UK Sport has awarded an extra £65.3m to Olympic and Paralympic events as a first step ahead of London 2012.
Summer Olympic sports are to receive an extra £58.8m up to 2008 and summer Paralympic sports will get £6.5m.
It means all Olympic sports other than football and tennis will receive at least £465,000 a year.
UK Sport will "review progress" after the 2008 Beijing Olympics before deciding how funds will be allocated in the four years up to 2012.
Sue Campbell, the chair of UK Sport, said: "We have started a six-year process that will not just deliver medals in 2012 but help transform the high-performance system in this country.
"Allocating funding across so many sports is never easy but a decision eventually has to be made about the relative merits of competing demands.
"It is for the sports and athletes now to prove by their performances in the next three years that this investment is justified and indeed should be increased as they build up to London 2012."
Feature: What difference will the funding make?
A total of £17m will be invested in 2006/7, £23.2m in 2007/8 and £25.1m in 2008/9.
The remainder of the government funding will be phased in over the three years leading up to the 2012 Games, subject to all 27 sports meeting designated performance targets.
"There is a very clear roll-out planned," said UK Sport Performance Consultant Peter Keen. "We are not just spending it all up front.
"There will be expansion of budgets with respect to expansion of performance."
Olympic Minister Tessa Jowell welcomed the news.
"UK Sport have got out of the blocks quickly and shown just how serious we all are in our determination to give the potential medallists of 2012 the maximum possible backing for their ambitions."
FULL LIST OF OLYMPIC SPORTS AND FUNDING INCREASES
Archery
Funding '06-09: £2,371,000
% increase in '06/07 on existing award: 66%
Gold medals available: 4
Team GB Max Squad size: 6
Athletics
£20,378,000
7%
47
153
Badminton
£6,953,000
25%
5
24
Basketball
£3,990,000
n/a
2
24
Boxing
£4,660,000
337%
11
11
Canoeing
£10,789,000
23%
16
28
Cycling
£17,494,000
22%
18
28
Diving
£4,586,000
15%
8
12
Equestrian
£9,618,000
48%
6
15
Fencing
£2,719,000
147%
10
18
Gymnastics
£7,253,000
32%
18
19
Handball
£2,986,000
n/a
2
30
Hockey
£8,573,000
112%
2
32
Judo
£5,484,000
21%
14
14
Modern Pentathlon
£4,658,000
19%
2
4
Rowing
£20,049,000
8%
14
49
Sailing
£17,194,000
9%
11
18
Shooting
£4,817,000
151%
15
31
Swimming
£16,699,000
36%
34
68
Synchronised Swimming
£1,617,000
n/a
2
9
Table Tennis
£2,219,000
129%
4
14
Taekwondo
£2,284,000
109%
8
4
Triathlon
£3,897,000
4%
2
6
Volleyball
£4,040,000
n/a
4
32
Water Polo
£3,133,000
n/a
2
26
Weightlifting
£1,437,000
87%
15
10
Wrestling
£1,992,000
379%
18
18
Total £191,890,000
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