The proposed Kingsbarns Distillery in Fife has been awarded a grant of more than half a million pounds by the Scottish Government.

The award, £557,942, has been announced as part of the September tranche of money approved through the Food Processing, Marketing and Cooperation Scheme.

It is a capital grant which provides assistance towards the construction of buildings and purchase of plant and equipment.

 

The distillery, planned for the late 18th century East Newhall Farm Steading on the Cambo Estate, already has full planning consent from Fife Council. The company was formed in May 2009.

The founding director, project manager and future distiller of Kingsbarns Distillery is Doug Clement, who has a first class honours business studies with marketing degree from the University of Abertay Dundee. 

 

He has predicted a “worst case” scenario of 25,000 visitors paying for tours every year, with numbers possibly exceeding 80,000.

Earlier this year the company embarked on a well publicised “crowdfunding” initiative through the internet.

 

Mr Clement said that despite not reaching its target and expiring, this received fantastic national and international publicity resulting in interest from other Scottish private sector investors.

The Scottish Government announcement states that the award is towards the £2,234,807 renovation and conversion the existing building into a distillery, together with the purchase and installation of a 1.5 tonne mash turnkey whisky distillation system.

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