The Nick Cannon Foundation Launches Its Search For Future Moguls

Last week Nick Cannon headed back home to San Diego, CA all to pay it forward.Nick's philanthropic organization, Nick Cannon Foundation, Inc in partnership with JPMorgan Chase & Co  collaborated with the San Diego Unified School District’s (SDUSD) College, Career and Technical Education (CCTE) Annual Showcase to launch a new competition for San Diego youth titled “America’s Teen Mogul (ATM) Summit and Student Business Plan Competition”.The ATM competition was designed to expose youth ages 12 to 19 to the global career and entrepreneurship opportunities available in San Diego in the entertainment and growing middle-skill priority job sectors. A recent report commissioned by JPMorgan Chase revealed that growing job sectors in San Diego include: Advanced Manufacturing, Health Care, and Information and Communication Technologies. The ATM competition encouraged students to explore opportunities in these sectors.The event took place on Wednesday, June 1, 2016 at Liberty Station Conference. More than 40 student teams from nine San Diego high schools participated in business plan training workshops held by the Foundation leading up to the competition. A total of 27 teams made final entries to the competition across all priority industry sectors.The 1st place prize of $5,000 and a pair of Nick Cannon’s NCREDIBLE Wireless Headsets by Radio Shack was awarded to Firas Mosalam, of University City High School, who entered the contest alone. Firas presented a business plan for a new automatic eye drop dispenser for elderly patients with dexterity issues representing the healthcare priority business sector. The Foundation awarded Myeisha Peguero Gamino, JPMorgan Chase Foundation’s Vice President of Corporate Responsibility, with the 2016 NCREDIBLE Business Executive Award and SDUSD’s Betty Jo Acker with the 2016 NCREDIBLE Academic Executive Award.The annual CCTE Showcase connects business partners with students and teachers to develop a strong foundation for the economic future for San Diego. Students presented products they produced and business problems they solved in collaboration with members of the local business community. Example projects included biomedical solutions, game design apps, automotive innovations, photographic art and robotics. During the event Nick spoke on why this is such an important event in his home city,  “I am truly inspired by the collective community support for this event and excited about this wonderful opportunity to teach and expose San Diego youth to the myriad of career opportunities available in the global economy,”. As a product of the San Diego community and public school system, I feel a sense of responsibility to give back and to motivate others to give.” In addition to the generous support of Nick Cannon, the ATM Competition is sponsored and supported by JPMorgan Chase & Co., Cox Communications, Radio Shack, Highsmith Branding Group and theRenaissance Downtown San Diego Hotel. To learn more about the annual ATM Competition, visit, or call Ron Highsmith of the Highsmith Branding Group, Inc., at (202)297-2379. Media inquiries can be directed to clips of Nick and the kids speaking with local San Diego news channel's KUSI and CBS8.