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Civic Hall Receives $25,000 from Verizon to Fund Scholarships for New IT Program

Civic Hall Receives $25,000 from Verizon to Fund Scholarships for New IT Program

Program Dedicated to Expanding Access to Tech Sector Jobs for Underserved Communities

New York, NY – Civic Hall is pleased to announce a generous $25,000 donation from Verizon, dedicated to funding scholarships for Civic Hall’s newly launched comprehensive Introduction to IT program. This initiative is designed to provide foundational training in information technology, empowering individuals to build essential skills for the modern workforce.

In collaboration with CompTIA, Civic Hall’s innovative program will equip participants with the critical IT knowledge and competencies necessary for today’s technology-driven landscape. The program focuses on the CompTIA IT Fundamentals+ certification, a widely recognized credential that validates basic IT skills and knowledge. This certification is an ideal starting point for those looking to pursue a career in IT or enhance their technical skill set.

“We are immensely grateful to Verizon for their support of this critically important tech training program,” said Doug Binette, Director of Civic Hall’s NY Tech Alliance. “This funding will enable us to provide scholarships to deserving individuals from underserved communities, helping them gain valuable skills and open new career opportunities in the tech sector.”

The Introduction to IT program goes beyond technical training by incorporating financial literacy education, enhancing overall professional development. Participants will learn key financial concepts, ensuring they are well-prepared to manage their finances as they advance in their careers.

“We are proud to partner with Civic Hall and support its mission to create opportunities for individuals through technology education,” said Tavonia Davis, Regional Director of Government Affairs and Local Engagement at Verizon. “By investing in these scholarships, we are empowering individuals to drive innovation, shaping a more equitable and inclusive digital landscape, and helping to build a diverse and skilled IT workforce for the future.”

The program is open to individuals from diverse backgrounds, with a focus on underrepresented communities in the tech industry. Applications for the scholarship are now open, and Civic Hall encourages individuals to apply. For more information about Civic Hall’s Introduction to IT program and how to apply for the scholarship, please contact Jay Quaintance at JQuaintance@fedcap.org.

About Civic Hall
Civic Hall is a collaborative innovation center that brings together civic-minded technologists, social entrepreneurs, government officials, and community leaders to develop technology solutions for the public good. Located in Union Square, Civic Hall fosters a vibrant ecosystem of knowledge sharing and cooperative action.

Civic Hall’s mission is to support and enable best-in-class programs that help close the digital skills divide and plan for the needs of tomorrow’s workforce. Civic Hall facilitates groundbreaking partnerships among high-impact organizations, civic and social innovators, workforce training partners, and New York’s employer ecosystem to work collectively to meet the educational and professional needs of all New Yorkers, especially those from communities too often left behind. Civic Hall also serves as a tech incubator and accelerator, helping to spur new innovations and ideas. For more information about membership opportunities, please visit civichall.org.

About NY Tech Alliance
The NY Tech Alliance is a non-profit organization focused on supporting the tech community, with the goal of creating the most diverse, equitable and accessible tech ecosystem in the world. The team at NYTA works every day to connect businesses, startups, entrepreneurs, organizations, educational institutions, government, and people from all parts of the New York City tech ecosystem to the resources and networks they need to grow, serve, and be successful.

With over 60,000 individual and institutional members, the NY Tech Alliance represents the full spectrum of the greater New York area tech community, making it the largest tech organization in the region.

About Verizon
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed in 2000 and is one of
the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $134.0 billion in 2023. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity and security.

Contact
For media inquiries or more information, contact: Jim Malatras at JMalatras@fedcap.org.

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Civic Hall and Human UPtions Announce Partnership to Host Job Fairs, Networking Sessions, and Upskilling Opportunities to Connect Job Seekers with Employment in the Tech and Innovation Sector

Civic Hall and Human UPtions Announce Partnership to Host Job Fairs, Networking Sessions, and Upskilling Opportunities to Connect Job Seekers with Employment in the Tech and Innovation Sector

New York, NY (June 26, 2024) — Civic Hall and Human UPtions are partnering to empower job seekers and foster career growth in the tech and innovation sector. Together, Civic Hall and Human UPtions will hold a series of Career Readiness events including job fairs, networking sessions, workshops and job mentoring programs. 

Civic Hall’s state-of-the-art facility at Union Square will serve as the venue for these events, offering a dynamic and collaborative environment that is easily accessible by public transportation for participants in the heart of the NYC tech sector. Human UPtions, a leader in career development and employment services, will bring their expertise in programming, ensuring a comprehensive and impactful experience for all attendees. 

The partnership is designed to address the evolving needs of job seekers by providing them with the tools, resources, upskilling, and connections necessary to thrive in today’s competitive innovation job market. By combining Civic Hall’s premier venue with Human UPtions’ specialized programming, this initiative will create a robust support system for individuals at various stages of their career journey.

