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The Children and Young People (CYP) Financial Education Innovation and Evaluation Programme aims to conduct pilots to develop and test new solutions, and/or evaluate existing but untested interventions, to address unmet need and gaps in financial education provision where there is not yet conclusive evidence on the most effective solutions.
The pilots will focus on the following priority groups/activities:
LOT 1: CYP under the age of seven years - key ages for financial capability development but for which there is little existing provision and few proven or promising solutions (other than Talk, Learn, Do);
LOT 2: CYP in vulnerable circumstances - characteristics that we know have the strongest links to poor financial capability in CYP but for which there is no existing support or tested solutions; and
LOT 3: Digital delivery - a delivery method that we know is becoming increasingly important and needed in financial education but for which there is no clear or consistent evidence of impacts on pupils' outcomes or teachers' practices.
Providers are sought to develop and deliver existing but untested financial education interventions to fill gaps in knowledge and practice in one or more lots.
The Money and Pensions Service (MaPS) has awarded 8 grants in total (3 for Lots 1 and 2, and 2 for Lot 3)
| Supplier | Identifier | Award Value | Cross-References |
|---|---|---|---|
| Just Finance Foundation | Charity Commission: 1172050 Companies House: 10204667 | ~£550,000 estimated from lot values | - |
| MyPocketSkill Ltd. | 10654893 | ~£550,000 estimated from lot values | - |
| NCFE | Charity Commission: 1034808 Companies House: 02896700 | ~£550,000 estimated from lot values | LOBBYIST Political Lobbying & Media Relations Limited (9 quarters) |
| Porchlight | Charity Commission: 267116 Companies House: 01157482 | ~£550,000 estimated from lot values | - |
| The Money Charity | Charity Commission: 1106941 Companies House: 05244075 | ~£550,000 estimated from lot values | - |
| Whizz-Kidz | Charity Commission: 802872 Companies House: 02444520 | ~£550,000 estimated from lot values | - |
| Young Enterprise Scotland | OSCR: SC018180 Companies House: SC133649 | ~£550,000 estimated from lot values | - |
| Young Enterprise Northern Ireland | CCNI: NIC107515 Companies House: NI032769 | ~£550,000 estimated from lot values | - |
Government spending data: These suppliers have received £5,698,921 in 71 payments (over £25k) from Department for Education, Scottish Government, Department of Health and Social Care, Ministry of Defence, FCDO and 7 more public bodies (2011-06-24 to 2026-01-31).