Supporting young people furthest from the labour market into employment
We will also help to address the ethnic disparities in youth unemployment revealed in the Government’s Race Disparity Audit. As an independent organisation, with initial funding from dormant assets, we have the opportunity to deliver real and lasting change by identifying and championing what works.
Directly supporting those already tackling these issues, particularly in areas of high youth unemployment in England
Engaging employers and business organisations across the country to create opportunities with appropriate support for young people
Developing and sharing evidence about how best to tackle youth unemployment and using this evidence to influence practice and policy
Youth Futures Foundation announces Joe Montgomery as its Founding Chair.
A new, independent, not-for-profit organisation, the Youth Futures Foundation has today announced Joe Montgomery as its Founding Chair. The Youth Futures Foundation exists to support those young people furthest from the labour market into meaningful employment, helping them to reach their full potential. It will work to remove the barriers preventing such young people entering the labour market, including addressing the ethnic disparities in levels of youth employment revealed in Government’s Race Disparity Audit.
As Chair, Joe will lead a non-executive board responsible for setting the strategy and governing its social purpose. It will work with the public, private and voluntary sectors to support effective approaches and develop evidence about how best to tackle youth unemployment. The initial priority is to develop sufficient governance and operational readiness to take on the £90m of funding from dormant assets later in the year. Distribution of funds will start towards the end of 2019.
Joe brings extensive experience from the public and community sectors, with a focus on ensuring services benefit the most disadvantaged.
The £90m dormant assets funding offers an opportunity to deliver real impact for young people and the creation of the Youth Futures Foundation as an independent organisation allows us to develop new ways of delivering lasting change. Over the coming months, we will establish the strong governance and leadership needed to ensure we can use the dormant assets funding as effectively as possible. We are grateful for the support of the National Lottery Community Fund, Department of Digital, Culture, Media & Sport, and the youth sector so far, and look forward to working in partnership for the benefit of young people across England.”
Joe Montgomery, Founding Chair of Youth Futures Foundation
The work of the Youth Futures Foundation will be vital in helping to further tackle youth unemployment and break down any barriers preventing young people from entering the world of work. I am delighted to support the creation of this organisation, using funds from dormant assets, as another innovative example of how we are helping to deliver real improvements for the most vulnerable in our society.”
Mims Davies, Minister for Sport and Civil Society
Dawn Austwick, CEO of the National Lottery Community Fund
The Youth Futures Foundation has the opportunity to be a real game-changer to address these disparities across the country. The Advisory Group and I look forward to supporting Joe Montgomery and his team in achieving this ambitious objective.”
Simon Woolley, Chair of Race Disparity Advisory Group