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8 June 2010, 14:33 | Updated: 8 June 2010, 14:35
The charity the Mayor set up to fight child poverty in London has announced it's new projects aimed at improving the lives disadvantaged young people.
They include 18 to 25 year olds spending ten months as full time volunteers and as mentors to disadvantaged children.
In the next three years the Mayor's Fund expects to spend 16 million pounds on projects.
7 million pounds has already been given by investors.