Home Secretary Sajid Javid has launched the bidding process to choose an organisation or consortium that will run the £200 million Youth Endowment Fund. Announced in October as part of the Government’s long-term plan to tackle serious violence, the Youth Endowment Fund will provide a ten-year investment to support interventions that steer young people away from becoming involved in violent crime or re-offending.
The Fund will also build the evidence base for the most effective interventions for tackling serious violence.
Sajid Javid said: “The Youth Endowment Fund will significantly strengthen our response to serious violence and support action we are already taking, such as the Offensive Weapons Bill and the National County Lines Co-ordination Centre. I want the Fund to be up-and-running and saving lives as soon as possible, and look forward to receiving the proposals to run this substantial investment.”
Who will run the Fund?
The Youth Endowment Fund will be run by an independent organisation or body, similar to the way in which the Education Endowment Foundation is organised. It will invest £200 million and use the proceeds to fund projects designed to guide vulnerable young people away from violent crime, while also developing and sharing new knowledge of the approaches that are most successful.
The successful bidder will need to demonstrate an ability to:
*use sector knowledge and available evidence to identify the best projects to fund
*ensure robust evaluation of the projects, using this evaluation to build a body of evidence on what works in stopping children and young people from becoming involved in crime and violence
*share this evidence and Best Practice in order that it might inform policy-making, academic research and the local commissioning of services
*seek to grow the value of the Fund through attracting further contributions
*administer and manage the Fund as a long-term investment from April next year
Tackling serious violence
Prospective bidders to run the Fund will need to submit their proposals by 23 January. Full details on the application process are available on the call for proposals webpage.
The Youth Endowment Fund is one of three innovative new measures announced by the Home Secretary in October which also includes a new legal duty to underpin a ‘public health’ approach to tackling serious violence, for which a consultation is due to be launched shortly, and an independent review of drug misuse to ensure law enforcement agencies and policy teams are targeting and preventing the drug-related causes of violent crime effectively.
The Government also continues to deliver the 61 commitments outlined in the Serious Violence Strategy, including seeing the Offensive Weapons Bill (which is aimed at restricting access to dangerous weapons) through Parliament, delivering the £17 million Early Intervention Youth Fund, a new £3.6 million National County Lines Co-ordination Centre to disrupt violent drug gangs and a £1.4 million social media hub orchestrated to identify and take down online material inciting violence. The latter will open in early 2019.