CEDF Applications Now Open for the 2025 Creative Economy Development Fund (CEDF)
Are you a creative entrepreneur in Nigeria? The 2025 edition of the Creative Economy Development Fund (CEDF) is now accepting applications!
This innovative funding initiative is designed to fuel growth, drive innovation, and provide long-term financial support for Nigeria’s thriving creative and cultural industries. It aligns with national efforts to generate employment, promote economic diversification, and enhance Nigeria’s global reputation in the arts and culture sector.
The CEDF represents a strategic investment in one of the country’s most promising economic sectors, highlighting the vital role creativity plays in both economic development and cultural representation on the international stage.
Program Goals
The CEDF aims to achieve the following:
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Drive Sectoral Growth: Support businesses in creative fields such as film, music, publishing, fashion, visual arts, digital media, cultural tourism, and more with the funding they need to scale and explore new markets.
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Expand Financial Access: Open new funding pathways for creatives—especially those previously excluded from traditional banking or investor networks.
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Support Job Creation & Diversification: Enable creative enterprises to grow and generate new jobs, particularly for young Nigerians, while helping diversify the economy away from oil dependence.
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Monetize Intellectual Property (IP): Empower creators to use their intellectual property—like films, songs, books, or digital works—as financial assets to secure funding. This marks a new era in recognizing IP as a valuable economic resource.
Why You Should Apply
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Funding Opportunities: Gain access to capital to grow your business in creative industries like music, film, fashion, and more.
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Alternative Financing Options: Even without collateral or a banking history, you can still access support through CEDF’s innovative financing models.
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Job Creation & Empowerment: Turn your creativity into a livelihood, contribute to job growth, and participate in building a more diverse economy.
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Intellectual Property as Capital: For the first time, creators can use their IP as security to access funding—making creativity truly bankable.
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Promote Nigeria Globally: Be part of the movement putting Nigeria’s rich creative heritage on the world map.
Who Can Apply?
The fund is open to:
- Creative entrepreneurs across Nigeria
- Small and medium-sized businesses in cultural sectors
- Startups within the creative value chain
- Youth-led or talent-focused enterprises
Application Deadline
May 30, 2025
Ready to Apply?
Click here to submit your application
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