Little Giant Branding agency co-founder Tayib Smith (the man in the photo above) is set to open The Institute of Hip-Hop Entrepreneurship in Philadelphia this fall. There, students will be able to sign up for nine-week programs, where they’ll learn through hands-on experience from some of the best entrepreneurs, musicians and technologists in the business. There will be no lectures, no standardized testing – and no grades. Instead, students will learn to be able to pitch their business ideas to investors.

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The first class of 36 students is expected to begin for the fall semester. Per their investor, the Knight Foundation, The Institute of Hip-Hop Entrepreneurship will be “Increasing economic opportunity by using hip-hop to provide hands-on business training to members of low-income groups.”

Get more details via CNN.