FG Creative Economy Development Fund (CEDF) – Phase 2 Applications | Grants & Loans

About the Fund

The Federal Ministry of Arts, Culture, Tourism, and Creative Economy (FMACTCE) has launched the Creative Economy Development Fund (CEDF) to catalyze growth, innovation, and sustainable financing across Nigeria’s creative and cultural industries. Approved by the Federal Executive Council (FEC), the fund supports creators and enterprises to scale, create jobs, and strengthen Nigeria’s global cultural influence.

Program Overview

• Initiative: Creative Economy Development Fund (CEDF)
• Implementing Ministry: FMACTCE
• Support Type: Grants, Loans (Debt), and Equity/Quasi-Equity
• Target Sectors: Film, Music, Fashion, Art, Publishing, Gaming, Cultural Tourism, and related creative fields
• Application Deadline: September 1, 2025

Key Objectives

• Stimulate industry growth: Enable creative businesses to expand production and reach new markets.
• Increase access to finance: Open practical funding pathways for creators traditionally excluded from credit.
• Support job creation & diversification: Empower enterprises to scale and generate employment, especially for youth.
• Leverage intellectual property (IP): Unlock financing using IP (e.g., film rights, music, digital content) as collateral.

Funding Windows

• Grant Window: For innovative cultural projects with strong social or cultural impact (e.g., community arts, heritage initiatives, experimental content).
• Debt Financing Window: Affordable loans and credit facilities for startups and established enterprises with repayment capacity.
• Equity/Quasi-Equity Window: Long-term capital via equity or convertible instruments for high-potential ventures (e.g., film productions, fashion brands).

Eligibility

• Open to individuals, startups, and organizations operating within Nigeria’s creative and cultural industries.
• Applicants should demonstrate a clear business plan, viable use of funds, and potential for impact and job creation.
• Compliance with applicable regulations and ability to provide required documentation during due diligence.

Benefits

• Access to grants, loans, or equity funding tailored to project needs.
• Support to scale production, distribution, and market reach.
• Opportunity to leverage IP as a bankable asset.
• Contribution to national visibility and export potential of Nigerian creative outputs.

How to Apply

1. Visit the official CEDF portal.
2. Select the appropriate funding window (Grant, Debt, or Equity) for your project or business.
3. Complete the online application form and upload all required documents.
4. Submit before the deadline and monitor your email/portal dashboard for updates.

Deadline

Application Deadline: September 1, 2025

Tips for a Strong Application

• Match your funding window to your current stage and financing needs.
• Clearly articulate your market, revenue model, and growth plan.
• Highlight job creation potential and measurable cultural or social impact.
• Document ownership and valuation approach for any IP you intend to leverage.
• Prepare complete financials and supporting documents before you start.

Interested and qualified candidates can apply using the link below:
Apply Here