Investment One Financial Services Limited has been appointed as the Consultants for the Innovative Distribution Fund (IDF) – project ACT Nollywood by the Federal Ministry of Industry Trade & Investment (FMITI) after a competitive selection system.

Project ACT-Nollywood is an initiative by the Federal Government of Nigeria, led by the Ministry of Finance in collaboration with the Ministry of Culture and Tourism.

The objective of the project is to encourage the sustained growth of Nigeria’s movie industry to realize its potential as a significant creator of employment and contributor to national GDP.
ACT Nollywood aims to alleviate the obstacles to the sector’s growth and promote key components along the movie value chain through the provision of grant funding to support existing or aspiring practitioners within the industry, including in the Diaspora.

ACT Nollywood is made up of 3 (three) funds; the capacity building fund, film production fund and innovative distribution funds with mandates to build capacity for individuals and institutions, to support viable production projects and to support financially viable and sustainable solutions in content distribution.

Content distribution remains a key area of concern for entertainment practitioners and investors. They can only recoup invested funds when the distribution channels of creative work (movies, short films, documentaries etc.) are properly structured to deliver results.

Investment One Financial Services as consultants to the project (the Innovative Distribution Fund provided by the World Bank) has the specific responsibilities of coordinating the activities of all other parties to the fund and will drive the due diligence, structuring, disbursement and post-disbursement monitoring of the fund.

Investment One will also ensure that the funds are channeled to companies and projects that most appropriately address the distribution challenges faced by the film industry

Investment One Financial a full financial services firm was selected as the best from a list of forty technical proposals submitted in consideration for the contract. Investment one would be consultants to the ACT project for a duration of 12 months.

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