
Defy Ventures, Inc.
Defy Ventures, Inc.
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More about this organization
Mission
Defy Ventures is a national nonprofit with a vision to cut recidivism in half by leveraging entrepreneurship to increase economic opportunity and transform lives. Defy's entrepreneurship, career readiness, and personal development training programs are helping currently and formerly incarcerated people defy the odds in eight states and 16 prisons across the country. Because public attitudes toward people with criminal histories affect their chances of success post-incarceration, Defy's mission is to shift mindsets to give people with criminal histories their best shot at a second chance. Together with the thousands of business executives and leaders in our network, we are helping to shift the conversation and landscape of opportunity for formerly incarcerated people. Join us!
About
We're proud of Defys results and are excited to show supporters the results of their investment of time and funding. Since the launch of our program in January 2012, Defy has:1.Served over 5,500 Entrepreneurs in Training (EITs) in our in-prison and post-release program. EITs complete a rigorous six- to nine-month curriculum culminating in a business pitch competition and graduation as part of the in-prison program. The post-release program includes workshops, mentoring, and a business incubator.2.Engaged 4,800+ executive volunteers from hedge funds, investment banks, venture capital and private equity firms, Fortune 500 companies, and entrepreneurial ventures. Volunteers served as business pitch competition judges, mentors, and resume coaches. 3.Grown to serve in seven states (NY, CT, CA, CO, IL, WA and ND).4.Secured eight employment partners to source and provide jobs for released EITs who have completed our in-prison program.5.Recorded a recidivism rate of 7.2%.6.Recorded an 82% employment rate for released EITs who have completed our program.7.Launched 140+ businesses, including incorporation and seed funding.8.Raised over $22.1 million in private funding since inception (2010).
