Private equity foundation Impetus has been selected to "help drive a generational shift away from youth violence" as part of the government's long-term Serious Violence Strategy, the department said.
Working with think-tank the Early Intervention Foundation and the Social Investment Business across England and Wales, it will fund and support programmes and community partnerships working with children and young people at risk of being drawn into crime and violence.
The crime prevention strategy aims to intervene to help young people "as early as possible, to get on a positive path and succeed".
The organisation said it would do so by:
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