Court Halts Fearless Fund's Grants for Black Women Entrepreneurs
The U.S. Court of Appeals ruled that the grant program likely violates civil rights laws, impacting efforts to address funding disparities.
- The Fearless Fund's grant program aimed to support Black women entrepreneurs with $20,000 grants.
- The court's decision is seen as a setback for diversity initiatives in venture capital funding.
- Critics argue the ruling perpetuates systemic barriers for underrepresented groups.
- Supporters of the grant program emphasize the ongoing funding disparities faced by women of color.
- The legal battle highlights the broader conflict over race-based initiatives in corporate and philanthropic sectors.
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