SOURCE: Center4

Center4

February 20, 2014 13:00 ET

Center4™ Announces Grand Opening of New Event & Meeting Space

Connecting Tech Ventures to Nonprofits to Accelerate Social Good

NEW YORK, NY--(Marketwired - Feb 20, 2014) - Center4, an initiative to connect tech ventures and nonprofits to accelerate technology innovation for social good, today announces the grand opening of its state of the art event and meeting space in midtown Manhattan. The new space -- located at 205 West 39th Street -- aims to serve the social innovation ecosystem as the go-to place for the convergence of market-based technology innovation and health and human services. Center4 was founded in 2013 by FEGS Health & Human Services, one of the nation's largest and most diversified nonprofit health and human services organizations, in partnership with its subsidiary, AllSector Technology Group.

"On a national level, the nonprofit sector is a $1.5 trillion market(1) that has been largely untapped by the technology sector," said Ira Machowsky, executive vice president of FEGS. "There are 35,000 nonprofits in New York City alone. Health and human services nonprofits in the tri-state area comprise a $40 billion economy. Center4 is about capturing and leveraging the innovation of the tech boom in New York and directing that energy to the nonprofit sector to help them produce better outcomes for those in need with increased efficiency and reduced costs."

In commenting on the opening, Center4 managing director Jane Del Ser added, "Center4 is a do-tank. We pinpoint where technology can transform service delivery in health and human services and then facilitate collaboration among the private, public and nonprofit sectors to make that transformation happen. The tech sector doesn't really 'know' the social sector, how it operates and what its needs are. We want to put the nonprofit market on the radar of the tech sector as an emerging business opportunity."

A private, grand opening event to both reveal and celebrate Center4's new event and meeting space will be held this evening at its new locale. The event will feature a showcase of 14 tech ventures with innovations directed to nonprofits delivering services in health and human services.

"Our new event and meeting space offers a main event space and separate conference rooms outfitted with the latest A/V equipment, making it an ideal place to connect and convene tech entrepreneurs and nonprofits while nurturing and championing tech ventures, products and services for nonprofit clients. We are very excited to be able to welcome social innovators to our space," concluded Del Ser.

About Center4
Center4's mission is to accelerate technology innovation that strengthens and transforms the health and human services sector to benefit the social good. Named for the emerging "Fourth Sector," Center4 leverages the convergence of the private, public and nonprofit sectors. The Center4 Advisory Board is a blue ribbon group of technologists, entrepreneurs, investors, representatives from philanthropy and other leaders. For more information and to sign up for Center4 email alerts, please visit www.center4nyc.org, like us on Facebook and follow us on Twitter @CenterFour. For information about event/meeting space pricing, contact info@center4nyc.org

About FEGS Health & Human Services
Center4 was founded by FEGS Health and Human Services and is operated by FEGS in partnership with its technology subsidiary, AllSector Technology Group, Inc.® FEGS, one of the nation's largest and most diversified nonprofit health and human services organizations, helps individuals achieve greater personal and economic independence. FEGS' network of programs in health/disabilities, housing, homecare, employment/workforce development, education, youth and family services, help more than 12,000 people each day, over 120,000 people each year, inspiring individuals and families and strengthening communities. FEGS is a beneficiary Agency of UJA- Federation of New York. AllSector is a leading provider of advanced technology solutions to the nonprofit sector since 1998. For more information, please visit www.fegs.org or Facebook.

(1) http://www.ncbf.org/docs/2013/NPQ%20Nonprofit%20Economy%202012.pdf

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