Nottinghamshire County Council's £1m Olympic sport fund
Sports clubs and organisations in Nottinghamshire are set to be given £1m to help capitalise on the popularity of the Olympics and Paralympics.
Nottinghamshire County Council said the fund would support sports development across the county.
It has also proposed funding of £900,000 for Trent Bridge cricket ground to help secure Ashes tests.
The authority said the money would form a lasting legacy for a golden future of sport in Nottinghamshire.
The £1m Olympic and Paralympic Legacy pot will help local sports organisations promote sport and nurture talent to find the sports stars of the future, said the county council.
Separate funding will go to Nottinghamshire County Cricket Club to partly fund a new scoreboard and replay screen at Trent Bridge.
The authority said this will help ensure Trent Bridge hosts two Ashes tests over the next four years and bring £30m of economic benefit to the county.
Paralympic medallist Oliver Hynd, who won gold, silver and bronze at London 2012, said: "Grants such as this are vital to help athletes be able to concentrate on their sport and I am confident that this money can help find the sports stars of tomorrow."
Lord Coe, chair of London Organising Committee of the Olympic Games (Locog), has praised the authority for setting up the fund.
The plans will be announced in front of London 2012 medallists Richard Whitehead, Oliver Hynd, Sophie Wells and Sam Oldham at a reception at Trent Bridge later.