Since 2006, East Sussex has had a single panel of about 12 young people from across the county making decisions about how to spend its £273,100 of youth opportunity fund and £236,100 of youth capital fund monies.
But last year the young people decided to develop a YouthBank in an effort to make youth grant-making sustainable in the county.
Co-ordinator Tracey Johnson worked with the existing youth panel on the application for a licence from YouthBank UK.
Obtaining a licence requires operators to demonstrate that they have appropriate partners in place, that they share principles about empowerment and that they have funding available for two years.
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