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Fife Council’s Economic Development Team - under the banner of InvestFife - work with Scottish Enterprise and Business Gateway Fife to encourage and help businesses to invest or grow in Fife.
As a result of this support, £75.6m of inward investment was secured for Fife during 2023/24. That investment is estimated to create 499 additional jobs and safeguard 170 existing jobs.
International whisky firm Scotch Whisky Investments (SWI) announced a multi-million pound investment in a new whisky storage facility in Glenrothes following assistance from InvestFife and Scottish Enterprise.
InvestFife helped SWI identify the perfect site to establish its business base in Fife, and Scottish Enterprise awarded the company an £850,000 grant. It is estimated that the new facility will deliver up to 38 full-time jobs, all of which will be paid above the real living wage.
To help promote the investment opportunities offered throughout Fife, a suite of investment prospectuses has been launched. A new ‘Invest in Levenmouth’ prospectus was published to promote opportunities in the area alongside the opening of the new Levenmouth rail link. Dunfermline’s investment potential was showcased to national and international investors and developments at Scottish Cities Week in London in January 2024 and a Dunfermline Investment Prospectus was launched. An investment prospectus has also been developed for Kirkcaldy.
