Read all about it.
Managing Body Appointed to Provide Support and Investment in Youth Third Sector
Dated: 06/08/2008
Managing Body Appointed to Provide Support and Investment in Youth Third Sector
A consortium led by ECOTEC was today announced as the successful bidder to act as the managing body for the Government’s £100 million Youth Sector Development Fund (YSDF).
The other three consortium members are Rainer Crime Concern, Business 2 Business and Prime Timers. The consortium will provide an integrated package of business support as well as administering grants to successful third sector organisations who work with some of our most vulnerable young people.
The managing body will provide mentors to third sector organisations selected to receive YSDF funding as well as supporting them to develop and implement more effective business systems and expand their provision.
Minister for Children and Young People, Beverley Hughes said:
“I am delighted with the appointment of the ECOTEC led consortium as the Youth Sector Development Fund Managing Body. Each consortium member brings very real experience that will enable them to support effective youth third sector organisations, build their capacity and achieve sustainability. This appointment demonstrates this Department’s commitment to the sector, recognising the excellent work that such organisations do, and often with the most disadvantaged young people.”
ECOTEC's Technical Director, Chris Walker, says:
The YSDF is an important new development in building the capacity of third sector organisations to provide young people with the services they need. We are very excited to be offered the opportunity to bring together the broad range of skills in this partnership to develop the capacity of the selected third sector organisations and manage the delivery of the programme.”
The Youth Sector Development Fund offers the opportunity for third sector organisations working with young people to bid for a mix of innovative investment and bespoke business support. Earlier this month the second round of YSDF funding was launched, making up to £30 million available to ambitious youth third sector organisations looking to build their capacity and achieve long term sustainability.
Five third sector organisations have already been allocated grants totalling £27 million through the YSDF. They are - Kids Company, UK Youth, LEAP Confronting Conflict; Fairbridge and Speaking Up.
Subscribe to our RSS feed.
Subscribe to our RSS feed to receive all the latest E-education news as and when it happens.
