The four funds are a major innovation in Project Ireland 2040. Rather than allocating funding in a ‘business as usual’ way to Government Departments, money will be allocated competitively to the best projects, which leverage investment from other sources thereby ensuring that the impact of this investment goes much, much further. The funds will be open to applications from state agencies, local government, business, educational institutions, chambers of commerce, and others, but the ideal applications will be collaborative efforts that break down barriers and silos. The call for applications will open in the coming weeks.