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A federal judge ruled that a venture capital firm can continue offering grants stating a lawsuit claiming the program unlawfully excludes other races was unlikely to suceed.
NNPA NEWSWIRE — Founded in 2019 by three Black women, Fearless Fund has championed economic empowerment and opportunity for women of color. Their flagship initiative, the Fearless Strivers Grant Contest, has provided substantial financial support to Black women entrepreneurs, with awards reaching up to $20,000. However, Blum’s American Alliance for Equal Rights contends that this program violates a section of the Civil Rights Act of 1866, which prohibits racial discrimination in contracts. The post Black Economic Alliance Foundation Joins Fearless Fund in Fighting Lawsuit first appeared on...
Climate Week NYC, Salesforce, in partnership with Climate Policy Initiative (CPI), is launching a Corporate Climate Finance Playbook
The climate finance playbook aims to help businesses better leverage their capital for climate action New grants support global organizations focused on advancing inclusive...
The Black Economic Alliance Foundation has submitted an amicus brief in support of the Fearless Foundation, a foundation that aids women of color in securing venture capital for their startups, mainly focusing on Black women entrepreneurs.