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Defy Ventures, Inc.

NEW YORK, New York

Defy Ventures “transforms the hustle” of currently and formerly incarcerated men, women, and youth by providing entrepreneurship training, intense character and personal development, job placement, executive mentorship, startup incubation, and “Shark Tank”-style pitch competitions with prizes of up to $15,000 in startup capital per business. Leveraging a blended learning model, Defy combines the scalability, efficiency, and cost-effectiveness of video-based training with life-transforming opportunities for growth through in-person coaching and mentoring. Defy empowers “Entrepreneurs-in-Training” (or “EITs”) to launch successful careers and businesses and break generational legacies of poverty and incarceration.

$100,000 in sales per week … 80% profit margin … 90% repeat business … At a startup demo day in Silicon Valley, this company would have generated significant buzz in the venture capital community — had the core product not been cocaine. In communities where legal business opportunities are scarce or educational and economic inequalities disadvantage those from underprivileged backgrounds, many would-be entrepreneurs end up as gang leaders or drug dealers — and ultimately as ... Read More

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