Programme name: Regeneration and Place
Programme description: The Place-Based Investment Programme (PBIP) aims to accelerate ambitions for place, 20-minute neighbourhoods, town centre action, community led regeneration and community wealth building. The programme includes the Regeneration Capital Grant Fund (RCGF), support for Clyde Gateway as well as potential pathfinder demonstrator projects.
Estimated total investment: £325 million.
How is programme being funded: Capital funded.
Programme delivery timetable: 2021-22 to 2025-26.
Latest programme progress: Local Authorities have received £38 million for 2021-2022 from PBIP and will receive a further £33 million in 2022-2023 to support placed based investment in their communities. In relation to RCGF, 48 projects across Scotland have received offers of grant for more than £50 million across 2021-22 and 2022-2023. Additional funding was allocated to the 5-year programme to support a number of place based demonstrator projects and meet increased costs of projects.
Contribution to economic development: The PBIP is seeing all 32 Scottish local authorities support wide ranging place based projects aimed at regeneration, revitalising town centres and addressing disadvantage. The 48 RCGF projects recommended have the potential to support or create more than 4,000 jobs, create more than 44,000 sqm of business space and support over 90 community facilities which will benefit more than 850 businesses or enterprises across disadvantaged and fragile rural communities.
Contact for public enquiries: email: PBIP@gov.scot
Programme name: Clyde Gateway Regeneration Capital
Programme description: Clyde Gateway is a partnership between Glasgow City Council, South Lanarkshire Council and Scottish Enterprise backed by funding and direct support from the Scottish Government. It has an initial 20-year operating plan which is delivering large scale physical, social and economic transformation over 840 hectares located in the east of Glasgow and including part of South Lanarkshire. Support for Clyde Gateway forms part of the wider £325 million Place-Based Investment Programme (PBIP).
Estimated total investment: £28.5 million.
How is programme being funded: Capital and revenue funded.
Programme delivery timetable: 2021-22 to 2025-26
Latest programme progress: Clyde Gateway have received core grant support of £5 million for 2021-22 and will receive a further offer of £5 million for 2022-23, supporting remediation work in Shawfield and creation of business space in Dalmarnock and Bridgeton.
Contribution to economic development: The capital support towards Clyde Gateway's 20-year business plan will continue to support its ambitions to deliver investment in the area, remediating and decontaminating vacant and derelict land while creating supporting infrastructure to create space for economic activity housing and green space. To date this activity has seen more than 6,700 jobs created and 3,700 businesses supported.
Contact for public enquiries: email: email@example.com
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