The Nigerian Federal Ministry of Arts, Culture, Tourism, and Creative Economy (FMACTCE) has opened the Creative Economy Development Fund (CEDF).
This initiative aims to foster growth, innovation, and sustainable financing for Nigeria’s creative and cultural industries. It is part of efforts to create jobs, diversify the economy, and boost the country’s global cultural image.
Funding details
In phase 1, businesses and projects requiring over $100,000 and with the necessary documentation in place will be prioritised
To qualify, applicants must be individual creators, entrepreneurs, and businesses operating in Nigeria’s creative and cultural industries.
Businesses operating within the tourism industry that are linked to the cultural and creative aspects of the value chain, including infrastructure, are qualified to apply.
Applicants must provide proof of viable project plans, legal rights to use any relevant intellectual property, and alignment with the fund’s mission to strengthen the creative sector.
When to apply
Submit your application before May 30, 2025.
Where to apply
The Nigerian Federal Ministry of Arts, Culture, Tourism, and Creative Economy has launched the Creative Economy Development Fund (CEDF) to stimulate growth and innovation in the nation's creative and cultural sectors.
The fund aims to support sustainable financing, job creation, economic diversification, and enhance Nigeria's global cultural presence.
In its first phase, the fund will prioritize businesses and projects needing over $100,000, provided they have the necessary documentation.
Eligible applicants include creators, entrepreneurs, and businesses in the Nigerian creative and cultural industries, as well as those in the tourism sector connected to cultural and creative value chains.
Applicants must demonstrate viable project plans, legal rights to intellectual property, and alignment with the fund’s objectives to reinforce the creative sector.
Applications for the fund must be submitted by May 30, 2025. Interested parties can apply online through the CEDF Nigeria website.
