The programme, jointly funded by the European Social Fund and the London Development Agency (LDA), is open to organisations that help young people gain skills and training.
The deadline for applications is 31 May and the LDA has organised workshops to help groups through the application process.
Boris Johnson said: "This funding will provide skills training in young offender institutes and job placements and continued support for youngsters when they are released."
Johnson said the fund launch was the first step in realising his vision for a "radical new approach" to rehabilitation of first-time young offenders in custody, set out in his youth plan Time for Action.
Register Now to Continue Reading
Thank you for visiting Children & Young People Now and making use of our archive of more than 60,000 expert features, topics hubs, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's Included
-
Free access to 4 subscriber-only articles per month
-
Email newsletter providing advice and guidance across the sector
Already have an account? Sign in here