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Youth Investment Fund

Asked by Ben Obese-JectyConservativeDepartment for Culture, Media and SportTabled Answered 20 December 2024UIN 19897

The question

To ask the Secretary of State for Culture, Media and Sport, what plans there are for a third phase of the Youth Investment Fund to be launched in 2025.

Answered by Stephanie Peacock

More than £85 million will be allocated in recognition of the urgent need for more youth facilities. This will include £26 million of new funding for youth clubs to buy new equipment and undertake much needed renovations via the Better Youth Spaces programme. This funding will also enable the completion of current Youth Investment Fund projects.

Any further capital investment in youth facilities would be subject to the next stage of the Spending Review.

This Government fully recognises the importance of youth services to help young people live safe and healthy lives, and we are committed to giving all young people the chance to reach their full potential.

The Culture Secretary has also announced that £100 million from the next tranche of dormant assets funding will be used to deliver youth outcomes between 2024 and 2028, supporting the provision of services, facilities and opportunities for young people across the country.

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