Diddy Donates $250,000 To Future Entrepreneurs!!!

Diddy is cashing out, but in a different way! The media mogul recently donated $250,000 to future entrepreneurs!! 

Diddy has teamed up with the global non-profit, Network for Teaching Entrepreneurship (NFTE) to inspire and encourage the next generation of entrepreneurs or what we like to call the next generation of cash kings and queens!

The organization recently held their finals for the 2013 National Youth Entrepreneurship Challenge at the Times Center in New York City. The challenge was created to empower teens through their entrepreneurial education and to "inspire young people from low income communities to find their path to success." During the event Diddy not only donated his money to the organization but he also donated his time. He met with the four finalist, Juny Nguyen, Jesus Fernandez, Dagim Girma and Toheeb Okenla, and gave them advice on entrepreneurship and invaluable insight on his life as a media mogul. 

During his inspiring speech to the finalist and the organization, Diddy spoke on his support for NFTE:

"I am honored to partner with NFTE on this initiative because I am extremely proud of the work they do every day, helping over 500,000 young people reach their dreams of becoming entrepreneurs. I believe all young people should be given opportunity to be successful and to pursue their passions and NFTE gives all kids the tools they need to be the CEOs of their future."

Diddy is definitely taking his title of 2013 Hip-Hop's Cash King seriously! Being a Cash King/Queen isn't just about having the cars, clothes, or title; it's more about helping and teaching others to follow in your footsteps! Good look Diddy

Side SASS: Jesus Fernandez and Toheeb Okenia, from South Holland, IL beat out 38 teen competitors with their business plan for T&J Soccer which centers on a manufacturing/retail business that sells soccer socks with pockets sewn into them for inserts that protect players' shins during soccer games. Congratulations boys! Major moves! 

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