MSA Stories

“The lack of capital is one of the reasons why people go back to prison. Returning citizens can add a lot of human capital to existing businesses if given a fair chance.”
-Altimont Wilks, owner and operator of Carmen’s Corner in Hagerstown, Maryland

Concept Paper Key Takeaways:

• Reentry entrepreneurs and employers play an integral part in the circular economy and are frequently underrepresented. As such, it is essential to understand the barriers they face.
  

• There is a growing body of evidence that supports the notion that entrepreneurship can have a significant impact on previously incarcerated citizens. These entrepreneurs earn more than formerly incarcerated individuals who did not pursue entrepreneurship and are 33% less likely to re-offend.
  

• Small business owners, regardless of their background, face significant challenges when seeking capital for their ventures. However, these challenges are notably heightened for reentry small business owners with a criminal history.