Spalding and District Gymnastic Club is the town’s first business to get cash from South Holland District Council’s new Grants 4 Growth programme.
The £3,800 award will help towards the cost of installing thermal boarding on the club building’s external walls, which should slash heating bills by £500 a month.
Gym club coach Alec Harding said the club had been thinking about the insulation project for about 18 months and began searching for grants, which is when they learned about Grants 4 Growth.
He said: “We applied, and the entire process took less than a month to complete, from filling out the initial application to a final decision.
“In fact, it’s been the quickest, easiest grant we’ve ever applied for.”
Grants 4 Growth is funded by the European Regional Development Fund and is offering investment ready small and medium sized enterprises (SMEs) across Lincolnshire the opportunity to access cash totalling £1million.
Coun Howard Johnson, the district council portfolio holder for economic development, said: “We’re thrilled to have awarded Spalding and District Gymnastic Club nearly £4,000 in grant money, making them one of the first businesses in the region to take advantage of the funds available.”