Fearless Fund barred from awarding grant to Black women founders
Experts and venture industry insiders following the Fearless Fund case remain dumbfounded as it continues to unfold.
Source: techcrunch.com
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Fearless Fund barred from awarding grant to Black women founders
The Fearless Fund suit is heating up in Atlanta’s 11th Circuit. A panel of three appellate judges on Saturday temporarily blocked Fearless Fund from awarding its $20,000 Fearless Strivers Grant to Black women entrepreneurs as the lawsuit filed against it makes its way through the courts. The American Alliance for Equal Rights (AAER), led by Edward Blum, who was behind the efforts to overturn affirmative action, sued Fearless Fund in August, alleging that its Strivers Grant program discriminates against non-Black women.
Source: yahoo.com