Big Lottery Fund
In January 2018, the government announced that 90 million from dormant bank and building society accounts will fund projects to support young people furthest from the labour market into employment. The programme will be designed jointly by the Department for Digital, Culture, Media and Sport, the Department for Education, the Department for Work and Pensions and the Big Lottery Fund, with input from young people.
This statement signals the beginning of an engagement phase, which will inform the design of the programme. Government will then issue policy directions to the Big Lottery Fund, setting out what should be taken into account in determining who receives the money and the purposes for which the money can be distributed. This is in line with the Dormant Bank and Building Society Accounts Act 2008. This was announced by the Prime Minister on 19th March 2018.
The statement sets out the following:
This statement has been published jointly by the Department for Digital, Culture, Media and Sport and the Big Lottery Fund.
To take part in the engagement phase of the programme, please visit Big Lottery Funds website.