President Dr Mohamed Muizzu has announced that applications for the Government’s special soft loan scheme aimed at supporting local content creators will open within the next two weeks. The initiative is part of a key pledge outlined in the current Administration’s manifesto.
In a statement shared via his official X account, President Muizzu confirmed that technical preparations for the scheme are nearing completion. He highlighted the programme’s objective to strengthen the creative economy and provide new opportunities for Maldivian youth to engage in the sector.
The scheme is designed to support a broad range of creative fields, including media content, audio-visual production, the entertainment industry, and content developed for sales and marketing purposes.
President Muizzu further stated that he has directed the relevant authorities to ensure the application process is accessible to all content creators working across these sectors.
The initiative is expected to play a significant role in fostering innovation and entrepreneurship within the country’s creative industries.
