Most recently, the American Alliance for Equal Rights - a conservative activist organization that opposes affirmative action - initiated a lawsuit against the Fearless Fund, which awards $20,000 Strivers Grants to Black women entrepreneurs. The suit claims that the Fearless Fund violates the Civil Rights Act's prohibition of racial discrimination in business contracts because other races aren't being considered for venture funding.
Based on my experience as a business school professor at Rutgers as well as an angel investor with the Fund, I have three recommendations to ensure that capable, ambitious, and primed-for-success BIPOC entrepreneurs attain the equity capital that they need for growth: Invest in crowdfunding campaigns that support B
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