Deputy Prime Minister Nick Clegg said the Regional Growth Fund is "all about" creating jobs.
Since 2010, the Coalition Government has created 1.3 million jobs in the private sector, he added.
The Regional Growth Fund is exactly what this country needs to go for growth - from family-run Cartwright Group in Manchester who are now expanding to create 300 jobs and train up to 30 apprentices every year for the next three years, to Toyota who will use the money to help increase their ability to develop and produce new generations of Toyota cars right here in the UK, securing jobs and creating opportunities for the future.
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Today should be dry with patchy cloud and sunny spells. Winds will continue to ease away through the day.
Fine and dry with some sunshine during the day. Feeling warm with light winds.
Beth Gardiner from Nottingham has become the first person with Down's Syndrome to get a place on a scheme for talented young dancers.