Building Scotland Fund

The £150 million Building Scotland Fund helps the development of new affordable and private sector housing; the development of modern industrial and commercial property; and supports industry-led research and development.

Criteria and availability 

Funding is only available up to March 2021 so is best used to help projects that are at a later stage of development. This means funding is unlikely to be available if your project is at a concept stage.

Funding will be given out as loans which will need to be paid back, or as equity finance.

The funding is likely to be for projects that need over £1 million, and the specific amount of funding available will vary depending on the project.

Funding will not cover the entire cost of a project, and applicants still need to find some of the money themselves.

Who can apply

The fund is open to non-public sector organisations, such as:

  • businesses
  • housing associations
  • universities

How to apply

When you apply, you'll be asked to send a business plan. Your business plan should show:

  • why the project needs public sector funding
  • why the project cannot be funded in another way, for example through your own resources, a bank loan

Housing, industrial or commercial projects will also need to show their planning consent documents – if they have them.

Further information on the Building Scotland Fund