Speaking at an event last week in Westminster, Wilson revealed that he intends to offer a long-term grant to the BYC so it can continue and maintain its work including the UK Youth Parliament and other activities.
Jon Foster, chair of the BYC said: "Young people around the country will have a renewed sense of worth knowing the government values their views and opinions.
??“I'm really looking forward to working with the government and our supporters to ensure that together we can continue to play an active role in our democracy."
The UK Youth Parliament, which was founded in 1999, is made up of 600 elected members aged between 11 and 18. They all meet annually in the House of Commons to debate which issues they should campaign on.
James Cathcart, chief executive of the BYC, said: “We are very pleased with this commitment and stability which will enable us to confidently appeal for matched funding, donations and sponsorship to deliver the full range of opportunities in the Youth Voice initiative.”??
A BYC spokesman said that "discussions on the exact terms of the agreement are ongoing".
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