Talent incubator REC Philly is expanding to Miami, and Sean “Diddy” Combs is helping to make it happen. Sean Combs Capital is investing $2 million to help the Philly-based startup to create REC Miami.
Sean Combs Capital is investing $2 million to help the Philadelphia-based startup which operates its 10,000-square-foot facility in Center City’s Fashion District to create REC Miami.
“Our goal is to make sure that independent creators have the information, tools and resources needed to win and level the playing field,” said Combs, in a statement announcing the new enterprise. “This partnership is about the future of the creator economy and helping REC expand to serve more creators in cities and countries around the world.”, which will not only utilize REC’s spaces but tap into its talent for projects, according to information provided by the company.
in Warminster, the business partners, both now 31, started with little but their shared passion for the creative arts and their entrepreneurial spirit.The REC model is not a proponent of the starving artist school of creativity. Besides providing creators with the tools they need, REC also functions as a creative agency that has helped direct nearly $2 million directly to its members.
“I’m personally very excited to bridge the gap in Miami, the way that we’ve done here in Philadelphia,” he said in an interview Wednesday, “where the brands and the local community now have a very clear way to work with local creators.”“The driver is the level of talent in a city and the level of infrastructure of the industry in the city,” he said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forex Today: Pain for the EUR means gains for the USDWhat you need to take care of on Wednesday, September 7: The greenback extended its winning streak, ending Tuesday higher against most of its major ri
Read more »
PolitiFact - What the federal infrastructure bill means for water systems nationwideThe federal infrastructure bill will provide about $55 billion to fix America's drinking water infrastructure over the next 20 years. Much of it will be given to states, which in turn will lend it to local governments.
Read more »
More shrubs means way more moose in western AlaskaClimate change is causing ecosystem shifts in the North that are affecting animals and hunters. Via highcountrynews
Read more »
Commercializing COVID likely means more out-of-pocket costsAmericans will soon no longer have free access to government-funded COVID tests, treatments and vaccines. Those tools will move to the private sector — and likely be subject to some of the same issues found in the rest of the health care system.
Read more »
The recent whipsaw for stocks means the bear market is still with us, says this strategistOptimists hoping the S&P 500’s month-long bounce off its mid-June trough signaled the start of a sustained bull run have been confounded.
Read more »