The City of London Corporation’s charity, the City Bridge Trust, has awarded £1 million each year over the next decade to help The Prince’s Trust tackle youth unemployment in London.
This grant, which is in addition to the £15 million the City Bridge Trust regularly awards each year to support London-based charitable activity, will enable us to help more young Londoners gain the skills and confidence they need to move into work or training.
The £10 million grant will be spread across ten years, helping to fund our centres across London which support young people facing barriers like unemployment, bullying and homelessness.
It will help to fund a range of Prince’s Trust courses – including our Fairbridge Programme, an individually tailored personal development course for vulnerable young people.
Martina Milburn CBE, Chief Executive of The Prince’s Trust said
"I’ve met young people who have been told ‘no’ so many times that they’ve lost the confidence to walk out of their own front door. Tragically, some are too scared to go to school because of bullies and others do not have a safe place to sleep at night.
“Thanks to funding from organisations like the City Bridge Trust, The Prince’s Trust can help these young people get back on their feet. We help them find a job or even start their own business, building a future that they – and their children – can be proud of.”
Jeremy Mayhew, Chairman of the City Bridge Trust, said:
"The Prince's Trust has an excellent reputation for its work helping young people affected by unemployment, homelessness, and poverty. Tackling such problems is at the heart of the City Bridge Trust’s grant-giving strategy and we are confident that this 10-year grant will benefit many disadvantaged Londoners.”
Mark Boleat, Policy Chairman of the City of London Corporation said: “The issue of NEETS remains a cause for concern in the capital, with higher than average rates of unemployment among young adults. This issue not only impacts social mobility and cohesion but is leading to a skills gap in the workforce. The partnership between City Bridge Trust and The Prince’s Trust reinforces the Corporation’s on-going commitment to reducing youth unemployment and ensuring that young Londoners have the skills and opportunities to succeed in today’s fast-paced economy.”
Prince’s Trust, Job Ambassador, Seema Awan, added:
"The charity's 12-week personal development training course showed me that I had the skills and ability to succeed. Now I am in a position to empower other young people who face barriers, and inspire them to engage with the Prince’s Trust, as well as help shape the services offered to young people.”