“We are thrilled to partner with Human UPtions to bring these valuable career development opportunities to our members and communities we serve,” said Jim Malatras, Chief Strategy Officer & Senior VP for Education, The Fedcap Group—the parent organization of Civic Hall. “Our facility at Union Square is the perfect setting for job seekers to connect with employers and mentors in the tech sector, and we look forward to seeing the positive impact of this collaboration.”

“We are grateful for the recognition and excited for the infinite UPtions this collaboration allows us. Numerous humans are hired via relationships fostered at our bespoke events,” said Kamina Singh, Founder @ humanUPtions.com.

The first career fair event will be held on July 25, 2024, at Civic Hall’s Union Square location. Additional events will be scheduled throughout the year, with details to be announced soon.

For more information about the partnership and upcoming events, please visit www.civichall.org and https://www.humanuptions.com. 

About Civic Hall

Civic Hall is a collaborative innovation center that brings together civic-minded technologists, social entrepreneurs, government officials, and community leaders to develop technology solutions for the public good. Located in Union Square, Civic Hall fosters a vibrant ecosystem of knowledge sharing and cooperative action.

Civic Hall’s mission is to support and enable best-in-class programs that help close the digital skills divide and plan for the needs of tomorrow’s workforce. Civic Hall facilitates groundbreaking partnerships among high-impact organizations, civic and social innovators, workforce training partners, and New York’s employer ecosystem to work collectively to meet the educational and professional needs of all New Yorkers, especially those from communities too often left behind. Civic Hall also serves as a tech incubator and accelerator, helping to spur new innovations and ideas. For more information about membership opportunities, please visit civichall.org.  

About Human UPtions

At Human UPtions, students and professionals explore familiar and unfamiliar career options via storytelling by industry leaders and experts. Our unique forum reveals the real story behind the resume. We create meaningful connections for mentorships, internships, apprenticeships + jobs and inspire our audience to craft or reignite personal career maps for success. Our events are industry agnostic. Our attendees are from various backgrounds and age groups; ages 16-75. Our carefully curated Career Readiness Workshops strive to bridge the gap between potential and opportunity. Data validates a good career can catapult you up in every facet of your life and empower you to break barriers and uplift your fellow citizens.

 

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COOP Careers Makes Civic Hall its New York City Headquarters

COOP Careers Makes Civic Hall its New York City Headquarters

Approximately Five Hundred COOP Fellows to Start in the Fall

NEW YORK, NY (June 25, 2024) – At an event at their state-of-the-art digital skills and innovation hub at Union Square, Civic Hall announced that COOP Careers, a national nonprofit that helps recent first-gen college graduates overcome underemployment through digital skills and peer connections, is relocating its New York City operation to Civic Hall at Union Square.

COOP matches peer cohorts of motivated grads with alumni coaches who support them in building the professional skills and networks they need to get their first good job after graduation. COOP plans to welcome an estimated 500 new fellows into its program this fall. COOP serves approximately 2,000 first-generation, low-income college graduates each year—with plans for those numbers to increase.

“We are excited to join the thriving community at Civic Hall this fall when we bring the COOP Careers Fellowship to Union Square,” said Kalani Leifer, Founder and CEO of COOP. “Thanks to this partnership, our fellows will be surrounded by entrepreneurs and innovators who will support their growth in the tech industry. At COOP, we believe community is the key to economic mobility, and we know that coming together in this central location with like-minded people will elevate the experience for our fellows, alumni, and staff — fostering new ideas, opportunities, and professional growth.”

COOP has produced compelling wage outcomes for thousands of their fellows in New York, California, Illinois, and Florida. Within 12 months of program completion, three out of four COOP alumni are fully employed, earning an average of $50,000 per year (median pre-program earnings are $12,000 per year inclusive of under and unemployed fellows). 

“COOP’s strong wage data for their participants demonstrates the power of their program. Therefore, we’re thrilled to welcome COOP into the Civic Hall community because they will help us close persistent wage gaps, especially for underserved communities,” said Jim Malatras, Chief Strategy Officer & Senior VP for Education, The Fedcap Group—the parent organization of Civic Hall.

This strategic move comes as COOP enters its 10th anniversary year. The organization is celebrating this milestone in both big and small ways throughout the next six months. One of the highlights will be this relocation to Civic Hall. 

About Civic Hall

Civic Hall is a collaborative innovation center that brings together civic-minded technologists, social entrepreneurs, government officials, and community leaders to develop technology solutions for the public good. Located in Union Square, Civic Hall fosters a vibrant ecosystem of knowledge sharing and cooperative action.

