The Government has developed nine plans aimed at boosting regional development, and will spend €180m implementing them.
The plans cover every region in the country, with the first of the plans for the mid-west region launched today in Nenagh, Co. Tipperary.
The funding is designed to generate new projects which will create new jobs and help companies to grow in the region.
The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar said one of his priorities is to have 2.5 million people employed in the country by 2024.
"We want these to be good, long-term jobs in every county.
"We've developed nine, region-specific plans to do this and are investing up to €180m to aid their implementation.
"We want this to be a bottom-up approach, led by the local community, as they know what’s best for their area," Mr Varadkar said.
The remaining eight plans will be launched over the coming weeks.
Each of the nine plans have been developed throughout 2021 by Regional Steering Committees.
They set out time-bound actions that deliver the objectives.
"The Mid-West plan concentrates on measures to encourage innovation, focus on sustainability, enable enterprise growth in the region's city, towns and rural communities, and on increasing economic activity for local Start-ups, Microbusinesses and SMEs," said Minister of State for Business, Employment and Retail, Damien English.
Meanwhile, during a visit to Tipperary today, the Tánaiste officially opened Calibration Technology Limited's (CTL) new 1,100 sq. metre premises at Shannonside Business Park in Birdhill.
The ten-fold increase in the size of the building will be used as part of its expansion plans, which will see employee numbers increase to 30, from a current 20, within the next 5 years.
CTL provides accredited calibration services for laboratory dispensing equipment.