Prison to Proprietorship for the Formerly Incarcerated Act

This bill amends the Small Business Act to require the Service Corps of Retired Executives to provide entrepreneurship counseling and training to individuals formerly incarcerated in federal prisons across the country. The program would offer one-on-one mentoring sessions over a year, workshops, and instructional materials designed to help formerly incarcerated people start or expand small businesses. Key services include assistance with creating business plans, identifying funding sources, and connecting with local business resources, along with regular surveys to measure participant satisfaction. The bill also mandates annual reports to Congress detailing the number of participants, hours of mentorship provided, demographic information, and an analysis of survey results.