Civic Hall’s mission is to support and enable best-in-class programs that help close the digital skills divide and plan for the needs of tomorrow’s workforce. Civic Hall facilitates groundbreaking partnerships among high-impact organizations, civic and social innovators, workforce training partners, and New York’s employer ecosystem to work collectively to meet the educational and professional needs of all New Yorkers, especially those from communities too often left behind. Civic Hall also serves as a tech incubator and accelerator, helping to spur new innovations and ideas. For more information about membership opportunities, please visit civichall.org.  

About COOP Careers

COOP Careers (pronounced “ko-op”) closes the social capital gap by recruiting and investing deeply in low-income and first-generation college grads from CUNY, Cal State, and other urban public colleges in the Bay Area, Chicago, Los Angeles, Miami, and New York City. It connects recent graduates with employers looking for motivated, prepared, diverse candidates. 

A foundational component of the COOP Careers Fellowship is the community—connecting first-gen college grads to their peers across generations of program alumni. The nonprofit has served more than 6,000 alumni nationwide and strives to serve 10,000 by 2025. Its flagship program trains graduates in data analytics, digital marketing, and financial services. 

COOP has been recognized by Google, Salesforce, LinkedIn, the Gates Foundation, and the Christensen Institute as a best-in-class program in its field. More recently, it was awarded a $12M gift from MacKenzie Scott. Founder Kalani Leifer was selected as one of 20 Obama Foundation Fellows, among 20,000 candidates. Learn more at coopcareers.org.

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Civic Hall Announces Free Summer Membership Program for College Students for Co-Working, Mentorship, Exclusive Programming, and Job Fairs

Civic Hall Announces Free Summer Membership Program for College Students for Co-Working, Mentorship, Exclusive Programming, and Job Fairs

New York, NY (June 17, 2024) – Civic Hall has launched a new initiative designed to foster innovation and collaboration among college students. This summer, Civic Hall is offering free summer memberships for up to 100 college students.

The Summer at Civic Hall program will provide an unique opportunity for college students to immerse themselves in a vibrant community of tech enthusiasts, social entrepreneurs, and industry leaders. Selected students will receive an all-access pass to Civic Hall and NYTech Alliance events, a workspace in our state-of-the-art shared office, mentorship, job fairs, and the chance to collaborate with our distinguished expert-in-residence.

Who Can Apply: Students currently enrolled in a technical school, college, or university

Application Deadline: Rolling until filled

How to Apply: Interested students can apply online HERE.

“The vibrancy and state-of-the-art facilities at Civic Hall provide an excellent environment for teaching, learning, and community building,” said Dr. Stephon Alexander, professor of theoretical physics at Brown University and Founder and CEO of Sound+Science. “I have had the privilege of using this space to teach our first cohort of high school students for Sound+Science, and to host community-building events like our Salon, which have both been instrumental in fostering creativity and connection.”

“We look forward to serving as a vital resource for college students and all New Yorkers through our partnership with Civic Hall,” said Kenneth Adams, President of LaGuardia Community College. “The Summer Mentorship Program will give college students a chance to learn from our experts in a state-of-the-art workspace that cultivates creativity and networking opportunities. Civic Hall is a space where innovative thinkers can learn and grow, and LaGuardia is available to help the next generation of leaders and innovators.”

“We are excited to open our doors to the next generation of innovators,” said Jim Malatras, Chief Strategy Officer & Senior VP for Education, The Fedcap Group—the parent organization of Civic Hall. “This program is designed to empower students by providing them a space with the resources and connections they need to bring their ideas to life and get access into New York’s vibrant tech sector.”

About Civic Hall

Civic Hall is a collaborative innovation center that brings together civic-minded technologists, social entrepreneurs, government officials, and community leaders to develop technology solutions for the public good. Located in Union Square, Civic Hall fosters a vibrant ecosystem of knowledge sharing and cooperative action.

Civic Hall’s mission is to support and enable best-in-class programs that help close the digital skills divide and plan for the needs of tomorrow’s workforce. Civic Hall facilitates groundbreaking partnerships among high-impact organizations, civic and social innovators, workforce training partners, and New York’s employer ecosystem to work collectively to meet the educational and professional needs of all New Yorkers, especially those from communities too often left behind. Civic Hall also serves as a tech incubator and accelerator, helping to spur new innovations and ideas. For more information about membership opportunities, please visit civichall.org. 

For media inquiries or more information, contact:

Josh Vlasto, for The Fedcap Group/Civic Hall (josh@joshvlasto.com)

 

 

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Civic Hall Announces Hydro-Quebec Energy Services to Make Civic Hall Its New Headquarters, Launches Partnership to Drive the Clean Tech Economy In New York City

Civic Hall Announces Hydro-Quebec Energy Services to Make Civic Hall Its New Headquarters, Launches Partnership to Drive the Clean Tech Economy In New York City

New York, NY (June 10, 2024) – Today, Hydro-Quebec Energy Services announced it is making Civic Hall its New York City headquarters.  Located in the vibrant heart of the New York City tech center of Union Square, Civic Hall is a pioneering center for innovation, digital skills training, and civic technology. 

