By Bria Overs Originally appeared in Word in Black First, they came for affirmative action in colleges. Then, they set their eyes on Black businesses. A Black woman-led venture capital […]
Tag: Civil Rights Act of 1866
Posted inBusiness, Finance, Homepage, National
Black Economic Alliance Foundation Joins Fearless Fund in Fighting Lawsuit
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.