Aston Martin and the Birmingham Post are among eight companies and projects in the West Midlands set to benefit from £31 million in Government funding.
The Department for Business, Innovation and Skills has unveiled the recipients from round five of the Regional Growth Fund (RGF), an economic stimulus package launched by the Coalition.
The projects are expected to create and safeguard 4,000 jobs and attract a further £200m in private sector investment.
The six other recipients are Birmingham-based trio HydraForce Hydraulics, Sertec and Sense and Sense International, Maier UK in Lichfield, Coventry's MTCE and Staffordshire Chambers of Commerce.
When added to the first four rounds, this latest cash boost, which is subject to due diligence, represents a total of £430 million in RGF capital for 69 projects and programmes in the West Midlands.
The Government said this had raised £3.3 billion worth of private sector investment and would create and safeguard up to 114,000 jobs in the region long-term.
Skills and enterprise minister Matthew Hancock is visiting Birmingham today to see how signage and graphics company Hollywood Monster has benefited from the money it received from round two.
It was awarded £100,000 from the Birmingham Post Growth Fund to purchase printing equipment and create eight jobs.
The Post has teamed up with the Longbridge-based Bournville College again to run a similar programme after receiving £5 million from this latest round of RGF awards.
Mr Hancock said: "News that companies and projects in the West Midlands have secured £31 million from round 5 of the Regional Growth Fund is a real vote of confidence for the region.
"This builds on the £400 million already committed from earlier rounds of the competitive fund which are helping leading businesses like graphics experts Hollywood Monster to grow and create vital new local jobs."
A total of 37 companies and 13 projects across England, whittled down from 133 applicants, have received awards from this latest round of the RGF, totalling just over £300 million.
Round 6 of the Regional Growth Fund, the last round in this Parliament, will open for applications in the summer.