This strategic move underscores Hydro-Quebec’s U.S. subsidiary’s commitment to advancing local partnerships, clean technology and innovation, aligning with Civic Hall’s mission to foster collaborative tech-driven solutions for societal challenges. Hydro-Quebec, a leading energy provider known for its substantial renewable energy initiatives, notably its role in supplying 20% of New York City’s electricity needs via the Champlain Hudson Power Express (CHPE) transmission line, sees its presence at Civic Hall as a significant step in expanding its influence and operations within the burgeoning clean-tech sector of New York City. 

Civic Hall, a renowned center for technology and civic innovation, offers an ideal environment for Hydro-Quebec to contribute to and benefit from the dynamic ecosystem of innovators and thought leaders, as well as to collaborate with community-focused organizations

Hydro-Quebec’s new headquarters at Civic Hall is poised to become a hub for green economy related initiatives and partnerships, driving forward the city and state’s sustainable energy and climate goals. Through this strategic location, Hydro-Quebec aims to: bring added value to disadvantaged communities through genuine partnerships, harness the positive power of collaboration with other Civic Hall members and actively contribute to the clean energy transition. 

“Today’s partnership between Civic Hall and Hydro-Quebec Energy Services will go a long way in driving the expansion of clean tech innovation and fueling economic growth,” said Christine McMahon, President and CEO of The Fedcap Group—the parent organization for Civic Hall. “This collaboration is one of the key reasons why The Fedcap Group is expanding its education and workforce training programs in the clean tech economy, contributing to both environmental sustainability and economic prosperity.”

“We are excited to join the Civic Hall community and look forward to collaborating with the incredible network of innovators and civic minded leaders here,” said Serge Abergel, COO at Hydro-Quebec Energy Services. “Beyond the important clean power we will be supplying the Big Apple, we are dedicated to being active community-first partners always striving to bring value, especially to those struggling so they too can be empowered to meaningfully take part in the clean energy transition.  

“By engaging with Civic Hall’s diverse community of tech enthusiasts, entrepreneurs, and policy makers, Hydro-Quebec will be an important clean tech partner to collaborate on projects that leverage cutting-edge technologies to address renewable energy and sustainability,” said Jim Malatras, Chief Strategy Officer & Senior VP for Education, The Fedcap Group. “Hydro-Quebec’s decision to establish its NYC headquarters at Civic Hall reinforces its dedication to promoting sustainable energy solutions. This move not only highlights the company’s investment in clean technology but also its commitment to fostering a greener and more resilient urban infrastructure.”

About Civic Hall

Civic Hall is a collaborative innovation center that brings together civic-minded technologists, social entrepreneurs, government officials, and community leaders to develop technology solutions for the public good. Located in Union Square, Civic Hall fosters a vibrant ecosystem of knowledge sharing and cooperative action.

Civic Hall’s mission is to support and enable best-in-class programs that help close the digital skills divide and plan for the needs of tomorrow’s workforce. Civic Hall facilitates groundbreaking partnerships among high-impact organizations, civic and social innovators, workforce training partners, and New York’s employer ecosystem to work collectively to meet the educational and professional needs of all New Yorkers, especially those from communities too often left behind. Civic Hall also serves as a tech incubator and accelerator, helping to spur new innovations and ideas. For more information about membership opportunities, please visit civichall.org.  

About Hydro-Quebec

Hydro-Quebec is the largest producer of renewable energy in North America, with a mission to deliver clean, affordable, and reliable energy. With a strong emphasis on community engagement and innovation, the company is dedicated to advancing sustainable energy solutions that benefit both the environment and the economy.

For media inquiries or more information, contact:

Josh Vlasto, for The Fedcap Group/Civic Hall (josh@joshvlasto.com)  

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Amazon Sponsors Civic Hall at Union Square to Enhance Digital Skills Training and Community Engagement

Amazon Sponsors Civic Hall at Union Square to Enhance Digital Skills Training and Community Engagement


New York, NY – June 6, 2024 – Today, Civic Hall at Union Square announced a new sponsorship from Amazon, a founding member of the organization. The sponsorship will help bolster digital skills training and community-driven technology initiatives. This collaboration underscores Amazon’s commitment to fostering innovation and supporting local communities.

Because of Amazon’s significant support, Civic Hall will name one of its digital skills training classrooms on the sixth floor, the Amazon Classroom. The classroom is used by LaGuardia Community College and other leading training providers.  As sponsors, Amazon will help make connections with the various upskilling training providers housed within Civic Hall, as well as participate in other Civic Hall programming like job fairs, mentorship programs, and meetups for NYC-based innovation entrepreneurs.

