The Big Lottery Fund has announced that it will spend at least £30m next year on projects that support young people.
The new funding will be given to charities and public sector bodies that assist young carers, young people leaving care and young offender institutions. At least 80 per cent of the funding will be allocated to charities and community groups.
Peter Wanless, chief executive of the Big Lottery Fund, said the grants would last for up to five years and would be worth between £150,000 and £500,000 in total, although it was possible that larger grants would be made.
He said the £30m would be allocated next year, but it was not yet clear whether it would be made available before or after the general election, which is due be held by June 2010.
Wanless said a panel of young people would help to decide which projects would receive funds under the scheme. Funding applications that young people had directly contributed to would be looked upon favourably, he said.
The Big Lottery Fund is inviting charities to provide feedback on how the funds should be allocated by emailing firstname.lastname@example.org by 15 January 2010.