The cash has been awarded to St Joseph Boxing Club in Newport, which is located in a rail-crime hotspot.
The funding will go towards new equipment and a computer room, as well as helping to pay for a minibus to transport members to and from the gym to encourage regular attendance.
Alan Milne, community safety manager at Network Rail, said: "Boxing teaches self-discipline, self-control and respect for others. These are important personal qualities to curb antisocial behaviour."
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