“Amazon is honored to be a founding partner of Civic Hall Union Square,” said Carley Graham Garcia, Amazon’s Head of Community Affairs in New York City. “Whether it’s hosting the city’s newest tech start up or supporting workforce development or educational programming, Amazon is pleased to sponsor this new vibrant hub and community center.”

 “We are honored that Amazon has invested in Civic Hall,” said Jim Malatras, Chief Strategy Officer & Senior VP for Education, The Fedcap Group—the parent organization of Civic Hall. “Amazon’s support will significantly enhance our ability to provide top-notch digital skills training and create new opportunities for community engagement and innovation for many of our up-and-coming innovation entrepreneurs. We thank Civic Hall co-founder, Andrew Rasiej for his work on this partnership.”

“The Fedcap Group and LaGuardia Community College share a vision of creating innovative pathways to enhance the education and career prospects of our students,” said Kenneth Adams, President of LaGuardia Community College. “And now with the sponsorship from Amazon, our combined efforts will only continue to enhance our abilities to offer high-quality education in high-demand and innovative careers to all New Yorkers.”

About Civic Hall

Civic Hall is a collaborative innovation center that brings together civic-minded technologists, social entrepreneurs, government officials, and community leaders to develop technology solutions for the public good. Located in Union Square, Civic Hall fosters a vibrant ecosystem of knowledge sharing and cooperative action.

Civic Hall’s mission is to support and enable best-in-class programs that help close the digital skills divide and plan for the needs of tomorrow’s workforce. Civic Hall facilitates groundbreaking partnerships among high-impact organizations, civic and social innovators, workforce training partners, and New York’s employer ecosystem to work collectively to meet the educational and professional needs of all New Yorkers, especially those from communities too often left behind. Civic Hall also serves as a tech incubator and accelerator, helping to spur new innovations and ideas. For more information about membership opportunities, please visit civichall.org.  

About Amazon 

Amazon is committed to building a future where everyone has the opportunity to succeed in the digital age. Through various initiatives and partnerships, Amazon strives to support education, innovation, and community development. For more information about Amazon’s community engagement efforts, please visit amazon.com/community.

 

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Civic Hall Announces Exciting Lineup for New York City Tech Week with Events Focused on AI

Civic Hall Announces Exciting Lineup for New York City Tech Week with Events Focused on AI

Civic Hall to Offer Complimentary Co-Working Space for AI-Aligned Companies During the Week

New York, NY – May 30, 2024 – Civic Hall, in collaboration with The Fedcap Group and the New York City Economic Development Corporation, is thrilled to announce its comprehensive schedule of events for New York City Tech Week, taking place from June 3rd to June 7th. This week-long celebration of technology and innovation is set to feature a diverse array of events aimed at showcasing the latest advancements in AI, fostering collaboration, and supporting the tech ecosystem in New York City.

Founded with the mission to advance the use of technology for the public good, Civic Hall serves as a hub for innovators, entrepreneurs, and civic-minded organizations. By providing a collaborative workspace and hosting events that bring together a diverse range of stakeholders, Civic Hall aims to drive social impact and community-driven solutions through technology.

Jim Malatras, Chief Strategy Officer of The Fedcap Group, stated, “Our partnership with Civic Hall for New York City Tech Week exemplifies our commitment to fostering innovation and supporting the vibrant tech community in New York City. We are excited to see the groundbreaking ideas and collaborations that will emerge from this dynamic week of events.”

Event Schedule Highlights:

Monday, June 3rd

    • NY Tech Week AI Startups Demo Day hosted by Lynx Collective
      • 5:00 PM – 9:00 PM, 3rd Floor Conference Breakout Rooms
      • Link: Lynx Collective
    • AI Tinkerers Meetup (sponsored by NYCEDC)
      • 6:00 PM – 10:00 PM, 2nd Floor Craig Newmark Auditorium
      • Link: AI Tinkerers

Tuesday, June 4th

    • AI Day Pass: Coworking with NYCEDC and AI Furnace
    • AI and Digital Health with Digital Health New York (sponsored by NYCEDC)
    • Hiring for the AI Generation of Tech: Strengths Constraints & the Case for Skills-Based Talent Strategies by Hack.Diversity
      • 4:00 PM – 6:00 PM, 3rd Floor Conference Breakout Rooms
      • Link: Hack.Diversity
    • A Spotlight on AI Meetup by New York Tech Alliance

Wednesday, June 5th

    • AI Day Pass: Coworking with NYCEDC and AI Furnace
    • AI & ML: Novel Use Cases in Financial Services NY by NYCEDC and Columbia University Data Science Institute
    • Reimagining Accelerators for Tomorrow’s Startups by NYCEDC and AcceleratorCON
      • 12:00 PM – 1:30 PM, 3rd Floor Breakout Conference Space
      • Link: AcceleratorCON
    • Data and AI Summit by Data School
      • 1:30 PM – 6:30 PM, 2nd Floor Craig Newmark Auditorium
      • Link: Data School

