Banagher has received €50,000 in funding under the REDZ (Rural Economic Development Zones) initiative.
The funding will be used enhance the town around the marina in the Offaly town on the banks of the Shannon.
Funding was also provided for projects in Kilcormac and Birr.
Minister for Arts, Heritage, Regional, Rural and Gaeltacht Affairs, Heather Humphreys, TD, announced details of the €5.3 million REDZ (Rural Economic Development Zones) initiative, which aims to stimulate economic development in rural towns and their hinterlands.
Under the 2016 REDZ scheme, just over €5.3 million is being approved to 41 projects nationwide, with €1.9 million going to projects in the North and Western Region, €1.3 million for projects in the Southern Region and €2.1 million for projects in the Eastern and Midlands Region.
Announcing the funding, Minister Humphreys said, “The REDZ scheme aims to improve links between rural towns and their hinterlands to stimulate activity at a local level. It is one of a number of schemes which my Department has been rolling out to boost economic activity and improve living standards across rural Ireland.