National Wealth Fund

In February 2025, Glasgow City Region was announced as one of four areas across the UK to take part in the UK Government’s new National Wealth Fund (NWF) partnership.

The NWF is a strategic partnership which provides hands-on support and tailored commercial and financial advice, which aims to help regions to develop and secure long-term investment opportunities.

In October 2025, the NWF announced a new and enhanced regional offer through the Regional Project Accelerator which will prioritise longer-term and deeper strategic partnerships.

The Regional Project Accelerator provides:

Strategic Partnerships – helping to develop projects and portfolios to ensure they are investment ready and support Local Growth Plans.
Flagship project advisory support – NWF teams will provide focused longer-term support for flagship projects.
Local Government Knowledge Service – A digitally- enabled offering to share NWF knowledge and experience and enable peer-to-peer learning, with online resources, conferences, webinars and targeted one-to-one support.
Low-cost lending direct to local government – the NWF has £4bn lending capacity to local authorities throughout the UK, which it will use to support complex, transformational and higher-risk projects that align with Government priorities and regional and local ambitions.

Priority projects identified by the National Wealth Fund for Glasgow City Region include Clyde Metro, the Advanced Manufacturing District Scotland (AMIDS), and the Region’s Electric Vehicle Charging Infrastructure (EV CI) project.