Over the past few months we have been reporting on the Fearless Fund. This is a venture capital fund that seeks out businesses led by women of color and provides pre-seed, seed-level, or Series A financing. As their website states, “Our mission is to bridge the gap in venture capital funding for women of color founders building scalable, growth aggressive companies.”
Our last story on the Fearless Fund ran on 10/30/23, and reported that the Fearless Fund was ordered by the 11th Circuit Court in Atlanta to suspend its Strivers Grant contest which awards $20,000 to small businesses that have at least one woman of color in a leadership role. The court ruled that considering applications only from women of color constitutes racial discrimination.
Read More