Alexander Stewart’s call comes as the second round of the fund opened for bids earlier this month.,
The deadline for applications is August 2.
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He said: “This fund has already helped to deliver millions worth of funding across Scotland so I would encourage Fife Council to ensure it puts in a bid for a share of this funding.
“The fund can help make many community projects across the Fife Council area a reality that our local people have wished to see for years.”
Mr Stewart added: “It will also directly empower the council by giving the money straight to them, which is exactly what our councils need after years of savage SNP cuts to their budgets.