Funding worth £88 million has been earmarked to support local businesses and other community groups across the West Midlands. West Midlands Combined Authority has approved its UK Shared Prosperity Fund investment plan which will trigger the Government's release of the money to the region over the next three years.
The authority's board has agreed that £42 million of the funding should be targeted at helping local businesses, with the remainder being passed directly to the region's seven local councils in Birmingham, Coventry, Dudley, Sandwell, Solihull, Walsall and Wolverhampton.
The group will use that funding for community and neighbourhood infrastructure work, including new green open spaces and to support community groups.
