Funding news

£115m Funds Will go Direct to Young People for the First Time - Wednesday, 8 March 2006

Young people from 13 to 19 will have responsibility for deciding how a £115m fund is spent, Children’s Minister Beverley Hughes announced today.

The funds are a key part of the radical reform of services for young people set out today in Youth Matters: Next Steps.

Funding of £115m will be available over two years through the Youth Opportunity Fund and the Youth Capital Fund - ring fenced money that young people will be able to bid for from their local authorities to improve facilities and activities in their neighbourhood.

This means that around £500,000 will be available in an average local authority and over £2m in the very largest and where the need is greatest over the next two years.

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