Stimulating education & innovation.

 
 

Reentry Ventures Students

Education

The cycle of incarceration inflicts enormous financial, social & emotional costs on victims, families and communities. Every dollar that must be spent on corrections is a dollar that is no longer available for education. The good news is that many are beginning to realize our mistake, as a society. Entrepreneurship is a viable alternative to traditional employment opportunities for those reentering society from prison or jail.

Tracey D. Syphax and C.J. Meenan

Innovation

If people returning home from prison pursued entrepreneurship, it would undoubtedly make a significant impact on innovation. If between one and seven percent of people leaving state or federal prison next year started their own businesses (i.e., the percentage of welfare-to-work participants who start businesses in addition to or instead of securing traditional employment), 6,500 to 45,000 new businesses would be created in the U.S.