A chance to start again
Leaving prison did not mean leaving its stigma behind.
Finding someone willing to offer a job could be difficult, even for people determined to make a fresh start.
We wanted to give them another way forward. We helped aspiring business owners work through the practical details: what to sell, where to trade, how much they needed, and where to turn for advice.
Our aim was straightforward: help people earn a living and build a future they could take pride in.
From an idea to a business
Our first entrepreneurship class ran in August 2012. We worked with the Industrial & Services Co-operative Society (ISCOS), which supports former offenders, to reach people who wanted to start a business but needed help getting started.1
Learn
Participants worked through the basics of starting and running a small business. The courses were open to former offenders and others facing barriers to work, including people from low-income families, people with disabilities and young people at risk.
Make a plan
Mentors helped participants develop their ideas, find suppliers and look for suitable premises. We also helped them prepare business plans and find financing. The Social Enterprise Hub (SE Hub) ran a microcredit scheme for people who struggled to obtain a bank loan.
Get started
By early 2013, about 20 people had attended our first two courses, and four were running businesses. One participant opened a food stall with a S$25,000 loan from SE Hub, serving prata and claypot briyani with help from his family.2
At the workshops
Our “Get Funded to be Your Own Boss” workshops brought people together in small groups. Kaiwen and volunteer trainers shared their experience, worked through business ideas and made time for questions. ISCOS subsidised places on the course, and we adapted the training to participants’ needs.3
That support continued as participants put their plans on paper, from working out costs and expected income to preparing cash-flow projections.
From our January 2013 posts
From our January 2013 posts
From our January 2013 posts
Learning on the job
Got Food? brought the training into a working food business. Former offenders joined as apprentices, learning to cook and handle the daily work of running an outlet: serving customers, organising supplies and marketing the business.
The idea was to give suitable apprentices a route to running a business of their own through a sub-franchise licence.1
The founding team
Along with founder Kaiwen Leong, Wenyou Tan and Edward Choi built Princeton Mind to help people leaving prison start businesses of their own.
In print
“Princeton Mind helps ex-offenders reintegrate into society through entrepreneurship.”
“Everybody makes mistakes and deserves a second chance.”
“I’m really happy to have a business of my own.”
- Ex-offender gets help to start life anewBryna Singh · Read a reprint
- A heart for businessSara Yap
- Insider’s account of gambling addictionJanice Tai · Our wider mentoring work
- Kaiwen Leong and Princeton MindNeo Ping May · University magazine
- Wenyou Tan on entrepreneurship and Got Food?Faculty of Engineering annual report