• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result

FG to raise $1 million venture capital for the creative Industry

Opeyemi Yekini by Opeyemi Yekini
July 18, 2017
in Uncategorized
Lai Mohammed Believes Digital Switch-Over Can Result In Massive Revenue For FG
Share on FacebookShare on TwitterShare on Linkedin

At the two-day creative industry financing conference in Lagos on Monday; the Minister of Information and Culture, Lai Mohammed, disclosed that the federal government is raising $1 million in venture capital for the Creative Industry.

Venture capital is financing that investors provide to startup and small businesses who are believed to have long-term growth potential.

The conference was declared open by the Minister of Finance, Mrs. Kemi Adeosun, who represented Prof. Yemi Osinbajo. The minister for Industry, Trade and Investment, Mrs. Aisha Abubakar and many stakeholders of the industry were also present at the conference.

RelatedStories

Nigeria to offer Indian Investors land to build Film Studios in Lagos & Abuja

Lai Mohammed appointed Special Advisor to UNWTO Secretary-General

July 27, 2023
Former Information Minister, Lai Mohammed, gets international appointment

Former Information Minister, Lai Mohammed, gets international appointment

June 7, 2023

Lai Mohammed disclosed that the government is paying great attention to the creative industry because of its capacity to create one million jobs in three years, boost the economy and allow the creative talents of the youths to blossom.

He also said that the $1 million venture capital would provide the “seed” money for young and talented Nigerians to set up businesses in the Creative Industry as lack of access to finance is a major problem of the industry.

Lai Mohammed also said that the fund is to be sourced from 20 people, each investing $50,000 and that $250,000 so far has been guaranteed from five individuals. He expressed optimism about more investors coming forward so as to fully attain the $1 million target.

Upon the eventual raising of this $1 million, stakeholders of the creative industry will have more access to funds to carry out desired projects.

Tags: $1 million venture capital for the creative industry in NigeriaLai MohammedNews ReviewVenture capital for the creative Industry in Nigeria
Opeyemi Yekini

Opeyemi Yekini

Related Posts

Nigeria to offer Indian Investors land to build Film Studios in Lagos & Abuja
Appointments

Lai Mohammed appointed Special Advisor to UNWTO Secretary-General

July 27, 2023
Former Information Minister, Lai Mohammed, gets international appointment
Appointments

Former Information Minister, Lai Mohammed, gets international appointment

June 7, 2023
Nigeria to offer Indian Investors land to build Film Studios in Lagos & Abuja
Business

Nigeria to offer Indian Investors land to build Film Studios in Lagos & Abuja 

April 25, 2023
FG warns Obasanjo against truncating the electorate process, accuses him of bias
Business News

FG warns Obasanjo against truncating the electorate process, accuses him of bias

February 28, 2023
Nigeria to offer Indian Investors land to build Film Studios in Lagos & Abuja
Business News

FG reacts to allegations of anti-Tinubu elements in Aso Rock by Governor El-Rufai

February 1, 2023
CBN issues directive to curb mass sacking by banks
Small Business

How companies determine who to fire in an economic crunch

November 29, 2022
Next Post
PS Nutrac now grows crops without soil in Nigeria

PS Nutrac now grows crops without soil in Nigeria

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • FG warns 161 million Nigerians now food insecure, moves to avert nutrition crisis 
  • Mastercard launches Afrobeat Sonic Anthem to deepen youth engagement in Nigeria 
  • United Capital hosts 2nd Asset Management Investment Forum, focuses on bridging Nigeria’s knowledge and wealth gap 

Follow us on social media:

Recent News

World Bank: Food insecurity in Africa soars by 60% despite production gains 

FG warns 161 million Nigerians now food insecure, moves to avert nutrition crisis 

July 12, 2025
Mastercard launches Afrobeat Sonic Anthem to deepen youth engagement in Nigeria 

Mastercard launches Afrobeat Sonic Anthem to deepen youth engagement in Nigeria 

July 11, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics