diff --git a/src/industry_cmd.cpp b/src/industry_cmd.cpp
index b81ba18604..e1c2db2289 100644
--- a/src/industry_cmd.cpp
+++ b/src/industry_cmd.cpp
@@ -2040,12 +2040,13 @@ CommandCost CmdBuildIndustry(DoCommandFlag flags, TileIndex tile, IndustryType i
 	Industry *ind = nullptr;
 	if (deity_prospect || (_game_mode != GM_EDITOR && _current_company != OWNER_DEITY && _settings_game.construction.raw_industry_construction == 2 && indspec->IsRawIndustry())) {
 		if (flags & DC_EXEC) {
-			/* Prospected industries are build as OWNER_TOWN to not e.g. be build on owned land of the founder */
-			Backup<CompanyID> cur_company(_current_company, OWNER_TOWN, FILE_LINE);
 			/* Prospecting has a chance to fail, however we cannot guarantee that something can
 			 * be built on the map, so the chance gets lower when the map is fuller, but there
 			 * is nothing we can really do about that. */
-			if (deity_prospect || Random() <= indspec->prospecting_chance) {
+			bool prospect_success = deity_prospect || Random() <= indspec->prospecting_chance;
+			if (prospect_success) {
+				/* Prospected industries are build as OWNER_TOWN to not e.g. be build on owned land of the founder */
+				Backup<CompanyID> cur_company(_current_company, OWNER_TOWN, FILE_LINE);
 				for (int i = 0; i < 5000; i++) {
 					/* We should not have more than one Random() in a function call
 					 * because parameter evaluation order is not guaranteed in the c++ standard
@@ -2061,8 +2062,15 @@ CommandCost CmdBuildIndustry(DoCommandFlag flags, TileIndex tile, IndustryType i
 					}
 					if (ret.Succeeded()) break;
 				}
+				cur_company.Restore();
+			}
+			if (ret.Failed()) {
+				if (prospect_success) {
+					ShowErrorMessage(STR_ERROR_CAN_T_PROSPECT_INDUSTRY, STR_ERROR_NO_SUITABLE_PLACES_FOR_PROSPECTING, WL_INFO);
+				} else {
+					ShowErrorMessage(STR_ERROR_CAN_T_PROSPECT_INDUSTRY, STR_ERROR_PROSPECTING_WAS_UNLUCKY, WL_INFO);
+				}
 			}
-			cur_company.Restore();
 		}
 	} else {
 		size_t layout = first_layout;
diff --git a/src/lang/english.txt b/src/lang/english.txt
index 2573e41efb..fe06a7c03a 100644
--- a/src/lang/english.txt
+++ b/src/lang/english.txt
@@ -4784,6 +4784,7 @@ STR_ERROR_TOO_MANY_INDUSTRIES                                   :{WHITE}... too
 STR_ERROR_CAN_T_GENERATE_INDUSTRIES                             :{WHITE}Can't generate industries...
 STR_ERROR_CAN_T_BUILD_HERE                                      :{WHITE}Can't build {STRING} here...
 STR_ERROR_CAN_T_CONSTRUCT_THIS_INDUSTRY                         :{WHITE}Can't construct this industry type here...
+STR_ERROR_CAN_T_PROSPECT_INDUSTRY                               :{WHITE}Can't prospect industry...
 STR_ERROR_INDUSTRY_TOO_CLOSE                                    :{WHITE}... too close to another industry
 STR_ERROR_MUST_FOUND_TOWN_FIRST                                 :{WHITE}... must found town first
 STR_ERROR_ONLY_ONE_ALLOWED_PER_TOWN                             :{WHITE}... only one allowed per town
@@ -4798,6 +4799,8 @@ STR_ERROR_FOREST_CAN_ONLY_BE_PLANTED                            :{WHITE}... fore
 STR_ERROR_CAN_ONLY_BE_BUILT_ABOVE_SNOW_LINE                     :{WHITE}... can only be built above the snow-line
 STR_ERROR_CAN_ONLY_BE_BUILT_BELOW_SNOW_LINE                     :{WHITE}... can only be built below the snow-line
 
+STR_ERROR_PROSPECTING_WAS_UNLUCKY                               :{WHITE}The funding failed to prospect due to bad luck; try again
+STR_ERROR_NO_SUITABLE_PLACES_FOR_PROSPECTING                    :{WHITE}There were no suitable places to prospect for this industry
 STR_ERROR_NO_SUITABLE_PLACES_FOR_INDUSTRIES                     :{WHITE}There were no suitable places for '{STRING}' industries
 STR_ERROR_NO_SUITABLE_PLACES_FOR_INDUSTRIES_EXPLANATION         :{WHITE}Change the map generation parameters to get a better map