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11/09/2017

Youth Investment Fund

Youth organisations will receive £40 million to boost the skills and life chances of young people living in disadvantaged areas, Minister for Sport and Civil Society Tracey Crouch announced today.

The money is set to benefit 300,000 young people, providing new opportunities for them to get involved in their communities, support their personal development and get the skills and confidence they need to enter the workplace.

It will be used to create new youth clubs in rural areas, expand sports projects to build the confidence of young people encouraging them to get active and increase services providing support and guidance to young people.

The Youth Investment Fund - made up of government and National Lottery players money from the from the Big Lottery Fund - will be shared by 86 youth organisations in East London, Liverpool City Region, West Midlands, Tees Valley and Sunderland, Bristol & Somerset and Eastern Counties over the next three years.

Minister for Civil Society Tracey Crouch, said:

This investment from the government and National Lottery players will have a transformational effect on the lives of some of our most disadvantaged young people. It will help thousands who might otherwise have gone under the radar flourish. Local voluntary and community youth organisations already do so much fantastic work and this £40 million will enrich the lives of many more young people throughout England.

Dawn Austwick, Chief Executive, Big Lottery Fund said:

The Youth Investment Fund is a welcome boost for the many great community organisations that work with young people locally. Money raised by National Lottery players creates opportunities for young people to build on their talents and strengths and the Youth Investment Fund is an important part of the jigsaw for the youth sector.

The fund will allow the chosen organisations to expand the services they provide to young people, and sustain them over the coming years.

The New Philanthropy Capital and the Centre for Youth Impact will work alongside each of the 86 organisations to evaluate the impact of their work with young people.

We are delighted that five organisations in Somerset have been awarded grants and over the next three years they will receive:

  • YMCA Taunton - £143,300
  • Minehead Eye - £147,729
  • SRYP - £577,638
  • YMCA Somerset Coast - £749,999
  • • YMCA Mendip - £750,000