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Researched and written by Lisa Armstrong with Eli Dvorkin. Edited by Eli Dvorkin, Laird Gallagher, and Jonathan Bowles. Additional research by Grace Bristol, Sophia Klein, Melissa Lent, Mikako Murphy, Therese Rodrigues, and Charles Shaviro. Designed by Stislow Design.  \nCenter for an Urban Future (CUF) is a leading New York City-based think tank that generates smart and sustainable public policies to reduce inequality, increase economic mobility, and grow the economy.  \nBuilding on JPMorgan Chase ’s existing investments, the firm will harness its expertise in business, policy, and philanthropy and commit $30 billion over the next five years to drive an inclusive recovery, support its employees, and break down barriers of systemic racism.  \nGeneral operating support for the Center for an Urban Future has been provided by The Clark Foundation, the Bernard F. and Alva B. Gimbel Foundation, and the Altman Foundation.  \nEXECUTIVE DIRECTOR Jonathan Bowles  \nEDITORIAL & POLICY DIRECTOR Eli Dvorkin  \nEVENTS AND OPERATIONS MANAGER Stephanie Arevalo  \nEDITOR  \nCharlotte Crowe  \nRESEARCH AND MULTIMEDIA SPECIALIST Melissa Lent  \nDATA RESEARCHER Charles Shaviro  \nBOARD OF DIRECTORS Gifford Miller (Chairman)  \nMichael Connor (Vice Chair)  \nMax Neukirchen (Treasurer)  \nMargaret Anadu Jonathan Bowles Russell Dubner Garnesha Ezediaro Lisa Gomez  \nJalak Jobanputra Kyle Kimball  \nKaty Knight Jessie Lazarus David Lebenstein Eric S. Lee Monisha Nariani Andrew Reicher John Siegal Thomas Vecchione  \nTable of Contents  \nStarting Up & Staying Out  \nStarting Up & Staying Out  ............................................ 1  \nNYC’s Current Support Systems for Reentry Entrepreneurship  ........... 10  \nBarriers to Entrepreneurship for Formerly Incarcerated New Yorkers  ....... 15  \nOpportunities to Build Stronger Reentry Entrepreneurship Infrastructure  ... 19  \nRecommendations to Spark and Support Reentry Entrepreneurs in NYC  .... 22  \nSTART ING U P & STAYING  \nCoss Marte, founder of fitness studio ConBody, leadsan intensive exercise class.  \nStarting Up & Staying Out  \nFEW NEW YORKERS FACE A TOUGHER ROAD TO STABLE EMPLOYMENT TODAY THAN THOSE RETURNING FROM  \na period of incarceration. Indeed, the unemployment rate among people who have been to prison is almost five times higher than among the general population. In New York City, the current rate is hovering near 7 percent, which means that an estimated 35 percent or more of the city’s formerly incarcerated residents are likely unemployed.1 Given these long odds, formerly incarcerated New Yorkers are searching for other ways to generate income—  \nand entrepreneurship provides a meaningful pathway with significant room to grow. Strengthening support for reentry entrepreneurship offers policymakers one vital, yet largely untapped, opportunity to help far more returning New Yorkers succeed in reentry and beyond.  \nAn entrepreneurial spirit already runs through the city’s formerly incarcerated population. Our research shows that up to 40 percent of returning New Yorkers participating in reentry programs are interested in entrepreneurship and self-employment—as many as 5,000 would-be entrepreneurs each year—but far fewer take the leap. For those who manage to vault the initial hurdles, the impact can be transformative. Formerly incarcerated entrepreneurs outearn formerly incarcerated people who never took part in entrepreneurship, even when they seek employment. They are also 33 percent less likely to reoffend.2  \nDespite the power of reentry entrepreneurship to create economic opportunity and reduce recidivism, major barriers remain. These challenges extend far beyond those facing other aspiring entrepreneurs, including probation and parole conditions that mak","cbCaieSoMvsSdoej","https://ap.wps.com/l/cbCaieSoMvsSdoej","pdf",487345,32,"English","# Starting Up & Staying Out\n## NYC’s Current Support Systems for Reentry Entrepreneurship\n## Barriers to Entrepreneurship for Formerly Incarcerated New Yorkers\n## Opportunities to Build Stronger Reentry Entrepreneurship Infrastructure\n## Recommendations to Spark and Support Reentry Entrepreneurs in NYC","[{\"question\":\"What is the main purpose of the report Starting Up \\u0026 Staying Out?\",\"answer\":\"To reduce recidivism and expand economic options by supporting pathways to entrepreneurship for formerly incarcerated New Yorkers.\"},{\"question\":\"How does the report describe employment and entrepreneurship interest among formerly incarcerated New Yorkers?\",\"answer\":\"It notes that unemployment after incarceration is almost five times higher than the general population and estimates that 35% or more of city residents who were incarcerated are likely unemployed. It also reports that up to 40% of participants in reentry programs are interested in entrepreneurship and self-employment, even though far fewer start businesses.\"},{\"question\":\"What barriers does the report identify that hinder reentry entrepreneurship?\",\"answer\":\"The report highlights probation and parole conditions, difficulty accessing credit, high costs for essential items such as business insurance, and the overwhelming likelihood of returning on the wrong side of the digital divide.\"}]","Starting Up & Staying Out - May 2022 | PDF",1792044401,81]