Being a convicted felon is a career “death sentence” for alot of people. No matter the charge, having to fill out a job application explaining a crime is never a good feeling. Despite a persons past transgressions, the Small Business Association (SBA) is looking to target and help ex-convicts start businesses. "The agency says about 60 percent of formerly incarcerated individuals remain unemployed one year after their release.“ The program will include entrepreneurial introduction, training, and microlending (startup capital) for those who qualify.
"The effort, supported by the W.K. Kellogg Foundation and a St. Louis-based organization called Justine PETERSEN, will specifically target parents who are were formerly incarcerated and are trying to launch small businesses. An initial rollout is planned in Detroit, Chicago, Louisville and St. Louis.”