The charity, which formed from a merger between youth organisations Rainer and Crime Concern in July, will work with 34,000 young people.
Joyce Moseley, Catch22 chief executive, warned that there are half a million young people trapped in no win situations, which is more than the total population of Manchester.
She said it was time to crack the "catch 22" crisis which leaves thousands of young people out of school, out of work, without a stable home, or caught up in the cycle of crime.
"We chose the name because it's a situation a lot of young people find themselves in," she said. "They don't know how to get out of it, they lose confidence and give up."
Moseley said one area the charity would be focusing on was supporting young people aged 18 to 25.
www.catch-22.org.uk
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