A total of 62 towns across the country will share a €15.5m fund to boost tourism.
Fáilte Ireland will today announce the nationwide investment that will be made through local authorities.
The aim of the fund is to boost the attractiveness and tourism appeal of towns.
Through the scheme, every local authority in the country will be able to bid for funding of between €250,000 and €500,000 to develop up to two towns in their area that have the potential to become a 'destination town' for tourists.
Minister of State for Tourism Brendan Griffin will brief officials from all local authorities on the new investment scheme at an event in Dublin today.