Revitalising communities

26 Mar 2026 11:54 AM

Initiatives to drive economic growth and tackle poverty.

Projects to create jobs and regenerate communities across Scotland will benefit from funding set out in the 2026-27 Scottish Budget.

Deputy First Minister Kate Forbes outlined 32 projects across Scotland which will benefit from the latest round of the £36 million Regeneration Capital Grant Fund. The proposals are expected to support more than 1,200 new jobs and 800 training opportunities as well as bringing 21 disused or derelict sites back into use.

Initiatives include funding to transform Granton Lighthouse into a hub for musicians, artists and creative businesses, with studios and offices as well as exhibition space and a café open to the public.

Other projects include:

Following a visit to Granton Lighthouse Deputy First Minister Kate Forbes yesterday said:

"This investment will make a real difference to people's lives – providing affordable homes, economic opportunities and community spaces the length and breadth of Scotland.

"Creating hundreds of jobs and training opportunities will boost family incomes and give children a better start in life.

"Granton Lighthouse is a beacon for its community's future. Once derelict, it will become a vibrant creative hub as part of our commitment to support plans to regenerate Granton Waterfront into a thriving coastal community."

Granton Lighthouse will be operated by Out of the Blue Arts and Education Trust after its restoration. Rob Hoon, Chief Executive of the trust, yesterday said:

“Out of the Blue is delighted that the Scottish Government has granted regeneration funding for the refurbishment of Granton Lighthouse. 

“We have been an integral part of the team planning the refurbishment of Granton Lighthouse. The Lighthouse is a significant landmark listed building loved by local people, who see an exciting opportunity for involvement in a new creative space, with opportunities for learning, a cafe, studios, music practice and recording.”

Background

The latest round of the Regeneration Capital Grant Fund is funded through the 2026-27 Scottish Budget and operated in partnership with the Convention of Scottish Local Authorities.

Information about the Scottish Marine Technology Park and the investment at Granton Waterfront is available online.

Regeneration Capital Grant Fund projects for 2026-27: