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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.
The following year, two white men protested that they now felt left out: Edward Blum sued the Fearless Fund to stop a contest for Black women business owners to win $20,000 grants and former Trump ...
In an opinion released Monday, the judges ruled that the Fearless Fund’s Fearless Strivers Grant Contest is ... The legal battle over the venture capitalist firm’s grant program comes amid a ...
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 ...
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 ...
Despite agreeing to shut down the Strivers Grant Contest, CEO Arian Simone says the Fearless Fund remains committed to backing women of color with new funding initiatives.
Fearless Fund recently lost on appeal the preliminary injunction filed against the fund, which blocks the firm from administering a grant program for Black women founders. The firm has committed ...
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.