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Home | News | Can youth funding help tackle the cost-of-living crisis?

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Scotland is in the midst of a cost-of-living crisis. Inflation rates have hit a 40 year high and a rise in prices for food, fuel and household energy has created an additional burden for millions of households. For families with children this burden has become particularly pressing. According to a recent Barnados UK Report, researchers found that 10% of parents were skipping meals weekly and a further 10% reduced their portion size so that their children would have enough to eat.

With families and young people expected to be some of the hardest hit, targeted support for this demographic will be urgently required. Whilst decision and policy makers will need to mobilize, the third sector could, and arguably should, have an important role to play in easing burdens for families, children and young adults.

For young people it is expected that there will be new demands for employability training and low-cost recreational activities. And for the organisations that serve these young people, the primary concern will no doubt be keeping the lights on. New forecasts project that the energy price cap will increase by 65% in October 2022 and this increase will leave youth clubs and groups with new dilemmas around running costs and their capacity to support and create new projects.

Since its formation in 2005, The Essentia Foundation has remained committed to improving the health and well being of young people across Scotland. If we examine the portfolio of Essentia projects, we can see that there are a number of awards that have actively aimed to reduce poverty and deprivation among families and assist them with a variety of financial pressures:

As we look towards the next 12 months, The Essentia Foundation will remain poised to provide emergency assistance to organisations and young people alike. Two grant making rounds will open over 2022/2023, with opportunities to acquire small grants that can be used to reduce inequalities for young people who are in need of assistance. Whether it be food parcels, staffing costs or the creation of free recreational activities for youth, The Essentia Foundation looks forward to continuing its grant making journey and tackle the cost-of-living crisis head on.



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