Ross KangI am rather late to tooting this...
(Also the decision-making process took longer than we expected.
It was a very valuable learning experience!)
This was the first ever start up fund for a mathematics Diamond OA journal.
We decided to support two journal initiatives.
https://www.mathoa.org/announcement/
One of the journals (Combinatorial Commutative Algebra, https://mulpress.mcmaster.ca/CCA/index) has already launched!
With warm congratulations to both projects, we wish you much success in the coming years!