Defy Ventures

Description

• America is touted as the land of opportunity and second chancesa land of liberty and justice for all. But this isnt the case for the 100 million Americans with criminal histories, who remain permanently stigmatized. Today, 30% of 23-year-olds have records. Defy Ventures is a national entrepreneurship, employment, and character development training program that recognizes the potential in many former drug dealers and gang leaders to become successful, legal entrepreneurs. We transform the hustle of our formerly incarcerated Entrepreneurs-in-Training (EITs) by offering intensive leadership development, Shark Tank-style business pitch competitions, executive mentoring, financial investment, and startup incubation. We build a life-giving, authentic community between EITs and our executive volunteers as they bond in their humanity through their collaboration along the entrepreneurial journey. Leveraging technology, weve created a blended learning model that holds the promise of scaling globally to revitalize the most underserved communities. We combine video-based training with in-person mentoring and events. Our online instructors include underdog-loving influencers like Randy Komisar (Kleiner Perkins), Tim Draper (Founder, Draper Fisher Jurvetson), Duncan Niederauer (CEO, NYSE), five Harvard Business School professors, two Stanford Business School professors, and Seth Godin (marketing guru). Since its founding in 2010, Defy has served 1,700+ EITs across 18 states and 20 correctional facilities, and engaged 3,500+ executive volunteers. Defy has incubated 150 of its graduates companies, which in turn have created more than 350 employment opportunities for people in their communities. Grads report a 95% employment rate, and Defys recidivism rate to date is less than 5%. (Nationally, 76.6% of people are rearrested within five years of release).
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  Headquarters:5 W 181St St , New York, New York, United States

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  Phone Number: +1 212-268-2800

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  Website: https://www.defyventures.org

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  Employees:71

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  Revenue:$10 - 50M

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  Legal Name:Defy Ventures

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• |  NAICS Code: 561599  |

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