Fearless Fund drops grant program for Black women business owners in lawsuit settlement

Tuesday marked the ‘peak’ of the 2024 Atlantic hurricane season.

In a statement, Blum, who also brought the case that resulted in the affirmative action ruling, reiterated his view that “race-exclusive programs like the one the Fearless Fund promoted are divisive and illegal." “By strategically avoiding a Supreme Court ruling that could have eliminated race-based funding, we protected vital opportunities for the entire Black and brown community,” Crump said in a statement.In statement, Blum said “it is to be hoped race-exclusive programs like the one offered by the Fearless Fund will be stopped and opened to everyone, regardless of their race.

David Glasgow, executive director of the Meltzer Center for Diversity, Inclusion, and Belonging at New York University’s School of Law, said the decision to settle the lawsuit was not surprising because “the gamble you are making in cases like this is that if you continue fighting you will get more adverse rulings that have the potential to cause wider damage.”

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Fearless Fund drops grant program for Black women business owners in lawsuit settlementA venture capital firm has closed a grant program for Black women business owners as part of a settlement with a conservative group that had filed a lawsuit alleging the program was discriminatory. Both sides announced the settlement Wednesday, two months after a U.S.
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