37 Isle of Man athletes will receive Manx Sports Aid support for the next year.
And swimmer Grant Halsall is the first recipient of the Gubay "Chase Your Dream" Scholarship to help fund a place at Plymouth College.
Two years ago, Albert Gubay gifted one million pounds to the Sports Council to be used for sport and educational purposes.
He says when he retired back to the Island, he didn't want to see anyone end a promising sporting career because of financial issues:-
IoM men's squad relishing TNS test, says Bass
Manx national side facing Welsh champions in friendly this weekend
2026 King's Baton Relay to start on Island this weekend
Five-day event coming to Manx shores ahead of 2026 Commonwealth Games
Nickolas Ellis impresses at Le Mans
Island-born driver battles to top-ten place
Caomhan Canny hoping for TT return after 2026 withdrawal
Rider also confirms he's parted ways with Scott Racing
Classic sidecars confirmed for 2026 Southern 100
It follows 'overwhelming' response to initiative after modern machines excluded