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[ Government fund ]

Cultural Development Fund

A government fund for the cultural sector that finances cultural enterprises and entrepreneurs and anchors private equity funds, such as film and fashion funds, with a 40% stake.

Checked against its own site on 11 October 2026.

Run by
Government
Type
Government fund
Based
In Saudi Arabia
Sectors
Creative & media
Last active
August 2026 · Launched AI Incentives for Cultural Projects: grants up to SAR 500,000 for cultural MSMEs (applications closed 29 Sep 2026)