Thursday, June 6th

    • Classroom Sponsorship Ribbon Cutting Event by Amazon
      • 1:00 PM – 3:00 PM, 6th Floor
    • Techstars Demo Day
      • 2:00 PM – 5:00 PM, 2nd Floor Craig Newmark Auditorium
      • Link: Techstars 
    • Data Duel: The Tableau Viz Games by Data School
    • Shark Tank and Social by StartED
      • 5:30 PM – 7:30 PM, 3rd Floor Conference Space
      • Link: StartED

Friday, June 7th

    • Growing AAPI Startups and VCs in NYC by WorkOnward
    • How to Succeed as an International Founder by The Vertical
      • 5:30 PM – 9:30 PM, 2nd Floor Craig Newmark Auditorium
      • Link: The Vertical

Civic Hall is proud to partner with The Fedcap Group and NYCEDC in delivering this dynamic lineup of events. Our mission is to foster innovation, support the tech ecosystem in New York City, and provide a platform for networking, learning, and collaboration.

For more information on New York City Tech Week at Civic Hall and to register for events, please visit our website.

Contact:
Civic Hall
Email: info@civichall.org
Phone: (212) 555-1234

About Civic Hall

Civic Hall is a collaborative innovation center that brings together civic-minded technologists, social entrepreneurs, government officials, and community leaders to develop technology solutions for the public good. Located in Union Square, Civic Hall fosters a vibrant ecosystem of knowledge sharing and cooperative action.

Civic Hall’s mission is to support and enable best-in-class programs that help close the digital skills divide and plan for the needs of tomorrow’s workforce. Civic Hall facilitates groundbreaking partnerships among high-impact organizations, civic and social innovators, workforce training partners, and New York’s employer ecosystem to work collectively to meet the educational and professional needs of all New Yorkers, especially those from communities too often left behind. Civic Hall also serves as a tech incubator and accelerator, helping to spur new innovations and ideas. For more information about membership opportunities, please visit civichall.org.   

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Mahesh Nattanmai Appointed Inaugural Expert in Residence for Civic Hall

Mahesh Nattanmai Appointed Inaugural Expert in Residence for Civic Hall

New York, NY – (May 16, 2024) – Civic Hall, a pioneering center for innovation, digital skills training, and civic technology has named Mahesh Nattanmai as Expert in Residence. Mahesh will focus on artificial intelligence (AI) and automation, digital transformation in government, and user-centered design. Mahesh Nattanmai, the Co-Founder of MavQ and President of MTX Group, brings a wealth of experience and expertise to his new role.

 

Prior to joining Civic Hall, Mahesh Nattanmai served in several pivotal roles within the New York State government, including Chief Health Information Officer at the NYS Department of Health, Executive Deputy Chief Information Officer at the NYS Office of Information Technology Services, and Chief Budget Examiner at the New York State Division of the Budget. His extensive background in Computer Science and Management Information Systems has uniquely positioned him as a leader in digital transformation and IT consolidation initiatives, particularly within the public sector.

 

During his tenure in government, Mahesh Nattanmai spearheaded numerous innovative projects aimed at driving efficiency and leveraging cutting-edge technologies to enhance public sector operations. His strategic vision and leadership were instrumental in leading successful digital transformations, enabling agencies to deliver services more effectively and improve overall citizen satisfaction.

 

As Expert in Residence at Civic Hall, Mahesh Nattanmai will bring his invaluable insights and experience to bear on advancing the organization’s mission of fostering innovation and collaboration in the civic technology space. Mahesh will play a pivotal role in guiding and advising startups, entrepreneurs, and government agencies on harnessing the power of AI to streamline processes, optimize resources, and drive meaningful impact.

 

“We are thrilled to welcome Mahesh Nattanmai to Civic Hall as our first Expert in Residence,” said Jim Malatras, Chief Strategy Officer & Senior VP for Education, The Fedcap Group—the parent organization of Civic Hall. “Mahesh’s extensive experience and proven track record of success in leveraging technology to drive efficiency and innovation in the public sector make him the ideal candidate to lead our efforts, especially in the AI space. We are confident that his expertise will prove invaluable in helping Civic Hall and its community members harness the full potential of AI to address some of society’s most pressing challenges.”


Mahesh Nattanmai’s appointment as Expert in Residence continues Civic Hall’s commitment to fostering collaboration and innovation in the civic technology ecosystem. 

 

For more information about Civic Hall and its initiatives, please visit www.CivicHall.org.

 

ABOUT CIVIC HALL

Civic Hall’s mission is to support and enable best-in-class programs that help close the digital skills divide and plan for the needs of tomorrow’s workforce. Civic Hall facilitates groundbreaking partnerships among high-impact organizations, civic and social innovators, workforce training partners, and New York’s employer ecosystem to work collectively to meet the educational and professional needs of all New Yorkers, especially those from communities too often left behind. Civic Hall also serves as a tech incubator and accelerator, helping to spur new innovations and ideas. For more information about membership opportunities, please visit civichall.org. 

