The government will create a regional growth fund designed to boost those areas.
Some councils have prepared bids to the £100m Big Lottery Talent Match fund designed to finance youth jobs initiatives.
It is an index fund designed to mirror the performance of the entire United States stock market.
In 1990, Norway began channeling money from oil and gas into a pension fund designed to keep the country stable when the crude ran out.
He said his proposal would put the burden on banks "to contribute to a fund designed to manage bank failure, protect financial stability and limit contagion".
Spain's central bank has already disbursed €12 billion, or $15.5 billion, from a restructuring fund designed to encourage the cajas, or savings banks, to merge and cut costs.
When it came to power the coalition government scrapped a fund designed to offset the impact of immigration on areas most burdened.
First, it will set up a compensation fund designed to ensure that new entrants contribute to the cost of the USO in each market.
Strathclyde and Lightbody received a grant of £25,000 from the Interface Food & Drink, a Scottish fund designed to forge links between business developers and academic research.
Yet on Tuesday night Slovakia torpedoed the bill to boost the powers and size of the multibillion euro bailout fund designed to rescue Greece and other indebted countries.
Mr. Duncan has also been given authority over a $5 billion grant program called the "Race to the Top Fund," designed to encourage innovation.
