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Atlanta, GA (December 7, 2023) – The following statement is from the Fearless Fund and Fearless Foundation. On Wednesday, attorneys for the entities filed a brief in the U.S. Court of Appeals, 11th Circuit, in the ongoing lawsuit brought by American Alliance for Equal Rights.
“Women of color-owned businesses are a vital, growing sector to our economy yet received less than one percent of venture capital funding,” said Arian Simone, CEO and Founding Partner of Fearless Fund. “Our legal team filed a brief in support of our First Amendment right to voice our view that these women of color-owned businesses need to be supported, and that we are aligned with them through the Fearless Foundation’s Strivers Grant Program. We will fight fearlessly to protect these businesses, the dreams of their founders, and our right to express this viewpoint, against any and all legal challenges.”
About Fearless Fund:
The Fearless Fund is committed to fostering fairness and inclusivity by guaranteeing equal opportunities for every individual. Their vision is to establish a global society where marginalized communities, specifically women of color, are empowered with unbiased access to the necessary resources and assistance to unlock success in the business realm. Through these efforts, the Fearless Fund contributes to the advancement of an entire global community.
About Fearless Foundation:
The Fearless Foundation is a 501c-3 non-profit organization that provides capital, community, mentorship, and education to women of color entrepreneurs. They believe that women of color are the unrecognized economic powerhouses of our world, and are committed to helping them build successful businesses that create jobs, generate revenue, and strengthen our communities.