Musical youth in Hackney could get a share of a �2 million pot of cash designed to encourage music in the city.

London mayor Boris Johnson, launched a new charity The Mayor of London’s Fund for Young Musicians, to give talented young musicians music scholarships.

Four hundred London children, aged seven to 11 will win the scholarships and will be picked for their commitment, talent and financial need.

The four-year scholarships will give children a chance to progress their music education, with small group instrumental tuition, access to instruments and Saturday music school, individual mentoring and regular performances.

There will also be the opportunity for around 10,000 children, up to the age of 18, to enhance their music education by working alongside professional musicians.

The Mayor said: “Music can transform the lives of young people from all backgrounds, enriching the mind, teaching valuable skills and discipline and importantly, providing a source of invaluable self expression, personal enjoyment and life enhancing career options.

“If a young Londoner has a talent for music and the commitment to progress, I want them to be able to do so regardless of their starting point. The new fund will help to make this not just an aspiration but a reality for young musicians who could otherwise be overlooked.”

Munira Mirza, Mayoral Advisor on Arts and Culture, added: ‘We know that music education can have a hugely positive impact on a child’s life but sadly there are many families who simply cannot afford it. The Fund is an ambitious initiative that will transform access to music education in London and with it, help improve the lives of many disadvantaged young people.’