The TikTok Creator Fund has been set up “to encourage those who dream of using their voices & creativity to spark inspirational careers”, says TikTok in a blog post.
The US fund will start with $200 million over the next year to help support ambitious creators who are seeking opportunities to foster a livelihood through their innovative Content.
Already TikTok has this going:
- A US $50 million Creative Learning Fund, which introduces emerging teachers to the platform — & has benefited over 1,000 US creators who’ve been affected by the global pandemic;
- TikTok LIVE streams, which bring earnings to hundreds of thousands of US creators over the age of 18 who host live programs for their audience;
- The TikTok Creator Marketplace, which helps brands discover & partner with innovative creators to collaborate on paid campaigns.
To be eligible for the TikTok Creator Fund, you need to be 18 years & more, consistently post original Content in line with Community Guidelines, & for now be a US based creator.
Click here to read more.
Image credit: TikTok