The fund is being backed by games organiser Glasgow 2014, Creative Scotland and Glasgow Life.
The programme is being organised in partnership by sportscotland, Youth Sport Trust and Glasgow 2014.
Glasgow 2014 said this was not "a lucky dip" and tickets would only be allocated for the events requested.
BBC: Glasgow 2014: Commonwealth Games ticket prices revealed
Sir Chris is 37 and had previously left open the question of whether he would compete at Glasgow 2014.
Outdoor clothing manufacturer Trespass will design and supply uniforms for the Glasgow 2014 Commonwealth Games workforce, it has been confirmed.
The Youth Olympics decision has also been welcomed by Lord Smith, chairman of the Glasgow 2014 committee for the Commonwealth Games.
We have received a record number of applicants and all those who have applied are already helping Glasgow 2014 make history.
Respondents saying they planned to buy tickets for Glasgow 2014 rose from 14%, in the last survey in March, to 29%.
Lord Smith said Glasgow 2014 had "thought long and hard about the pricing" and the process through which people would buy tickets.
BBC: Glasgow 2014: Commonwealth Games ticket prices revealed
Scotland's "other" national drink is to return to its original can design to mark its sponsorship of the Glasgow 2014 Commonwealth Games.
And 3D Reid, which worked on the Glasgow 2014 Commonwealth Games velodrome, has secured a position on the team delivering Rio's velodrome.
Preparations for Glasgow 2014 are the best for any Commonwealth Games in the past 20 years, according to the Commonwealth Games Federation (CGF).
Alexander McCall Smith will write the libretto for The Friendship Oratorio, which it is hoped can form part of Glasgow 2014 Commonwealth Games events.
It will host badminton events at the Glasgow 2014 Commonwealth Games.
The study also shows an upturn in interest from women, with 45% saying they were more excited about Glasgow 2014 after watching or hearing about London 2012.
Glasgow 2014 said at least 70% of all tickets would be available to the public, with just 8% set aside for sponsors, who would also have to pay.
BBC: Glasgow 2014: Commonwealth Games ticket prices revealed
Glasgow 2014 is one of the first major sporting events to allow 16-year-olds to apply and figures show that 18% of applicants were aged between 16 and 18.
Connolly also believes that Glasgow 2014 will have no problem recruiting up to 15, 000 volunteers required to help stage the games and that the events will be well attended.
BBC: Billy Connolly is Glasgow Commonwealth Games ambassador
We love taking part in everything and for something as big as the Commonwealth Games, people will be coming out in their droves to spectate and volunteer, without question Glasgow 2014 will be a huge success.
BBC: Billy Connolly is Glasgow Commonwealth Games ambassador
The velodrome, which is also part of the arena complex, is a 250m track constructed out of Siberian timber and has a permanent viewing capacity of 2, 000, with an additional 2, 000 temporary seats for Glasgow 2014.
The Glasgow 2014 bid's head of media, Rob Shorthouse, said that by displaying a Glasgow 2014 sticker in a prominent position in their window, Scottish businesses would create a huge visible presence for the bid this summer.
BBC: NEWS | UK | Scotland | Glasgow and West | City seeks firm backing for games
Mr Scott said the first minister had an "enormous task" in restoring the confidence in the Commonwealth Games by the time they came to Glasgow in 2014.
"Scotland has a growing reputation for staging successful world-class events and securing the 2018 Youth Olympic Games would be a fantastic opportunity to build on the experience and skills developed through delivering an outstanding Commonwealth Games in Glasgow in 2014, " he said.
Interest in Glasgow's 2014 Commonwealth Games has surged due to the London Olympics, a new survey has suggested.
It is hoped a deal with the Oceania National Olympic Committees, which include Fiji and Palau, will also take in the 2014 Glasgow Commonwealth Games.
Meanwhile - in a Tartan context - Alex Massie has been wondering whether Team GB's triumphs will give Scottish unionists a boost, whilst acknowledging that Alex Salmond may also derive some benefit from a good Scottish team performance in the 2014 Glasgow Commonwealth Games.
These include the Ryder Cup golf tournament at Gleneagles and Commonwealth Games in Glasgow, both in 2014.
England last staged the Commonwealth Games in Manchester in 2002, while the next Commonwealth Games will be held in 2014 in Glasgow.
Some 78% said the 2014 Games would positively affect Glasgow and Scotland, with 41% saying the London Olympics had increased excitement about 2014.
Emirates has been unveiled as the latest official sponsor of the 2014 Commonwealth Games in Glasgow.
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