Capital investment for regeneration

Our regeneration strategy focuses on making the most of Scotland's communities' economic potential through targeted funding.

Regeneration Capital Grant Fund (RCGF)

The Regeneration Capital Grant Fund, delivered in partnership with COSLA and local government, supports locally developed place based regeneration projects that involve local communities, helping to tackle inequalities and deliver inclusive growth in deprived, disadvantaged and fragile remote communities across Scotland.

Applications to the fund are invited on an annual basis and, where justified, can potentially cover more than one financial year (subject to available budget).

RCGF support to date (includes latest awards for 2021-22)

View the full list of projects supported from RCGF to date.

See also additional economic recovery stimulus funding awarded for 2020-21.

These projects are supporting or creating jobs, refurbishing and bringing back into use a number of historic and landmark buildings, creating business space, and supporting numerous community facilities and services across Scotland.

General information on the fund

Eligible organisations

RCGF is open to applications from all of Scotland’s 32 local authorities, either individually or if they exercise their functions through an urban regeneration company or another special purpose vehicle.

Eligible projects

Applications are not restricted in geography, size or type of project. It will be for applicant organisations to demonstrate that projects fit with the aims and objectives of the fund and can demonstrate clear regeneration outcomes in line with our strategy document Achieving a Sustainable Future and local area regeneration plans.

Project focus

  • projects that primarily focus on areas that suffer from high levels of deprivation and disadvantage
  • projects that demonstrate clear community involvement
  • projects that will deliver large scale transformational change with strong regeneration outcomes
  • projects and programmes that can encourage additional investment and address market failure

Application process

All applications will be subject to scrutiny by the independent Regeneration Capital Grant Fund Investment Panel which will make final recommendations on projects to be funded.

There will be a two-stage assessment. Applicants must submit a summary of their project on the form provided at Stage 1. Successful projects at this stage will be invited by the panel to then complete a full Stage 2 application.


In December 2018 we commissioned Research Scotland to undertake an independent evaluation of the Regeneration Capital Grant Fund (RCGF) and the final report which was published on 20th December 2019.

Further information

If you have any questions on the fund, email them to  Enter 'Request for further information' in the subject heading.

Vacant and Derelict Land Investment Programme (VDLIP)

The £50 million low carbon Vacant & Derelict Land Investment Programme (VDLIP) is now open to stage 1 applications for 2022 to 2023, with a deadline of 5pm on 12 November 2021.

VDLIP projects supported to date 

See: the full list of projects supported from Vacant and Derelict Land Investment Programme to date.

How to apply to the VDLIP

See: guidance and application form for funding for the VDLIP.

Eligible organisations

The VDLIP is open to applications from any of Scotland’s 32 Local Authorities and Clyde Gateway URC.

About the VDLIP

Scotland has almost 11,000 hectares of vacant and derelict land sites which can blight communities, harm wellbeing, and limit opportunities. However those sites could offer so much more - they could help solve some of society’s biggest challenges, including around climate change and inequality.

By prioritising the reuse of persistent vacant and derelict land, and protecting our existing natural capital, we can ensure that future investment goes into areas where it is needed the most, supporting shared ambitions for place, community regeneration, town centres, and 20 minute neighbourhoods.

The £50 million low carbon VDLIP is a capital programme scheduled over the next five years to help with tackling persistent vacant and derelict land, supporting place based approaches to delivering regeneration and sustainable inclusive growth, as part of a ‘just transition’ to net-zero. It is being established in the context of our economic recovery being a green recovery, and builds on existing approaches to tackling disadvantage and deprivation.

The VDLIP complements the new Place Based Investment Programme. It aims to link and align all place based funding initiatives to ensure we have a coherent approach to sustained longer term renewal, promoting the resilience, health and wellbeing of communities across Scotland.

The VDLIP is based around four pillars of action:

  • Sustained place-based approaches
  • Urban green spaces
  • Community-led regeneration
  • Low carbon developments and renewables

The Vacant and Derelict Land Fund

The Vacant and Derelict Land Fund (VDLF) aims to tackle long-term vacant and derelict land in Scotland. Its objectives are:

  • to stimulate economic growth
  • create jobs
  • promote environmental justice and improved quality of life
  • to support communities to flourish and tackle inequalities

It is an element of the local government budget settlement, as agreed with Scottish Government.

It focuses on projects that promote innovation in both temporary and longer term greening techniques for vacant and derelict land sites.

For 2021-22, five local authorities will receive a share of £7.605m reflecting the extent of vacant and derelict land in these areas and levels of deprivation. These local authorities are: 

  • Glasgow City Council
  • North Lanarkshire Council
  • South Lanarkshire Council
  • North Ayrshire Council
  • Fife Council