The £1bn scheme, which offers a range of incentives for employers and young people to help get 18- to 24-year-olds into work, is part of the Edinburgh firm's commitment to supporting the development of the Scottish event services sector.
Managing director John Diamond said: "We are committed to making sure that the people entering the industry have the right skills and attitude and this allows us to work with motivated young men and women from the word go, helping them to achieve their potential within our exciting industry."
Diamond Events also runs Safety Passport for Live Events training days, which provide training on a wide range of health and safety issues for events professionals. Diamond adds: "With health and safety regulations becoming ever more stringent and with enforcement being stepped up, it is vital to get accredited training.
"Our SPA-accredited training courses will open the door to a wide range of employment opportunities, particularly at the high-profile sports and culture events that are coming up in Scotland in 2014."
Diamond Events is offering three training days this autumn in Edinburgh and Glasgow.
For more on the Youth Contract scheme, visit the Department for Work and Pensions website here.