Developments in Essex could get £11.8m government money
Close to £12m could be given to four development projects in Essex.
Backing for two schemes in Colchester and one in Chelmsford and Harlow are among 12 approved by the South East Local Enterprise Partnership (SELEP).
It will now put them forward for consideration to receive money from the government's Growing Places Fund.
One of the projects, the Parkside Office Village at the University of Essex, could get £2.4m to build 16 two-storey business units.
SELEP said its £40m plan for projects in Essex, Kent and East Sussex could see more than 26,000 jobs created and over 17,000 new homes built.
It hoped the money would "push forward developments that may have stalled as a result of the financial climate".
About £4.9m has been earmarked for the North Colchester Connectivity project to improve transport into the town.
Enterprise West Essex at Harlow, one of the new enterprise zones announced by the government last year, could be in line for £3.5m.
It is predicted this would create about 5,000 jobs.
The Chelmsford North East Urban Expansion project could be allocated £1m towards the building of 4,000 houses in the Broomfield and Springfield areas.
SELEP comprises representatives from local authorities and business leaders in the south east of England.
Its chairman, John Spence, said: "We have prioritised schemes that will optimise growth and prosperity across SELEP.
"[They can] can be developed quickly and provide a timely boost to many of our growth areas."