The Prison Entrepreneurship Program (PEP) is unique in that it recognizes the entrepreneurial skills of gang leaders, drug dealers and other types of prisoners and uses those skills to help inmates apply them in a positive and legal way, with remarkable results. Click here to go to website.
In a soon to be released annual report, the nonprofit organization Prison Entrepreneurship Program will tout some of its outstanding achievements:
Awarding the 1,000th diploma to a PEP graduate
Keeping the three-year recidivism rate among its graduates below 7%
100% of active graduates were employed within 90 days of release from prison, a higher employment rate than any Ivy League school
graduates formed at least 44 new businesses
Its second graduate-owned business surpassed the "million dollar" sales milestone!
graduates themselves donated an all-time high of more than $15,000, a remarkable change "from felon to philanthropist"
One of the ways PEP achieves such success is by bringing selected prisoners together with business and educational leaders in an MBA-curriculum program. The curriculum includes reading Fyodor Dostoevsky’s novel “Crime and Punishment.”
Texas Monthly recently published an article on how PEP participants have come to see their own lives reflected in the life of the novel’s protagonist Raskolnikov, and come away with a better understanding of their past criminal actions. PEP invites those who read the Texas Monthly article to share it with others.