Walkerburn (Scottish Gaelic: Allt an Fhùcadair) is a small village in the Scottish Borders area of Scotland, on the A72 about 8 miles (13 km) from Peebles and 10 miles (16 km) from Galashiels. It was founded in 1854 to house the workers for the tweed mills owned by the Ballantyne family. It is the home of the Ballantyne Memorial Institute. The village also unusually houses a small number of science-based industries and many successful small enterprises. It boasts Scotland's first hydro electric scheme. Walkerburn has a population of around 740 (2020).