About PEPCommonwealth formed an operating partnership with the Prison Entrepreneurship Program (PEP) to create a venture fund for Second Chance businesses. Since 2004, PEP has produced the nation’s leading results in the prison rehabilitation industry by dramatically reducing return-to-prison rates while considerably increasing employment rates and business ownership. Now Commonwealth will help accelerate that success via impact investing.
By Jay Hein Can you imagine introducing yourself with your name and the one thing in life that brings you the most shame? To attend CEF, we were asked to write a paper revealing our best ideas, along with a bio summarizing career highlights and a “3-2-1” list (favorite blogs/podcasts, ways to relax, and hoped-for […]
On November 20th, 2019, the Prison Entrepreneurship Program (PEP) hosted the “Barbed Wire to Business Accelerator—Fueling Growth through Impact Investing” event at the George W. Bush Presidential Center. The event showcased three PEP graduate-owned companies, competing in a PEP pitch-competition, with judges and real investor dollars available to accelerate their businesses for social good. The […]
By Jay F. Hein 1 Finding Justice A trip on the President’s helicopter, Marine One, was surely an unusual place to see the streams of justice, truth and grace come together. It would be more likely that raw power would be on display as we lifted off from the South Lawn and escalated toward the […]
Sagamore’s Amy Sherman is a senior advisor to the International Justice Mission. At an event at Sagamore on June 24, 2013, Dr. Sherman hosted bestselling author Corbin Addison whose novel, A Walk Across the Sun, narrated the plight of young women attempting to survive Mumbai’s infamous brothels. This story illuminates the crisis of modern day […]
From Christianity Today: Out of Christian compassion, Paul Herbert created CATCH Court for women arrested on the streets. In 2008, Paul Herbert was using Rick Warren’s The Purpose Driven Life to disciple his teenage daughters on Sunday evenings. They weren’t enjoying it much. One night, they turned the tables on him. “One asked me, ‘Daddy, […]
From Christianity Today: How faith-based nonprofit Grace Period is turning the tide on predatory lending. To a hardworking mom facing a cash crunch, a payday loan can seem like awfully good news—the chance to borrow some money in advance of a paycheck that is days or weeks away. But when that paycheck actually arrives, paying […]