 

For media inquiries or more information, contact:

Josh Vlasto, for The Fedcap Group/Civic Hall (josh@joshvlasto.com)

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The Fedcap Group Releases First Half Fiscal Year 2024 Operating and Financial Results

The Fedcap Group Releases First Half Fiscal Year 2024 Operating and Financial Results

The Fedcap Group Releases First Half Fiscal Year 2024 Operating and Financial Results

  • Resilient Results Reflected Diversified Program and Revenue Sources
  • Continued to Increase Number of Individuals Served
  • New Program Launches and Strategic Acquisitions to Drive Future Growth
  • Download Presentation Here

New York, NY (May 7, 2024) – The Fedcap Group announced its first half fiscal 2024 operational and financial results, ended March 31, 2024.

Commenting on the results, Christine McMahon, President and CEO of The Fedcap Group noted, “We are pleased with the resilience that Fedcap demonstrated during this period of difficult economic and business conditions, which included growing fixed costs coupled with reduced government funding for several of our programs. Despite these challenges, we were able to increase the number of individuals served and post stable financial results, reflecting the diversity of our programs and revenue sources.  As we move ahead in the second half of fiscal 2024, we will continue to prioritize organic growth, acquisitions, and new program launches to deliver positive outcomes for clients and maintain consistent financial results for the organization.” 

“In the past six months, we completed several key initiatives, culminating in the successful launch of our innovation incubator and digital skills center, Civic Hall, in New York. Additionally, we launched a new Apex Technical School solar training program in Brooklyn, New York—increasing the education portfolio to 18 programs in four states, and we strategically expanded our presence through key acquisitions, notably the Teaching the Autism Community Trades School in Denver, Colorado. Our ongoing success in securing new contracts has enabled us to extend our service reach, exemplified by our latest workforce contract in Tennessee. Due to our exceptional service delivery, we’ve earned an extension for our UK Restart workforce contract. These are emblematic of initiatives that have proven positive track records with respect to benefits to individuals and society, and they are scalable to other geographies in which we are providing services.”

Operational Highlights

The Fedcap Group operates across four key practice areas—education, workforce development, health, and economic development—through 23 nonprofit subsidiaries in 106 locations across the United States, Canada, and the United Kingdom. In the first half of fiscal 2024, The Fedcap Group served over 146,000 individuals, marking a 4.3% increase from the previous year.

Education

The Education Practice, representing 17% of total revenue, continued its rapid growth with new programs, acquisitions, and locations. In the first half of fiscal 2024, Fedcap opened Civic Hall, the state-of-the-art innovation incubator and digital skills training center in the heart of the New York tech sector; acquired the Teaching the Autism Community Trades school in Denver, Colorado; and launched a new Apex Technical School solar training program in Brooklyn, New York—increasing the portfolio to 18 programs in four states. 

Workforce Development

As the largest practice area contributing 40% of total revenue, the Workforce Development Practice continued its strong performance. Over 12,000 individuals were placed in jobs—a 113% increase since 2021. Notably, the individuals trained and placed by Fedcap continue to achieve solid job retention rates, with 89% retaining their positions for at least 30 days, 81% for 90 days, and 79% for 180 days. 

Health

The Health Practice, representing 6% of total revenue, continued its upward trajectory on the strength of the Single Stop case management and benefits screening program. We screened over 30,000 individuals for federal and state benefits that yielded an average of $19,000 per household. Across the Fedcap global footprint saw a 4.2% increase in wellness services provided—serving nearly 25,000 people.

Economic Development

Contributing 37% to total revenue, the Economic Development Practice continues to provide sustainable, well-paying employment. With a focus on fostering employment opportunities for individuals with disabilities, The Fedcap Group directly employed over 1,000 individuals at salary levels above the industry average.

International

Fedcap launched its international business in 2017 and it has grown to 35 locations in Canada and the UK.  In the first half of fiscal 2024, its largest UK contract, Restart, which serves the long term unemployed—was extended for an additional two years.  

FY2023 Financial Results

For the first half of FY2024, Fedcap achieved revenue of $183.5 million stable with the similar period in fiscal 2023 and in line with its expectation for full fiscal year 2024 revenues of approximately $375 million, making this another record year for the Group. 

As of March 31, 2024, The Fedcap Group had $27.5 million in cash and investments, total assets of $409.9 million, and long-term debt of $158.3 million. Notably, The Fedcap Group’s net assets increased to $98.6 million—nearly tripling from fiscal 2020 levels. 

