See how to apply for FG’s $100,000 2025 creative development fund

Nigerian government has launched phase one of the Creative Economy Development Fund (CEDF) to provide sustainable financing for the country’s growing creative and cultural sectors.

The fund, which was recently approved by the Federal Executive Council (FEC), was officially announced by the Ministry of Arts, Culture, Tourism, and Creative Economy.

FG explains the fund’s target audience The fund aims to empower several sectors, positioning Nigeria as a global player and leader in creative industries.

getting SMEs and startups, will launch on August 4, 2025. The fund targets writers and publishers, artists, fashion designers, filmmakers and directors, gaming studios, cultural tourism providers, media and digital platforms, local logistics, and training providers. How to apply for the fund Eligible and interested applicants should visit the fund’s platform, click on apply, fill out the form and provide their details.

Applicants must provide their company’s name, address and proof of business registration. They are also asked to provide the main and supplementary contact details, area of operation, current stage of business, and the type of funding. According to reports, only applications from $100,000 and above will be accepted in the first phase. Other documents required are the presentation of a five-year business plan. Objectives of the fund On the fund’s objectives, the Ministry highlighted that the CEDF will.

This move toward IP-backed financing is being hailed as a pioneering strategy to unlock the untapped value of Nigeria’s rich creative assets.

Nigeria’s Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, received the cheque from the chairman of Airtel Africa Foundation, Dr. Segun Ogunsanya, in Abuja.

FG moves to close tech gaps in Nigeria Tijani noted that the project is being championed by the ministry to bridge the digital divide by creating a pool of strategic tech talents to catapult Nigeria into a key position in the world’s technology landscape.

Minister Bosun Tijani explained in detail how the funds will be disbursed to train and empower tech talents in the 3MTT programme.

He noted that 25,000 Nigerian youths will be direct beneficiaries as they will be trained and empowered with in-demand tech skills.