses grow
Helping creative entrepreneurs access local and international markets
Creating new jobs and sustainable livelihoods, especially for youths
Developing a financial model that allows intellectual property to be used as collateral
The CEDF is more than just a grant—it’s a strategic investment to transform Nigeria’s creative sector into a global force.
How to Apply
Interested applicants can apply online through the official CEDF platform. Applications must include business registration documents, contact details, a five-year business plan, and other required information.
Deadline to apply: May 30, 2025
The CEDF 2025 is a golden opportunity for Nigerian creatives to scale their impact and contribute to national development. If you are a part of Nigeria’s creative sector and need funding, now is the time to act.
Don’t miss out—apply before May 30, 2025, and take your creative business to the next level!