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Conservative Group Sues Black Venture Fund for Racial Bias [Video]

Women in Business
Fearless Fund – screenshot

*A group founded by the man who led the fight to end affirmative action in higher education has filed a lawsuit against Fearless Fund, a venture capital firm that invests in Black female entrepreneurs.

Edward Blum, the founder of Students for Fair Admissions, the group behind the anti-affirmative action case that reached the Supreme Court, is suing the fund, ABC News reports.  The conservative organization argues that the fund is “operating a racially discriminatory program that blatantly violates Section 1981’s guarantee of race neutrality.”

Applicants who win the Fearless Strivers Grant Contest receive $20,000 grants. According to the lawsuit, the program is “open only to Black females.”

Race discrimination is prohibited by Section 1981 in contract making and enforcement. American Alliance for Equal Rights argues “the submission of an entry forms ‘a contract’ between Fearless Fund and the applicant,” according to the complaint.

“The program being challenged is racially exclusive, thus violating …

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