The new distillery, based in the Highland town of Dingwall, aims to put distilling back at the heart of the community, and offers investment opportunities for as little as £250 to locals.
However, while the distillery will maintain a high level of local ownership, a share offer is also open to whisky lovers worldwide.
The new GlenWyvis Distillery will be built on a farm above the town of Dingwall, 90 years after the last of the town’s original distilleries closed down, and will be powered entirely by green energy.
John F Mckenzie, who came up with the idea for the new distillery, said: “We are seeing a very strong early interest in our community share offer with nearly 400 pledges already.
GlenWyvis will be built on its whisky heritage, its community-ownership and its environmental credentials.”
Kelly McIntyre, programme manager at CSS said: “This is one of the biggest community projects we have been involved in and we hope it will make a seismic impact in the kind of projects that we will see coming forward to work with Community Shares Scotland in the future.”
Construction of the distillery is due to commence in June 2016 with the first run of whisky planned for Burns Night 25 January 2017.
The distillery will produce craft Scottish whisky and there are plans for an associated Visitor Centre in the town.