The Nigerian government has extended the application deadline for the Creative Economy Development Fund (CEDF) to June 30, 2025. This fund is part of a broader national strategy to expand Nigeria's creative economy, expected to contribute over $100 billion to GDP and create two million jobs by 2030.


*Eligibility Criteria:*


- Legally registered businesses run by Nigerian youth within the creative space

- Operating in Nigeria with active participation in the creative economy

- Includes sectors like:

  - *Filmmaking and TV Production*: Filmmakers and TV producers

  - *Fashion*: Fashion designers and stylists

  - *Music*: Musicians, producers, and songwriters

  - *Gaming and Animation*: Game developers and animation creators

  - *Digital Content Creation*: Digital content creators, including YouTubers

  - *Cultural Tourism*: Cultural tourism businesses


*Types of Funding:*


- *Grants*: For early-stage ideas with strong community impact

- *Loans*: For businesses looking to expand, rebrand, or scale operations

- *Equity Financing*: For startups ready to work with private investors


*Application Requirements:*


- Clear articulation of intellectual property value

- Data on audience engagement or sales

- Convincing growth plan, including job creation and market expansion

- Supporting documents like business registration, tax filings, past work, and industry awards


*How to Apply:*


- Submit applications through official platforms designated by the Nigerian government, such as ¹:

  www cedf.gov.ng

  

- Apply early to avoid last-minute technical issues ²