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2030 Place Based Investment Fund

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May 07, 2025 - June 06, 2025

The Place-Based Investment Programme (PBIP) is being used to link and align place-based funding initiatives. The aim of the PBIP is to ensure that all place based investments are shaped by the needs and aspirations of local communities and accelerate our ambitions for place, 20-minute neighbourhoods, town centre action, community led regeneration and community wealth building. It includes the continued delivery of the Regeneration Capital Grant Fund as well as Place Based Investment Programme funding to local government, and our ongoing sponsorship of Clyde Gateway Urban Regeneration Company.

The Place Principle, which underpins this approach, was adopted by Scottish Government and COSLA as a basis for collaborative working to ensure that future local investment is relevant to local communities for the benefit of local people. Bringing relevant services, enterprise, and communities together to make our towns, villages, and neighbourhoods more viable. The PBIP alongside the developing Place Framework are designed to make the Place Principle real.

A coherent programme approach to place based investment will provide the structure to challenge, coordinate and target efforts in any particular geography. It is designed to make sure that all place based investments understand the place in which they are made, how their contribution will help deliver the changes needed, and how local communities shape their future.

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