The Staffordshire Hoard is thought to date to the 7th Century
A summit of council and government agencies has agreed to combine to raise the money needed to keep a hoard of Anglo-Saxon treasure in the Midlands.
The Staffordshire Hoard was found in a field in the county and is being valued at the British Museum in London.
More than 40,000 visitors saw it when it was shown at Birmingham Museum and Art Gallery in September. Experts said it was worth a "seven figure sum".
West Midlands Minister Ian Austin said he was sure the cash would be raised.
An official evaluation is expected to be given at the end of November.
It was declared treasure by the South Staffordshire coroner Andrew Haigh, which means the artefacts are in the temporary custody of the Crown.
Mr Austin said the British Museum and the government backed the campaign
The hoard of about 1,500 gold and silver items were found by metal detector enthusiast Terry Herbert, 55, of Burntwood, Staffordshire, in July.
Under the Treasure Act of 1996, Mr Herbert and the landowner will share the monetary value of the hoard, which has to be paid for by the bodies or organisations wishing to display it.
Mr Austin chaired the summit in Birmingham on Friday and said: "There's no question about it. This was found in the West Midlands and it has to stay in the West Midlands. We've got to raise the funds to get it back here and working together I think we can do this."
Mr Austin said the impact of having it in the region would be "incalculable" in terms of the tourism, education and heritage benefits.
He said both the government and the British Museum wanted to see treasure on permanent display in the region.
Among the delegates at the summit were council leaders from across the region, senior officials from the Department of Culture Media and Sport, as well as representatives from the regional development agency Advantage West Midlands and the Heritage Lottery Fund.