Madconsole has kept readers informed regarding Fearless Fund’s courtroom battle to provide business grants to Black women. Today, we are happy to announce that Fearless Fund CEO and co-founder Arian Simone will speak at the Disrupt 2024 Builders Stage in a fireside chat discussing her organization’s fight for racial equity.
Fearless Fund was sued last August by the American Alliance for Equal Rights, which alleged that the organization racially discriminated against non-Black founders because it offered a grant for businesses owned by Black women. This June, an appeals court ruled that Fearless Fund’s business grant likely violates Section 1981 of the Civil Rights Act of 1866 and has banned the grant’s deployment indefinitely.
Fearless Fund is one of many organizations facing the heat for having programs focused on diversity, equity, and inclusion. As a result, the future of many of these initiatives is uncertain. But the fight isn’t over yet. Join us for a fireside chat about what happens when civil rights comes to venture capital, only at this year’s Disrupt.
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