# Agile State Financing This financial governance model focuses on overcoming the rigidity of traditional budgetary cycles to accelerate state modernization. It is based on three pillars: milestone-based funding, focus on Return on Investment (ROI), and the reuse of technological solutions between different agencies. --- ## Entries - **American Case (TMF):** The [Technology Modernization Fund](https://tmf.cio.gov/) operates as an investment vehicle that releases capital incrementally; agencies only unlock funds as they complete specific project milestones, ensuring accountability and a measurable return on taxpayer money. It has invested over $1.05 billion in 70 projects to make the government more responsive and secure. - **French Case (FTAP):** The [Fonds de Transformation de l'Action Publique (FTAP)](https://www.modernisation.gouv.fr/accompagner-les-administrations/fonds-pour-la-transformation-de-laction-publique) was created in 2017 to support projects that transform processes and work methods, with a multi-year budget that reached €1.1 billion. Like the American model, it requires transformation contracts with clear ROI targets, aiming to save one euro for every euro invested over a three-year horizon.