Search results
Results from the WOW.Com Content Network
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 ...
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.
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.
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 ...
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.
Just months after the Supreme Court struck down affirmative action in higher education, conservatives have set their sights on a new target: initiatives meant to close racial disparities in business.
On January 27, 2025, memo M-25-13 was released by Matthew J. Vaeth – acting director for the Office of Management and Budget (OMB). [1] [2] The memo said that the federal government of the United States in fiscal year 2024 spent over $3 trillion in federal "financial assistance, such as grants and loans", criticized the usage of "resources to advance Marxist equity, transgenderism, and ...
In 2020, when George Floyd was murdered, the Fearless Fund had been raising money for their first fund, Fund I, for almost two years. Suddenly, Simone says, their phones were ringing off the hook.