Launched in 2019, Our Future Now (OFN) is a 10 year fund which aims to transform the life chances of young people unfairly disadvantaged by their circumstances. Over the first five years, the fund value has totalled £45m making OFN the only third sector collaborative and long-term investment programme operating in Scotland at this scale.
Our Future Now invests in a portfolio of 12 third sector organisations which deliver programmes for young people across Scotland.
The First Minister and Minister for Higher and Further Education Graeme Dey, joined Inspiring Scotland to launch the mid-point impact report of its 10-year youth employment fund.
“I didn’t think it would change my life, but it has. I can provide for my family, and they won’t ever feel like I did growing up in care.”
There is a bedrock of young people in Scotland that struggle to succeed even when the economy is thriving, and job opportunities are plentiful.
When young people do not have access to adequate resources and supportive relationships, with limited financial means and lacking nurture they face more challenges to successfully progress to adulthood. OFN exists to bridge gaps and ensure that these young people are given the support and opportunities required to progress.
The Our Future Now portfolio of ventures comprises of some of the best organisations in the country that specialise in supporting young people to succeed, often against the odds.
The Fund offers a long-term commitment of financial and non-financial investment, alongside bespoke organisational development. Subject to performance, the portfolio will receive this support over the 10-year lifespan of the fund.
This model is a highly engaged multi-investor model based on long term commitment. The model is flexible and Inspiring Scotland Fund Managers work with charities in the portfolio to ensure investment is put to best use and achieves the best possible outcomes for young people.
It is vital that Our Future Now continues to deliver support to young people that need it most.
Within the OFN Fund and portfolio we have the skills, experience, and collective determination to help more young people make a success of their lives. This work is only possible because of the support of investors who share this commitment.
The fund is open to new investors on a rolling basis for contributions at all levels and this is vital to our continued success. If you would like to get involved, please get in touch with Inspiring Scotland to find out more.
Reports:
Year Five – Mid point Report
Year one | Year two | Year three | Year four
Insight papers:
Falling Through the Cracks: an insight report on the needs and response needed to support young people.
Employer Links: an insight report the importance of employer engagement in enabling young people with the most challenging lives to compete in the face of fewer opportunities and greater competition for jobs.
Disadvantaged Young people: the depth of the impact of Covid-19 our insight paper on the impact and needs of young people.
This report sets out findings from a survey of the young people and staff involved in the Our Future Now programme. 2024 marks the mid-point of Our Future Now and Inspiring Scotland wished to explore young people’s experiences of the fund and the difference it was making – to inform the next five years of
Read MoreThis report celebrates reaching the midpoint of Inspiring Scotland’s 10-year fund – Our Future Now (OFN). The midpoint report of the Our Future Now fund reveals in five years the fund has supported almost 25,000 young people worst affected by the past five years with over 62% successfully secured an employability outcome of work, education,
Read MoreOur Future Now (OFN) is a 10-year committment for Scotland’s young people. Here for young people whose start in life isn’t equal. Affected by poverty and disadvantaged by where they live or their family circumstance they must work unfairly hard to overcome a wide range of challenges. In addition to the statistics for the last
Read More(Tuesday 26th August) the First Minister and Minister for Higher and Further Education Graeme Dey, joined Inspiring Scotland to launch the mid-point impact report of its 10-year youth employment fund. The fund, Our Future Now (OFN), delivered by charity Inspiring Scotland is focused on supporting the bedrock of circa 40,000 young people in Scotland that
Read More“It’s not just a one-off get the kudos and done relationship […] We grow in this space.” Our Specialist Volunteer Network (SVN) is an impressive collective of over 500 professionals who lend their expertise and time to the charity sector for free, saving not only those all-important funds, but time and peace of mind. But
Read MoreWe are pleased to share our Annual Report 22/23 providing an overview of the work undertaken to deliver on our strategic priorities and mission to improve the lives of people across Scotland. We supported over 700 organisations across 16 funding programmes worth over £50m. As well as new funding opportunities being created, nine of our
Read MoreAberdeen Foyer provides housing support to young people aged 16 years and over in crisis situations. This core service is complemented by a holistic range of programs including money management, employability initiatives and counselling. Investment supports those aged 16-25 who have been, or are at risk of, exclusion from education and supports the provision of
Learn MoreOFN investment supports ENABLE Works’ flagship schools transition programme Stepping Up, which enables young disabled people to make a successful transition from school into employment, education or training. Supporting young people age 16+, specialist Employment Coordinators work with each young person to build their aspiration for work and to gain the skills employers value. Through vocational
Learn MoreStreet League is a leading Youth Employability provider in Scotland who deliver services with 16-25 year olds who are not in work and who face barriers to progressing in life. Street League delivers sport (including football, dance, gym based fitness and multi-sport programmes), SQA accredited learning opportunities and employability work as a package to support
Learn MoreIf you are interested in finding out more about our work in this area or any of our learning then we would be pleased to connect.
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