Both YB UK and local groups are led and run completely by young people usually with a Youth bank project manager as part of a County Council, helping them learn new skills, meet their needs and aid their communities.
[1] YB UK puts the money in the hands of young people, and is run at both a local area and national level by groups of young people, but adults can help as supporters, facilitators and advisors.
In 1999, five organisations, British Youth Council, Changemakers, the Community Foundation Network, the National Youth Agency and The Prince's Trust, who becameYB UK's consortium partners,[1] set up seven pilot YouthBanks,[3] in Bristol, Bradford, Highlands and Islands of Scotland, Northern Ireland, Northumberland, Tyne and Wear and Wales.
In September 2001, YB UK was successful in securing a million pound,[3] grant from the Community Fund, to develop a Central Development Unit to expand the pilot YB UK projects.
[1] YB UK received major grants from Comic Relief, the Football Foundation, the Department for Education and Skills and Skills National Voluntary Youth Organisation and the Big Lottery Fund's Young People Fund Grants to Organisation programme.