Prison to Proprietorship Act

Key Points

• The bill requires the Small Business Administration to work with the Bureau of Prisons to offer business training to people in federal prisons. This training would be provided by local business centers that usually help women and small business owners.
• People in minimum, low, or medium security prisons would learn how to write business plans, manage money, and find funding to start their own companies. Priority is given to those who will be released within 18 months.
• The program aims to help people successfully return to their communities by giving them the skills to work for themselves. Participants can continue receiving help from these business centers even after they are released from prison.
• The Small Business Administration would provide certificates to those who finish the training and must report every year on how many people were helped and whether the program is working.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.