The community-led Cabrach Distillery, on the edge of Speyside, has received a funding package of almost £140,000 from responsible finance provider Social Investment Scotland (SIS), to support its long-term ambition to revive the local area. It follows the £500,000 investment from Highlands and Islands Enterprise (HIE) earlier this year to help with construction and redevelopment costs.
The Cabrach Distillery, which is gearing up to open in late summer, is a community interest company (CIC) and the flagship asset of The Cabrach Trust. The remote community was once home to a thriving illicit whisky trade, a legacy which the distillery is celebrating with the production of a new Single Malt Scotch Whisky and dedicated heritage centre.
The Cabrach is an area that has suffered from significant loss and depopulation and the Trust working to safeguard the community. As well as creating a dozen local jobs, it is hoped the new distillery will attract visitors from near and far, generating income to be reinvested in its regeneration plans.
The funding package from SIS has supported the distillery with the process of setting up for the bottling of its inaugural whisky, The Feering, a Speyside blended malt Scotch whisky made with casks donated by The Cabrach’s distillery near neighbours. The funding will also support day to day start-up operations of the distillery, such as production and performance monitoring.
Jonathan Christie, chief executive at The Cabrach Trust, said, “The Cabrach is renowned for its role in the birth of Scotch Whisky and completion of The Cabrach Distillery will contribute to a tale of renewal like no other. Our distillery will serve as the economic lungs of our community-led regeneration vision, creating much-needed permanent, skilled employment whilst attracting thousands of visitors to this special place, who will be able to discover the area’s rich history, heritage, and natural beauty.
“The support of likeminded partners such as Social Investment Scotland is invaluable. This is a bold idea, a unique social enterprise, being made possible through the sustained support of the Cabrach community, alongside an exciting blend of funding partners.”
Chris Jamieson, head of investments at Social Investment Scotland, added, “The Cabrach is filled with a rich heritage of whisky making and we’re pleased to support the Trust with its overarching plans for regeneration, creating secure and skilled jobs in the area. By providing access to affordable finance, in this case to help the distillery prepare for production, SIS is championing local organisations and social enterprises of all sizes to deliver greater impact for the communities and people they work with.”
The Trust also runs the Cabrach Discovery Trail and has launched a new Cabrach Tweed, and runs rural skills, wellbeing, and an events programme. Future plans include the restoration of the Old Cabrach School hall and house as the Trust’s learning hub which is intended to become a beacon for experiential learning at the centre of North East Scotland as well as the development of a café and heritage centre as part of the distillery site.
