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  2. Black entrepreneurs and DEI efforts face complaints and ... - AOL

    www.aol.com/news/black-entrepreneurs-dei-efforts...

    The Fearless Fund has given $3.7 million to businesses through its grant programs and invested nearly $27 million in about 40 businesses ... The Driving Small Business Forward fund program, a ...

  3. The Fearless Fund founders are sticking to their investing ...

    www.aol.com/finance/fearless-fund-founders...

    The lawsuit alleges that Fearless Fund’s grant program, which awards Black women small business owners $20,000 four times a year in partnership with Mastercard, is discriminatory against ...

  4. Fearless Fund counsel: The court ruling barring grants to ...

    www.aol.com/finance/fearless-fund-counsel-court...

    The Fearless Fund and Fearless Foundation were created in 2018 to help address the disparities in venture capital funding for businesses founded by Black women and women of color.

  5. Federal appeals court blocks Fearless Fund from issuing ...

    www.aol.com/federal-appeals-court-blocks...

    The U.S. Court of Appeals for the 11th Circuit has blocked a Black-owned venture capitalist firm from awarding grants exclusively to Black women entrepreneurs.

  6. Edward Blum (litigant) - Wikipedia

    en.wikipedia.org/wiki/Edward_Blum_(litigant)

    The group's first lawsuit was in 2023 against the Fearless Fund, a venture capital fund that supports Black women business owners, it was founded to award grants to Black women who own small businesses through one of its programs. Blum's lawsuit challenges the legality of the grantmaking program under Section 1981 of the Civil Rights Act of 1866.

  7. Arian Simone says ‘not to act out of fear’ as Fearless Fund ...

    www.aol.com/finance/arian-simone-says-not-act...

    The cofounder of venture capital firm Fearless Fund was there to defend her firm's grant program for Black women entrepreneurs against a lawsuit brought by anti-affirmative action activist Edward ...

  8. Fearless Fund drops grant program for Black women business ...

    www.aol.com/fearless-fund-drops-grant-program...

    A venture capital firm has closed down a grant contest for Black women business owners as part of a settlement agreement with a conservative group that had filed a lawsuit alleging the program was ...

  9. Black women-owned firm targeted by conservative activist for ...

    www.aol.com/news/black-women-owned-firm-targeted...

    Fearless Fund, an Atlanta-based venture capital firm, was sued last week for discrimination for considering only businesses owned by Black women for a grant program.