More than 3,800 jobs could be created in Scotland thanks to European funding worth �17.2m.
The biggest single award of �8m will go to social and economic projects in the South Clydebank and Port Glasgow areas.
Deputy Minister for Enterprise Allan Wilson said the news was a "tremendous example" of how European funding could benefit Scotland.
Some other projects in line for the cash include training initiatives in and around Easterhouse and Pollok.
A Strathclyde University IT scheme will also recieve funding along with a Dunbartonshire-based drug services programme, which will be given �229,058. PROJECTED BENEFITS
- 3,835 new jobs
- 2,684 businesses helped
- 908 training places provided
Mr Wilson said: "Every time I visit a project supported by European money I am reminded of the real difference this funding makes.
"The money is used by our public sector partners to create jobs, support training schemes and underpins our drive for community regeneration."
He was speaking in Port Glasgow at the official launch of Inverclyde Energy and Safety Team (INVEST), a project designed to help businesses and households become more aware of the economic benefits of being energy efficient and safety conscious.
It has already received funding from Europe. IT project
Mr Wilson said: "I am delighted to be able to launch the INVEST Port Glasgow project.
"It is fitting that the launch is being held at the St Stephen's Enterprise Centre, a fabulous community facility again supported by cash from Europe.
"These are practical and impressive examples of how European investment is benefiting Scotland.
"The new projects supported by today's announcement will continue this good work."
Glasgow City Council has been awarded �507,527 to operate a three-year project to improve the work and training prospects for people living in greater Easterhouse, greater Pollok and north Glasgow.
Strathclyde University's Scottish Energy Systems Group will receive �176,831 for the continuation of a scheme supplying IT systems in low energy buildings. New markets
The new money is expected to create 30 new jobs and assist 120 businesses.
By the end of next year, �8m will be invested in South Clydebank and Port Glasgow.
The URBAN II Community Initiative fund money is targeted on areas to offset the social and economic problems associated with the decline of traditional industries.
More than 800 economic and social regeneration projects have been supported under the current European Programmes since 2000.
These projects have three common goals - to help individuals retrain or gain the skills to enter the labour market; support small and medium sized businesses expand and look for new markets and improve the infrastructure for economic development. BBC News