Provides entrepreneurship counseling and training services for formerly incarcerated individuals to help them start or expand a small business.
The Prison to Proprietorship for the Formerly Incarcerated Act amends the Small Business Act to mandate the Service Corps of Retired Executives to offer entrepreneurship counseling and training services to formerly incarcerated individuals. These services include mentoring, workshops, instructional videos, and assistance in identifying business opportunities and sources of capital. The Act also requires the collection of data on the number of individuals mentored, hours of mentorship, demographics of recipients, and satisfaction surveys.
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