In his speech at the Conservative Party conference in Birmingham he will outline details of a youth endowment fund to tackle violent crime "hotspots" over the next decade - equivalent to £20m a year.
It will support projects that help vulnerable children aged 10 to 14, including mentoring and counselling.
The establishment of the fund comes at a time of continuing cuts to local level youth services.
Figures published last week show that youth service spending is due to fall by £31.4m for 2018/19 from £415.8m to £384.5m. Spending on youth services by English local authorities stood at £1.18bn in 2010/11.
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