The Sean “Diddy” Combs Entrepreneurial Fund

THE SEAN “DIDDY” COMBS ENTREPRENEURIAL FUND will provide the resources to bring 15 talented young businesspeople into 100 Urban Entrepreneurs’ funding-and-mentoring program. Made possible by a $100,000 donation to 100UE from Combs (the mogul made the gesture in February 2011 at the annual pre-Grammy brunch hosted by producer Bryan-Michael Cox, who sits on 100UE’s advisory board), the Diddy Fund — augmented by $50,000 in financing from 100UE’s own Carriere Foundation — will provide $10,000 startup grants, as well as eight weeks of intensive business mentoring, to urban entrepreneurs in numerous industries.

As new recipients are brought into the Diddy Fund, we’ll provide plenty of additional information about this select group of entrepreneurs.

(From left: 100UE funded entrepreneurs Brittany D. Brown and Ronald Young; 100UE advisory-board member Bryan-Michael Cox; 100UE fundee Lameka Weeks; Sean “Diddy” Combs; and 100UE fundee Eric Anthony Johnson)