It's good to see that the UK Dormant Assets Scheme has announced that it has reached £1bn! The Dormant Assets Scheme takes unused financial assets and releases them to good causes. With one in eight young people not in education, employment or training, it’s critical that we address the youth unemployment crisis in this country. Thanks to the Dormant Assets Scheme and the Reclaim Fund Ltd, we are able to identify solutions that work for young people. Funded through the Dormant Assets Scheme, our systems change programme, Connected Futures, has helped us to develop and test new approaches to breaking down barriers and improving access to employment for young people from marginalised backgrounds across the country. Last month we visited our Connected Futures Blackpool partner, Right To Succeed, for a tour that showcased the place-based initiatives helping to transform the lives of young people. Read more ➡️ https://lnkd.in/e6p2F8aR
This is such an inspiring milestone! Reaching £1bn through the UK Dormant Assets Scheme is a testament to the power of innovative solutions in driving meaningful change. It’s heartening to see initiatives like Connected Futures making a tangible difference in breaking down barriers for young people from marginalised backgrounds. Keep up the incredible work—this is how we build a brighter, more inclusive future! 👏
Would love to know ho, as a small social mobility charity, we can tap into these funds either directly or via a third party. Any advice?