Over the weekend, Big Sean hosted an entrepreneurial competition in his hometown, Detroit.
The “Bounce Back” rapper helped young entrepreneurs from historically black colleges with his new competition called “Moguls in the Making,” where students compete for internships and scholarships, reported Detroit’s Fox 2.
“I’m just somebody truthfully that believes in giving back, you get what you give,” Big Sean said.“Take out the entrepreneurs, the future business owners and give them a shot.”
Sean partnered with Ally Financial and the Thurgood Marshall College Fund for the competition that promotes financial literacy among students.
The competition started out with 500 applicants that were narrowed down to 50. Those 50 applicants were brought to Detroit for coaching sessions, and then they pitched ideas to a panel on how to improve the city of Detroit.
“We feel like particularly with these colleges kids don’t get the same opportunities that a lot of other colleges and universities get,” Andrea Brimmer, Ally Financial Chief Marketing and PR Officer, said.
Big Sean judged the teams himself on Sunday (Mar. 31).
“I’m just expecting great minds, great ideas in the pitch competition, and entrepreneurship at its finest really just black excellence to say the least,” Big Sean said.
The winning teams will earn an internship with Ally Financial, a $5,000 scholarship, and a laptop.
“People sharing their information to the next generation, and onto the next, I just want to keep that going,” Sean said.
Big Sean aspires to make the competition annual.
“If I can help somebody that gives my life way more purpose than just focusing on myself,” Big Sean said.
Glennisha Morgan is a Detroit-bred multimedia journalist and writer. She writes about intersectionality, hip-hop, pop culture, queer issues, race, feminism, and her truth. Follow her on Twitter @GlennishaMorgan