MSP Jamie Greene is urging local community groups to submit bids to the UK Government's Community Ownership Fund.
The second round is worth £150m.
The fund can allow community groups to take control of pubs, music venues, sports facilities, historic buildings and other facilities for the benefit of the public.
Eligibility criteria for the fund has also been extended meaning more groups locally can apply.
Mr Greene said: "The first round of funding delivered significant funding delivered to help save much loved assets across Scotland and I would encourage community groups across Inverclyde to bid to this fund.
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