Bread Financial(TM) Awards $250,000 Grant to the Fedcap Group To Support Financial Empowerment

Grant will also support job fairs to connect individuals trained at Civic Hall to jobs in the tech sector

NEW YORK, NY / ACCESSWIRE / October 17, 2023 / The Fedcap Group announced it has received $250,000 from Bread Financial to make the Single Stop benefits screening platform available when Civic Hall at Union Square opens this fall. The grant will also support the launch of a financial literacy program at Civic Hall as well as job fairs to connect individuals to jobs in the tech sector.

The Single Stop platform provides easy, seamless access for individuals to check their eligibility and begin the application process for dozens of essential government benefit programs. The generous financial support by Bread Financial will ensure Single Stop is accessible to every individual who walks into Civic Hall, including those in educational partner programs, community meetings, and other public events, including job fairs.

Civic Hall at Union Square will provide a comprehensive offering of digital skills and tech training programs to meet the New York City tech sector's growing workforce needs and serve as a hub for tech innovation and entrepreneurs. In collaboration with training providers that include LaGuardia Community College and the Data School New York, the facility will primarily train individuals from underserved communities to place them in well-paying, sustainable tech jobs, to provide financial stability and well-being.

"We are grateful for the support from Bread Financial to help us achieve our mission to have Civic Hall serve as New York City's leading tech training, innovation, and entrepreneurial hub," stated Christine McMahon, president and CEO of The Fedcap Group. "We believe supporting our students and the Union Square community extends beyond the classroom and want to ensure that anyone who walks through our doors gets the support they need to grow and live their dreams. Having Single Stop as part of our suite of wraparound services has always been a core part of our plan for Civic Hall, and we are looking forward to launching this fall."

"Bread Financial is proud to partner with The Fedcap Group to create pathways to economic equity for underserved populations of New Yorkers," said Dana Beckman, vice president and chief sustainability officer at Bread Financial. "This groundbreaking new facility will provide community members with valuable support that further ensures the likelihood of completing job training programs and securing employment. From job fairs to childcare, these programs will help individuals gain access to higher wages, and build a more competitive, inclusive workforce. We look forward to seeing the positive impact these programs make in the community."