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Rowing and cycling have each been awarded $12 million in the latest round of Sparc funding.
The funding is over four years, which includes the 2012 London Olympics.
However it is conditional on athletes performing over the next two years, which would guarantee funding for the following two years.
Yachting receives $8.6 million, swimming $5.4 million, athletics $5.2 million and triathlon $4.8 million.
Sparc high performance manager Martin Toomey says the investment decisions support the goal of more New Zealanders winning on the world stage.
"Priority has been given to sports with the greatest chance of success. We have had to be uncompromising in applying criteria based on past performance and the likelihood of future success, " Toomey said.
"This investment supports Sparc's High Performance strategy aimed at creating depth rather than breadth at the elite level. This approach paid off in Beijing and I firmly believe it will produce results in London."
Under the High Performance Strategy 2006-2012 New Zealand is targeting at least 10 medals for the London Olympics.
- NEWSTALK ZB, NZ HERALD STAFF
