Place-Based Investment Programme Fund

Contents


Definition of Place-Based principles

What is place?

The place is where people, location and resources combine to create a sense of identity and purpose and is at the heart of addressing the needs and realising the full potential of communities. For more information, visit the Scottish Government webpage: 

What is 20-minute neighbourhood?

It is a neighbourhood location where people can access most of their essential needs within a 20-minute walk. 

What is community wealth building?

It aims to tackle the challenges of rising inequality by placing a greater degree of control and wealth into the hands of local people, communities, businesses and organisations.

What is community-led regeneration?

It puts civic leaders, residents, local businesses and civil society organisations in the driving seat for the regeneration of their area, strengthen their local economy, and improve their opportunities.

What is town centre revitalisation?

Town centre regeneration is a holistic process of reversing economic, social and physical decay where it has reached a stage in a particular town centre when market forces alone will not be sufficient to tackle the problems identified.

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