Five million pounds of inward investment has been pulled into the Black Country after a special project - aimed at supporting expanding businesses - exceeded all hopes.
The last of 46 awards to small, growing businesses is now being finalised under Black Country Investment's relocation grants scheme.
Overall spending from companies given backing has resulted in £5.09 million of investment, excluding property costs, against an original estimate of just £1.45 million - three times more than expected.
Launched two years ago, it got an initial £218,000 from the European Regional Development Fund to distribute to qualifying companies.
As a result, 276 new jobs have been created and a further 830 safeguarded, against predictions of 100 and 92 respectively.
"The results have vastly exceeded our expectations," said Graham Ropson, BCI's investment manager. "Our grants have enabled successful Midlands businesses to locate and remain in the Black Country. As these companies expand, we've been able not only to safeguard jobs for the area, but also help create them."
Under the terms of the grant, up to £7,500 is awarded to small or medium sized businesses depending on the overall level of project investment.
BCI is keen to encourage innovative, high-growth firms and over the past two years has supported activities including the manufacture of the driveby-wheelchair car, interactive motion simulators, energy conserving cladding brackets, omega 6 rich pet foods and disability access solutions.