Appeals Court Blocks Venture Capital Firm from Issuing Grants for Black Women-Owned Businesses in Civil Rights Battle

Atlanta, GA – The U.S. Court of Appeals for the 11th Circuit recently made a significant ruling regarding a venture capital firm based in Atlanta. The court has decided to temporarily halt the firm from issuing grants exclusively reserved for Black women-owned businesses. The decision was based on concerns that such a practice might lead to discrimination against business owners of other racial backgrounds. The case revolves around the Fearless Fund, a venture capital firm …

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