Creative Economy Development Fund (CEDF) 2025 for Nigerians – YOA

Deadline: May 30, 2025

Applications are open for the Creative Economy Development Fund (CEDF) 2025. The CEDF is designed to catalyze progress, innovation, and sustainable financing for Nigeria’s inventive and cultural industries, in keeping with the federal government’s dedication to creating jobs, stimulating financial diversification, and boosting Nigeria’s international cultural footprint. This Fund represents a big nationwide funding within the inventive sector, recognizing its potential as a driver of financial progress and cultural diplomacy.

The key targets of this system are:

• Stimulating Growth in Creative and Cultural Industries: Providing the capital injection wanted for companies in sectors similar to movie, music, style, artwork, publishing, gaming, cultural tourism and so on., to increase manufacturing and attain new markets.
• Increasing Access to Finance: Opening up new financing avenues for inventive entrepreneurs and organizations, together with those that beforehand lacked entry to conventional financial institution loans or traders.
• Supporting Job Creation and Economic Diversification: Empowering inventive companies to scale up will result in the creation of latest jobs and livelihoods, particularly for youth, whereas diversifying Nigeria’s economic system past oil and different conventional sectors.
• Leveraging Intellectual Property (IP) as an Asset: Establishing a transformative mannequin for securitizing and collateralizing mental property. Creative skills will be capable to leverage their IP (similar to movie rights, musical works, or digital content material) as viable belongings to safe financing – a pioneering transfer to unlock the worth of Nigeria’s wealthy inventive content material.

Benefits

• Capital for Growth: Access funding to increase companies in movie, music, style, visible arts, publishing, gaming, and cultural tourism.
• Increased Access to Finance: Creative entrepreneurs and small organizations can now entry non-conventional financing—even with out collateral or financial institution historical past.
• Job Creation & Youth Empowerment: Grow your inventive enterprise, generate employment, and contribute to Nigeria’s financial transformation past oil.
• Leverage Intellectual Property (IP): Use your mental belongings—like movie rights, music, or digital content material—as collateral. For the primary time, IP is bankable.
• Boost Nigeria’s Global Cultural Footprint: CEDF positions Nigeria as a cultural powerhouse, funding creativity that resonates worldwide.

Eligibility

• Open to Creative entrepreneurs.
• Small-to-medium enterprises (SMEs) in cultural sectors.
• Startups and organizations throughout Nigeria’s inventive worth chain.
• Youth-led companies and expertise-targeted ventures.

Application

Click here to apply

For extra info, go to Creative Economy Development Fund.