The Legacy Active Places Fund has been opened to bids from across Scotland to allow people to benefit from Glasgow hosting the Games in 2014.
While the main Games budget is contributing to the building of major international arenas and refurbishing current venues in the city, the new fund will focus on local access and community projects.
Sports Minister Shona Robison unveiled the fund and said it would be available for new projects or refurbishment of existing centres.
She said: "The Commonwealth Games will be the biggest multi-sports event Scotland has ever hosted and provides a unique opportunity to create a positive and lasting legacy for Scotland.
"I want as many people as possible to benefit and to be inspired by the Commonwealth Games, to adopt healthier, more active lives. Of course, a lasting legacy from the Games is not just about getting more people active, it's also about creating a stronger Scotland in terms of our economy, culture and community.
"We want to see Scottish businesses win contracts and prosper, young people gain jobs and experience, our international reputation enhanced, and our communities celebrating the Games."
The cash will be available for a diverse range of projects with examples of skate parks, walking routes, outdoor adven- ture facilities, Bmx tracks and school sports facilities given as possible projects.
Applicants will have until February next year to submit bids.
The fund is in addition to the £5m Legacy 2014 Young Persons' Fund aimed at providing 2500 young people with employment opportunities and experience in the Games and the major sporting events Scotland will host, including the Ryder Cup.
Ms Robison visited the recently refurbished Royal Com- monwealth Pool in Edinburgh, built for the 1970 Games and which will host the 2014 diving competition.
Former Commonwealth and Olympic swimming cham- pion David Wilkie backed the fund and said the Edinburgh pool was an example of a lasting legacy of hosting games.
The 1970 Commonwealth Games winner of a bronze medal in Edinburgh said: "The impact of such a huge event happening in Scotland cannot be underestimated.
"This is a really exciting time for sport and I personally believe the Games coming to Glasgow in 2014 will have wide-reaching benefits for the country as a whole."