Q: I'd love to start my own small business, but I just don't have the financial or other resources I would need right now. I'm a millennial, and sometimes I think someone of my generation just isn't ready to take on the responsibility of small-business ownership. But I also hate the thought of working for someone else until I can accumulate enough money and experience to strike out on my own. Any suggestions?
Insights into the world of small business lending and development
On one morning late this spring, dozens of inmates at Solano State Prison in Northern California scurried around the penitentiary's gym, ready for a life-changing day. They were about to pitch their business ideas to a squad of Silicon Valley's elite tech leaders and venture capitalists. The prisoners were part of an entrepreneurship program by a nonprofit company called Defy Ventures. The inmates, or entrepreneurs-in-training (EIT for short), take courses for an average of six months that teach them how to turn their small business ideas into reality.