An Early Intervention Fund established by CAN, the London-based social enterprise, and UBS, the international financial services firm, have announced its first investment.
Beyond Youth will use the investment from the CAN Early Intervention Fund to extend its ‘Chance2Change’ programme to support young people leaving care in the London Borough of Newham.
Beyond Youth is a social enterprise originally set up to examine and promote best practice in the ‘re-entry’ of young people and young adults leaving custody. Its ‘flagship’ Cognitive Behavioural Therapy (CBT) ‘Chance2Change’ programme has a successful track record in helping youth and adult offenders in custody and prisons, by tackling the emotional causes of offending.
The Early Intervention Fund loan, delivered in partnership with UBS, will allow Beyond Youth to extend their Chance 2 Change programme to young people leaving care in Newham. The pilot programme will equip young people with the emotional skills they need to help them transition to independent adult living.
Commenting on the investment, Emma Morris, founder and Managing Director of Beyond Youth said,
“We are thrilled to have received the support of the CAN Early Intervention Fund and are confident the project will support young people to move forward with their lives upon leaving the care system. It will help equip them with both the emotional and practical skills they need to embark on life after care and allow them to have the support and guidance needed to lead positive, fulfilling and happy lives. We are so pleased that the fund has valued the importance of this work with a group that is unfairly marginalised from society.”
Explaining the importance of the Early Intervention support, Robin Pauley, Chair of the Fund’s Investment Panel, said:
“I am delighted that our fund’s first investment is to help Beyond Youth deliver its excellent Chance2Change Programme to a new target– early intervention for care leavers in Newham. We look forward to working with more social enterprises to increase their sustainability, relieve pressure on public services, and most important, help children and young people at risk to achieve their potential in life.”
The CAN Early Intervention Fund is accepting applications for the next round of funding.
For more information, and to apply, go to the Early Intervention Fund pages now.