£46 million has been handed out to a number of businesses in the region to help create jobs and promote growth.
The average house price in Cambridge has now topped that of London with the cost of property in the city rising by 14% in the past year.
The rise in house prices in the East of England has fallen behind national averages according the biggest property survey in the UK.
There's been a rise in the humber of homes being sold here in the East with experts reporting the housing market is almost as strong as it was 7 years ago.
The latest figures from the Royal Institute of Chartered Surveyors show that each surveyor's dealing with 23 sales a month here in The East of England - the highest number since February 2008.
The report says that all the signs are the housing market is showing signs of recovery across the country.
House prices in East Anglia are still rising faster than most parts of the UK despite a slight slow down during March.
In the first quarter of 2014, property prices in East Anglia rose by 2.9% according to the Nationwide building society. Only two other regions - London and the North - saw bigger rises.
The average price of a house in East Anglia is £179,718, which is 9.5% more than a year ago.
Cambridge is fourth in the list of highest rising prices after Manchester, London and Brighton.
The city saw a 14% year-on-year increase with the average house now worth £405,540 which is more than in London.
Police in Suffolk are warning people to be on their guard after two skimming devices were discovered on petrol pumps at a supermarket in Sudbury.
The devices can be used to steal personal details from bank cards and allow fraudsters access to bank accounts.
Police were called to the Tesco filling station in Springlands Way, Sudbury at around 6.30pm on Sunday 23 March after a man reported finding a skimming device on one of the pay-at-pump petrol pumps. Police then found a second device.
It's not known how long the devices had been on the pumps and people who've used the pay at pump facilities at the filling station are being asked to contact their bank to check for any unauthorised transactions.
The Government has announced it will introduce a 12-sided £1 pound coin, in the same shape as the old Threepenny bit.
The new coin has been described as a "giant leap into the future", and the Treasury say it will be "most secure coin in circulation in the world".