The Fedcap Group maintains a robust business development pipeline of more than $215 million and is tracking another $536.5 million in prospective opportunities. The Fedcap Group has achieved a consistent win rate of 95% on recompetes. 

The company’s financial stability has been significantly strengthened by its strategic intent to diversify revenue sources, notably by augmenting the percentage of fee-for-service government contracts. Currently, these programs represent 14% of Group revenues, but based on the current program pipeline, Fedcap anticipates that fee-for-service contracts will increase to from 20% to 25% of revenues by the end of fiscal 2025 and grow from there in subsequent years. This change in mix will provide Fedcap with further resilience in future periods.  

 

Outlook

“The Fedcap Group will continue to diversify its business operations and revenue sources through a mix of new programs, service footprint expansions, and acquisitions to optimize our   funding from a variety of revenue types and programs.” 

“Looking ahead to the remainder of fiscal 2024 and beyond, we will continue to focus on high demand markets for our services, including addressing health issues that serve as barriers to work, exporting our successful clean energy program to the UK, and deploying innovative programs to meet the needs of the perpetually underserved disability community. At the same time, we will maintain our commitment to education and training, with a view toward assisting individuals gain meaningful employment in sectors that offer good starting salaries and significant opportunities for advancement,” Ms. McMahon concluded. 

About The Fedcap Group

For nearly ninety years, The Fedcap Group has developed scalable, innovative, and potentially disruptive solutions to some of society’s most pressing needs. The Fedcap Group provides educational services to every age group, vocational training, and job attainment in high-growth industries, as well as support services such as behavioral health services—all targeted to helping people achieve long-term self-sufficiency. The Fedcap Group also invests its time and resources in broader system change—working in partnership with federal, state, and local government to improve the way services are designed, funded, and delivered.

Contact

Jim Malatras, 212-727-4200, (JMalatras@fedcap.org)

The Fedcap Group Financial Statements

The Fedcap Group Consolidated Statement of Activities

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Stralto Makes Civic Hall at Union Square its Global Headquarters

Stralto Makes Civic Hall at Union Square its Global Headquarters

NEW YORK, NY [April 18,2024]—Yesterday, at a packed event, Civic Hall announced that Stralto, a leading technology company that delivers custom-built enterprise applications and solutions for companies in growth mode, is making Civic Hall’s Union Street location its global headquarters. Stralto provides cloud transformation, data, enterprise applications services as well as project implementation and analysis to companies and governments across the United States.  

 

As the leading hub for innovation and training in New York’s tech ecosystem, Civic Hall is the ideal setting for Stralto’s expansion. Stralto will leverage Civic Hall’s vibrant ecosystem of professionals, entrepreneurs, and change-makers to drive positive impact for its clients and foster breakthrough solutions.

 

“Civic Hall is a place where innovative organizations come together to collaborate, share ideas, and make a positive impact and we a delighted Stralto is making Civic Hall its global home,” Jim Malatras, Chief Strategy Officer & Senior VP for Education, The Fedcap Group—the parent organization of Civic Hall. Stralto’s membership at Civic Hall reinforces the importance of creating a supportive ecosystem for companies dedicated to advancing technology and civic solutions.” 

 

“We are excited to announce Civic Hall as the new headquarters for Stralto, marking a significant step in our journey. This decision underscores our dedication to fostering innovation, enhancing collaboration, and engaging with our community. The vibrant atmosphere of Civic Hall perfectly complements our core principles and ambitions, and we eagerly anticipate contributing to and benefiting from this flourishing community,” said Girish Chhugani, CEO of Stralto.

 

ABOUT CIVIC HALL

Civic Hall is a member of The Fedcap Group. Civic Hall’s mission is to support and enable best-in-class programs that help close the digital skills divide and plan for the needs of tomorrow’s workforce. Civic Hall will facilitate groundbreaking partnerships among high-impact tenants, civic and social innovators, workforce training partners, and NYC’s diverse employer ecosystem to work collectively to meet the educational and professional needs of all New Yorkers, especially those from communities too often left behind. For more information about membership opportunities, please visit www.civichall.org. 

 

ABOUT STRALTO 

Founded in 2018, Stralto, a certified minority-owned emerging small business in New York State and City, excels in delivering innovative technology solutions designed for state and local governments in New York City and across the nation. Leveraging the reliable and scalable platforms of Microsoft Dynamics 365 and Power Apps, Stralto aims to transform the way state and local governments offer services. Our company’s mission is to streamline service delivery by integrating every facet of these processes with our advanced solutions, enhancing accessibility, efficiency, and repeatability. Our commitment is to ensure that every investment in our technology yields substantial benefits. Stralto boasts extensive experience collaborating with government entities of various sizes. For more information, please visit our website at www.stralto.com.

 

For media inquiries or more information, contact:

Josh Vlasto, for The Fedcap Group/Civic Hall (josh@joshvlasto.com) 

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