Fearless Fund is shutting down its contested Strivers Grant program | TechCrunch
Briefly

The American Alliance for Equal Rights encouraged the Fearless Fund to open its grant contest to Hispanic, Asian, Native American, and white women, but the firm has decided instead to end it entirely.
Race-exclusive programs like the one Fearless Fund promoted are divisive and illegal. Opening grant programs to all applicants, regardless of race, is enshrined in our nation's civil rights law.
The Fearless Fund and the Fearless Foundation are pleased to end the case and continue to focus on helping under-resourced entrepreneurs who have been ill served by traditional capital markets.
I pledged to stand firm in helping and empowering women of color entrepreneurs in need. I stand by that pledge today and in fact my commitment remains stronger than ever.
Read at TechCrunch
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