The project, called the Genetic Health Initiative, will be carried out by five Scottish medical schools and will eventually recruit a cohort of 50,000 individuals, aged 35-55 years, over five years.
Today's funding supports a three-year feasibility study that will recruit 15,000 individuals.
Researchers will gather demographic, lifestyle, and clinical information along with information on the heart, blood vessel function, and wellbeing. Blood samples will be taken for biochemical tests and the assessment of genes that contribute to disease.
According to the Scottish Executive,
The initial three-year study will focus on cardiovascular disease, depression, schizophrenia, and osteoporosis.