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PLACE GUIDE: A PROCESS FOR IMPROVED PLACE-BASED DECISION MAKING SCOTTISH FUTURES TRUST


8


Place as a framework for investment Places are ‘locations with meaning’.


They are relevant local geographies that support communities, and provide the context to meet needs through effective, prioritised investment.


Place therefore is at the forefront of several key policy areas designed to deliver inclusive growth, net zero carbon emissions and improved health & wellbeing.


Place Principle, Place Framework & Place-Based Investment Programme


This Place Guide is designed to help deliver on the Place Principle, which states that Places are shaped by the way resources, services and assets are directed and used by the people who live in and invest in them. This requires collaboration across all sectors within a place, to facilitate better outcomes for everyone and increase opportunities for people and communities to shape their own lives.


It also supports the Place Investment Framework – a Scottish Government initiative to ensure alignment between major spending programmes across portfolios, using a consistent appraisal framework.


And this in turn underpins the Place Based Investment Programme, a £325m commitment over 5 years designed to ensure that all place-based investments (portfolio spending nationally or locally) are shaped by the needs and aspirations of local communities. The ambition is to coordinate and align with other funds, so the overall impact is greater.


The Framework and Programme suggest that, before investing in a place, it is useful to develop:


• an authentic Place Narrative (via a Place Brief), setting out the fundamental nature of a place, reasons why it needs to change, what its future should be


• shared Place Actions (via a Place Programme), detailing how separate activities will be prioritised and dovetail into an overall plan for change


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Programme


Portfolio spending


Accountability > The Place Principle: A common approach adopted across all portfolios.


Conditionality > The Place Based Framework: A consistent appraisal framework for all local capital investments.


Coordination > The Place Based Investment Programme: An aligned programme of place based investments.


• meaningful Place Oversight, structures determining how collective leadership is realised and sustained.


The Place Guide explicitly supports the development of these key outputs/investment tools through iterative guidance in the subsequent Place Process.


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