Wandsworth Arts Fringe events are set to receive a £20,000 grant from the council ahead of the May festival.
Puppets with Guts, a previous fringe event
The grants, which will go to the executive for approval, were assessed by Wandsworth Council's grants overview and scrutiny committee on Wednesday.
Shows which will be supported by the council include a mask and puppet show called Reynard the Fox to be held in St George's Hospital.
A project presenting a series of short films on gambling addictions at the Cat's Back will be supported with £1,620.
In addition, the council has earmarked funding for community projects and charities across the borough.
Councillor Will Sweet, chairman of the committee, said: "The amount of money that Wandsworth makes available is very generous.
"It is quite rare that we have to make a tough decision on whether to support something.
"What was really pleasing this time round was that applications from our summer meeting have improved their case and we can now support them.
"One example, which I think is a great scheme, is the business launchpad."
The business launchpad scheme will receive more than £5,900 to target 100 disadvantaged and vulnerable young people aged 16-30 to get them into training for marketing, money and management.
Coun Sweet said: "I personally feel very strongly about the arts fringe, it is a great thing for the borough.
"It allows us to support culture in the borough and it allows us to open up venues for arts.
"There are a wide range of art forms, which will attract lots of people."
The arts fringe will be held between May 6 and 22.
The grant allocation will go forward to the executive on January 25, which will make the final decision on allocation.