The company is currently reviewing a number of applications from local businesses and charities all hoping to win a share of £5,000.

Working alongside the Musselburgh Community Council, the property developer intends to donate £1,000 to five enterprises to help build and develop their profiles within the ‘Honest Toun’.

Craig Fairfoull, head of sales and marketing at Dundas, said: “After extending our deadline and allowing local businesses and charities the opportunity to apply; we have been inundated with inspiring and fascinating entries.

“We are now sifting through the applicants in what will be a very difficult decision to make. We would like to thank everyone who has taken the time to apply, and we look forward to revealing the recipients soon.”

Applicants thus far include a variety of organisations from mental health charities and child development projects to festival planning. The application deadline closed in July.

The roll out of the fund comes as the Livingston-based firm launched its 140-home Wireworks development in the town, forming part of its pledge to deliver lasting benefits to the local area and in addition investing section 75 contributions of up to £400,000 towards schooling and infrastructure.