Innovative West Midlands projects in healthcare and green technology are set to receive funding from a £100 million Levelling Up pot - and the region's mayor Andy Street hopes that will help attract another £150 million of private sector investment.
Chancellor Jeremy Hunt this week confirmed in his Budget that 26 projects in three high-tech clusters in the UK would share the funding.
The scheme is designed to help those areas become global hubs and attract private R&D investment, creating new jobs, boosting regional economic growth and developing the technologies of tomorrow.
