Funding for capital projects
Capital funding for universities and colleges covers land, buildings and equipment and supports our work to secure effective and sustainable spaces for learning, research and innovation.
University Financial Transactions Programme
***May 2019 Update***
Up to £60m in low-interest loans is available to Universities in 2019-20 for projects which result in energy savings, carbon footprint reduction and/or improve the learner experience.
Expressions of Interest for the 2019-20 programme are now being called for by the end of July 2019. For more details, see Invitation of expressions of interest [PDF].
Capital and Climate Change
SFC’s Capital and Climate Change team also works on our strategies for responding to the requirements of the Climate Change Act, including helping universities and colleges to reduce their carbon footprints and secure investment in research and innovation for the low carbon economy.
We aim to:
- Develop and implement the Council’s strategies for responding to the requirements of the Climate Change Act, including supporting universities and colleges to reduce their carbon footprints.
- Develop and implement the Council’s capital funding strategies for the university and college sectors to secure effective and sustainable spaces for learning, research and innovation.
- Work with colleges and universities to help them secure investment in research and innovation in the low carbon industries.
- Continue to drive forward the Council’s environmental sustainability work across both sectors.
Scottish Institute for Re-manufacturing (SIR)
SFC provided funding of £1m over 2014-17 to establish a culture of re-manufacturing in Scotland, by brokering academic support for businesses to deploy new technologies and processes, hosted and
co-ordinated by the University of Strathclyde.
Visit the SIR website.
Environmental Association of Universities and Colleges (EAUC) Scotland
SFC provides funding to EAUC Scotland to support universities and colleges in embedding sustainability in everything they do, as well as advising on sector progress towards Scotland’s carbon reduction targets.
College Energy Efficiency Pathfinder
In 2017 SFC supported five colleges to access Scottish Government Capital Stimulus funding of £3.7m for energy efficiency projects, using Energy Performance Contracts. The College Energy Efficiency Pathfinder (CEEP) allowed colleges to retrofit Energy Conservation Measures (ECMs) which may not otherwise have been affordable into their estate. SFC hopes that sharing the learning across the sector will provide the incentives for colleges to capitalise on the benefits of the estate wide energy efficiency invest to save model.
College capital projects
Forth Valley College secured £65 million of SFC capital funding for the redevelopment of its Falkirk Campus, which will deliver a new 20,700 sqm state-of-the-art campus, providing the college with a new regional, national and international centre for STEM, care and sports provision.
Building Scotland Fund
Scottish Universities can also seek financing under the Scottish Government’s Building Scotland Fund.
See details of the Capital and Climate Change team and their contact details.
Capital and Climate Change Strategy
Download the current Infrastructure and Low Carbon Strategy [PDF]