Mull Rally, Tiree Wave Classic and Oban Games are some of the cultural events to share a funding pot of £90,000.
Argyll and Bute Council’s Policy and Resources Committee agreed that 10 events from across the area would divide the money.
Mull Rally returned for its 50th anniversary in October following a two-year break. It was Scotland’s first closed-road rally and brings £1million to the island’s economy.
Tiree Wave Classic, also run in October, is the world’s longest standing professional windsurfing competition.
Oban Games take place at Mossfield Stadium and run alongside the Argyllshire Gathering in August. They include a gathering of the Argyll clans and prestigious piping and highland dancing competitions.
Other events to benefit include Jura Music Festival, Mull of Kintyre Music Festival, Helensburgh Winter Festival, Bute Noir, Cowal Highland Gathering and Carradale Music Festival.
Following changes to the application process introduced by the council earlier this year, the fund now focuses on events which will generate the maximum economic value for Argyll and Bute.
Depute Policy Lead for Economic Growth, Councillor Jim Anderson said: “Argyll and Bute is very fortunate in playing host to such a wide range of cultural events encompassing everything from literary and music festivals to Highland games and sport.
“The fund is supporting events that are set to contribute significantly to the culture, heritage and economy of Argyll and Bute, and will have a strong appeal for local, national and international audiences.”
All the events receiving funding will be held between April 1 next year and February 28 2021.
