Youth Investment Fund

Department for Digital, Culture, Media and Sport written question – answered on 28th October 2019.

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Photo of Cat Smith Cat Smith Shadow Minister for Voter Engagement and Youth Affairs

To ask the Secretary of State for Digital, Culture, Media and Sport, with reference to the Chancellor of the Exchequer's announcement of a new £500 million youth investment fund, what the (a) capital and (b) revenue expenditure of that investment fund will be in each of the next five years; how that funding will be allocated; and when that funding will be made available.

Photo of Nicky Morgan Nicky Morgan The Secretary of State for Digital, Culture, Media and Sport

Funding from the Youth Investment Fund will be released from 2020-21, and DCMS officials are working alongside HM Treasury to confirm the details.We will be designing the fund in close consultation with young people, the organisations that work with them and other departments. We will communicate our plans for this as soon as possible.

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