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PEP vs Defy Ventures vs Inmates to Entrepreneurs

Side-by-side comparison of the three largest entrepreneurship programs for incarcerated and formerly incarcerated founders: curriculum, cohort size, capital access, recidivism data, and best-fit profiles.

DimensionPEPDefy VenturesInmates to Entrepreneurs
Founded200420101992
SettingIn-prisonHybrid (online + in-person)Post-release
Duration6 months in-unit + 12 months reentry12 months CEO-of-Your-New-Life + ongoing incubator8-week online course, self-paced
Cohort size~150 per class~50–200 per cohort across multiple sitesOpen enrollment (1,000+ per year)
Cost to participant$0$0$0
Graduates3,200+ graduates (as of 2024)8,000+ EITs served10,000+ enrolled lifetime
Recidivism (program-reported)<7% three-year recidivism (self-reported)~3% one-year recidivism (program-reported)Not formally measured
Capital accessAlumni microloans + business plan competition prizesSeed grants up to $25k via pitch competitionsCurriculum focuses on low-capital startups; no direct funding
GeographyTexas state prisonsCA, NY, CO, NE, IL + virtual nationwideOnline, United States
Best forIncarcerated men in TDCJ seeking a structured MBA-style curriculum before release.Returning citizens nationwide who want investor coaching and a pitch path.Recently released entrepreneurs who need a free, fast, no-gatekeeper starting point.
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Prison Entrepreneurship Program (PEP)

Incarcerated men in TDCJ seeking a structured MBA-style curriculum before release.

Defy Ventures

Returning citizens nationwide who want investor coaching and a pitch path.

Inmates to Entrepreneurs (I2E)

Recently released entrepreneurs who need a free, fast, no-gatekeeper starting point.

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