This is Angels with Shoes first featured group: Prison Entrepreneurship Program.
What do you get with venture capitalists mix with prisoners in a healthy setting?
In 2004, former Wall Street investor Catherine Rohr founded PEP, when she toured a prison in TX and noticed the inmates had potential that many executives lacked. These drug dealers knew how to buy low and sell high, the need for product and supply chain and viral marketing. She challenged the inmates to write up business plans and partnered the 55 who did with outside business mentors.
The success rate is unbelievable! This group is doing an amazing work and I am honored to showcase them as the FIRST Angels with Shoes feature presentation!