On October 24, 2024, the Federal Executive Council approved the Creative Economy Development Fund (CEDF) and theimplementation of the Intellectual Property (IP) Monetization Pilot, to promote the financial expansion and use of IP assets by the creative sector. The CEDF objective is to offer funding through various financial instrument such as debt, quasi-equity, equity instruments e.t.c, enabling creators to use IP as a collateral.
REGULATORY UPDATE: FEDERAL EXECUTIVE COUNCIL APPROVES CREATIVE ECONOMY DEVELOPMENT FUND AND IP MONETIZATION PILOT
