Prisoners to entrepreneurs: Business holds the key to reducing re-offending
Our lead researcher Maximilian Yoshioka writes about our new report, From inmates to entrepreneurs, for startups.co.uk
Despite obvious differences, entrepreneurs and offenders share certain traits.
One is a willingness to disregard convention. Another is an appetite for risk. Indeed, it’s even possible to argue that prisoners are entrepreneurs born under different (i.e. the wrong) circumstances. Given this, maximising their entrepreneurial traits in the right way and with the right guidance could help them start successful businesses, in turn reducing re-offending rates.
That is the case we make in our latest report, “From Inmates to Entrepreneurs”, which reveals that turning prisoners into entrepreneurs could reduce the repeat offender rate from 46% to 14% nationally.
Read the full article here