Publication - Advice and guidance

Building Scotland Fund (BSF): how to apply

Building Scotland Fund is a precursor to the Scottish National Investment Bank. It focuses on housing, modern industrial and commercial property and business-led research and development projects.

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Building Scotland Fund (BSF): how to apply

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The Building Scotland Fund (BSF) intends to invest £150 million over financial years 2019 to 2021 by making loans and acquiring equity.  

Loans and equity investments are made at commercial rates or in compliance with EU state aid regulations.

To date, BSF has agreed investment of £100 million to housing across all tenures, regeneration, industrial and commercial property projects.  

BSF continues to actively seek eligible opportunities for investment and the process for applications is detailed in this guide.

Delivery of the fund

Public sector bodies involved in the delivery of the Building Scotland Fund are: the Scottish Government, Scottish Enterprise, Highlands and Islands Enterprise, the Scottish Funding Council and the Scottish Futures Trust.


Scottish Government 
Building Scotland Fund Team
Scottish National Investment Bank Directorate
1 North Waverley Gate
2-4 Waterloo Place


Telephone: Central Enquiry Unit 0300 244 4000