The Independent Academic Research Studies (IARS) International Institute, Tomorrow's People, YMCA Birmingham and Your Own Place all received grants from NatWest's Skills & Opportunities Fund.
IARS, a think-tank focused on youth issues, said it will use the money for the delivery of a youth social entrepreneurship project. This will see an e-learning course being piloted to at least 100 young people, enabling them to become social entrepreneurs.
Dr Theo Gavrielides, founder and director of IARS said: "The unstable political, economic and social environments have hit young people the hardest.
"As we look positively into the future, this timely project supported by NatWest will challenge stale thinking while directly empowering some of the most neglected youth to pursue their entrepreneurial skills.
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