Appeals Court Decision Rules Against Fearless Fund's Grants to Black Women

Monday, 3 June 2024, 21:45

An appeals court has ruled that VC Fearless Fund's Strivers Grant potentially violates the Civil Rights Act of 1866 by considering race in contracts. Despite the setback, the fight over the legality of granting funds specifically to Black women continues with legal controversies.

https://store.livarava.com/afae79a1-21f2-11ef-a3fb-9d5fa15a64d8.jpg — Appeals Court Decision Rules Against Fearless Fund's Grants to Black Women

Court Decision on VC Fearless Fund Grants

The recent appeals court ruling has brought legal controversies to the surface regarding the grant provided by Fearless Fund.

Violation of Civil Rights Act of 1866

The court mentioned that granting money based on race could be non-compliant with the historical act that prohibits such discrimination.

The Continuation of Legal Disputes

This case sheds light on the complexities of funding allocation
Lack of clarity on the boundaries between equality and affirmative action

Despite the court's ruling, the dispute over supporting Black women in the VC sector persists.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.