Questions

BEST PEOPLE TO ANSWER 1. Those who have bootstrapped their own business without any support from family, friends, investors (especially those who come from a challenging background) 2. Those who have worked with low-income entrepreneurs who are pursuing "Main Street" businesses ... restaurants, car repair, home repair, courier services, shoe shining, etc. BACKGROUND ON WHO WE ARE For the past ten years, the Prison Entrepreneurship Program has offered "entrepreneurship boot camps" in prison, coached incarcerated participants through writing a full business plan and then helped them to refine their plans through "Shark Tank"-style pitch events to executive volunteers who visit them inside a Texas prison. Our graduates now earn a Certificate in Entrepreneurship from Baylor University's Hankamer School of Business. We then continue to support these graduates after release from prison, providing them with housing, job placement and start-up support. We have had 150 of our graduates start their own businesses, including two that are now generating over $1MM in annual sales. While we are proud of these results, we want to do even more in the future. Your advice could be very beneficial to us as we expand our post-release support for small business development. (Learn more about us at http://www.PEP.org)

THIS IS AWESOME! I love what you guys do! I actually co-founded an organization (www.relifeinc.org) that empowers inner city disconnected youth in Harlem NYC through entrepreneurship and education. I have about 10 years of research on youth development and engagement, especially on ho to curb disconnection and strongly feel that entrepreneurship with sound education is that vehicle that could help turn things around. In fact, all our programs are themed around entrepreneurship, so I am very excited and interested in what PEP represents.
Based on our new pilot program The URBN Youth StartUP, which just ended last month, there are several tips I could give. We spent 12 hours a week with the students (4 days per week, covering concepts and fundamentals of entrepreneurship, basic life and soft skills, financial literacy and micro-finance and innovation/tech day) in addition to having 2 mentors per student (one entrepreneur and one professional). These alongside implementing our HEROES Model for effective youth development (heroesmodel.com) helped us have a successful pilot.
Let me know if you are interested, Id love to talk more.
Cheers


Answered 10 years ago

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