The government has announced £80m of funding to support youth social action projects.
The funds will be available through two schemes of £40m each: a new Youth Investment Fund that will give grants in disadvantaged communities in England, and the charity Step Up to Serve’s #iwill youth social action campaign, which will give grants aimed at increasing the number of young people engaged in youth social action.
Half of the funds for both programmes will come from the government and the other half will be provided by the Big Lottery Fund, which will manage the Youth Investment Fund.
Funds under the Youth Investment Fund will be available to projects in 34 local authority areas, already decided upon, with funding available until 2020.
Further information on the application process for the fund will be published on the BLF website on 20 September, with the first awards expected to be made in the spring.
Step Up to Serve said it would launch the #iwill Fund in November, which would help to "transform the culture of community engagement and volunteering among young people, creating a habit for life through targeted investment in the social action journey for 10 to 20-year-olds".
It is hoped that the £40m investment will attract other funders to also put funds into the scheme.
Announcing the funds, Theresa May, the Prime Minister, said: "I want Britain to be the great meritocracy of the world, and a fundamental part of this is ensuring all young people get the best possible start in life.
"This new funding demonstrates our commitment and will be a huge boost for youth groups across the UK, giving young people, especially those from disadvantaged backgrounds, the opportunity to gain the experiences and skills they need to succeed in life."