Sean Combs has announced his support of the Network for Teaching Entrepreneurship (NFTE), a non-profit aimed at empowering at-risk youth through entrepreneurship education.

"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," he said via press release. "I believe all young people should be given the 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."

"NFTE is so honored that Sean Combs has chosen to partner with our organization," added Amy Rosen, CEO and President of NFTE. "His life and accomplishments speak directly to the students we serve everyday in some of the most under-resourced public schools. Through Mr. Combs personal commitment and the services his various companies are performing for NFTE, this partnership will help us reach our goal of instilling the entrepreneurial mindset in one million young people over the next five years."

Mr. Combs, and the companies that he heads, will support the organization in numerous ways, including the sponsorship of events, participation in the Dare To Dream Auction where one winner will be provided with mentorship from Mr. Combs and co., and more. In addition, Blue Flame Executive Vice President Dia Simms will join the non-profit's board of directors.

"I am extremely honored to be part of an organization focused on supporting and offering youth total access to their tomorrow," said Ms. Simms. "With NFTE, education extends beyond classroom walls and into the real world, and I am proud to be part of this evolution of education."

Watch a video message from Mr. Combs below.

Michael Malone of Broadcasting & Cable is reporting that, according to sources, Diddy's latest venture will be a music-focused cable network called Revolt, which he is hoping to launch on December 12 of this year - 12/12/12.

Anonymous sources are cited heavily throughout the story. According to them, Andy Schuon, who has held many positions in the music and entertainment industries will be a part of the new company. Comcast and Time Warner Cable are said to be among those who have signed off on distribution, meaning that the network could reach at least 18 million households.

None of the companies involved, including Bad Boy Entertainment, would respond to Malone's requests for comment.

According to a report by TMZ, the last time that late rapper Heavy D stepped into a recording studio was in July. The studio? Bad Boy's Daddy's House recording studio where he was finishing up his latest album, "Love Opus." TMZ has photos.

Heavy D passed away earlier this week at the age of 44.

Crain's New York Business reported, at the end of August, that Bad Boy Worldwide had hired Love Whelchel III as Chief Human Resource Officer.

Prior to taking this role, Whelchel was the Chief Talent Officer at the New York offices of marketing and communications company Y&R or Young & Rubicam.

Black Star News has an interview with him.

According to the New York Post's Page Six, Bad Boy has hired etiquette expert Dawn Bryan, the author of "The Art and Etiquette of Gift Giving," to train new employees in social and business etiquette.

As an example, the Post says that Ms. Bryan recently led an educational session that included dining etiquette, such as how to use dinnerware in formal gathers and how to select wine, as well as how to exchange business cards in Japan.

Via myfoxdc.com.

The last few months have been a little crazy and, as such, we have been focusing on high level stories - or stories that happened to cross my desk - here at Bad Boy Blog. At the same time, being a comprehensive source, I at least wanted to summarize some of the stories that fell through the cracks during this time. Check out some of them below.

Former Bad Boy Chief Marketing Officer Amani Duncan Heads to C.F. Martin & Co.

According to a press release, Amani Duncan - former Chief Marketing Officer for Bad Boy Entertainment has been hired by C.F. Martin & Co. as the Director of Promotional Marketing. The company manufactures guitars and related accessories. Congratulations to Mrs. Duncan.

Tao of Talani and UPTOWN Magazine Go Behind the Scenes at Blue Flame

Tao of Talani and UPTOWN Magazine both released features - in November and September, respectively - taking a look at the operations at Blue Flame, Bad Boy's marketing and ad agency.

On Twitter, Diddy mentioned that Crain's New York Business had listed Bad Boy Worldwide Entertainment Group third on it's list of the top minority owned businesses in the New York area.

For the purpose of the rankings, the New York area includes New York City and Nassau, Suffolk and Westchester counties in New York and Bergen, Essex, Hudson and Union counties in New Jersey. In order for a company to quality, they must be a privately owned business that is headquartered within the New York area and at least 51% of the company must be owned by minorities.

At the bottom of the rankings, Crain's notes that Bad Boy did not respond to this year's survey and that some data is estimated based on other published information. So, for example, the $300 million in revenue and 600 employee numbers are both estimates.

Black Enterprise recently released their list of the top executives in advertising and marketing. Included in the list was Ericka Pittman, VP of Brand Strategy at Blue Flame, Bad Boy's marketing and advertising agency.

Andrew Longstreth of The American Lawyer reports on the lawsuit filed by the bankruptcy estate of Trans Continental (previously run by Lou Pearlman, the former music manager now in jail for organizing a Ponzi scheme) against MTV, Viacom and Bad Boy (both the recording and film production units).

In short, the estate alleges that MTV, Viacom and Bad Boy worked together to strip Trans Continental of its rights in the "Making the Band" television series, which originally featured Pearlman at the helm, similar to the manner in which Diddy would lead the series from "Making the Band 2" and on.

They claim that they have rights and a financial interest in not only "Making the Band," but also "Making the Band 2," "3" and "4," as well as "Making His Band" (which found Diddy building a live band for his tour). In addition, they insist upon rights to "There & Back" (an MTV reality show featuring former O-Town member Ashley Parker Angel), "Taquita & Kaui" (the very short-lived reality show featuring a pair of "Making the Band 3" contestants) and even the untitled reality show said to feature Dawn Richard and Qwanell "Que" Mosley, as supposed spin-offs of the main series.

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In the clip below, Bad Boy songwriter Jack Knight discusses his role in "Duets: The Final Chapter" by The Notorious B.I.G., as well as his background and songwriting in general.