06/05/2025
You reposted
Imran Muhammad
·
May 4
Loan Opportunity for Creatives: Federal Govt Rolls Out Creative Economy Development Fund CEDF To Boost Industry.
Phase 1:
Application Opens: April 28, 2025
Closes: May 30, 2025.
For projects needing over $100,000
Targeting mature businesses with clear project plans & financial documents.
Those eligible:
1. Fashion designers, tailors, textile mills
2. Film directors, animators, editors, cinema owners.
3. Musicians, producers, digital platforms
4. Artists, cultural curators, heritage experts
5. Tour operators, event planners, creative tech startups
6. Video Game Developers, XR/VR Creatives,
Interactive Media Artists.
HOW TO APPLY:
1. Fill the official CEDF application form (via
CEDF website: http://CEDFnigeria.com)
2. Submit your proposal + required documents before the deadline.
3. Wait for evaluation and follow-up
4. If selected, get support and funding starting Jan 2026 (Phase 1) or April 2026 (Phase 2)
The Federal Ministry of Art, Culture, Tourism, and Creative Economy invites eligible creatives, entrepreneurs, and organisations to apply for funding through the Creative Economy Development Fund.
The CEDF is a bold step towards realizing President Bola Ahmed Tinubu’s Renewed Hope Agenda, aimed at fostering job creation, economic diversification, and enhancing Nigeria’s global cultural influence.
Flagging off the CEDF, the Honorable Minister of Arts, Culture, Tourism, and Creative Economy, Barrister Hannatu Musa Musawa said that the Fund is a strategic national investment designed to unlock the vast potential of Nigeria’s creative sector, positioning it as a driver of economic growth and cultural diplomacy.
“This is not just a financial intervention. It is a call to action for creatives, entrepreneurs, and industry enablers to scale their dreams and contribute to a thriving, inclusive creative economy,” the Minister said.
The fund provides tailored financial support through debt, equity, and gran