A local news website and monthly magazine has won a £150,000 grant to allow it to offer training, work placements and internships to young people from “marginalised” neighbourhoods on its patch.

Bristol 24/7 has received the investment from the Resonance Bristol Social Investment Tax Relief Fund.

The city entertainments magazine is tun as a community interest company, with profits from the publication ploughed back into the organisation.

Bristol 24/7, originally a web-only publication, branched out into print in 2014 with the launch of the magazine version..

Said Dougal: “I heard about a new social impact fund being set up in Bristol and was delighted to find out that it was from Resonance, a social impact company which we feel shares our mission to ‘dismantle poverty’ in our great city.

“This gives us the investment we need to take the social impact of our enterprise to the next level.”

Resonance investment manager Donna Thomas said: “Being a resident of Bristol, I knew of Bristol 24/7 but was delighted to discover that this very successful magazine also had a clear social mission behind it.

“Talking to the Bristol 24/7 team, it became clear that the investment they needed would make a big difference in the lives of young people who might like to work in journalism but would be unlikely to be considered in normal circumstances without a degree-level education or previous work experience.

“Resonance is engaging with many social enterprises in the city who are making real impact and need investment to do more – we want to speak to even more.”