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Love that Diddy is giving back to the community. Sean “Diddy” Combs is donating $100,000 to support young entrepreneurs fund startup businesses for urban youth across the country.

Allhiphop.com reports the rap mogul was honored on Feb. 13 during the 2011 Annual Bryan-Michael Cox Pre-Grammy Brunch at the Four Seasons hotel in Beverly Hills.

Diddy was so moved by the stories of the budding moguls in the 100 Urban Entrepreneurs program that he has personally committed $100,000 to the non-profit organization.

“”Puff challenged me early on by asking, Son, do you know how hot you really are? I walked away wanting to make even greater music,” Cox said. “Minorities are fundamentally at a disadvantage because many lack the access to financial resources and mentoring opportunities to start sustainable businesses.”

via eurweb