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Black VC

Fearless Fund has urged a US appeals court to allow its grant program to resume, which awards funding to businesses run by Black women. The Fearless Fund Story To Date The American Alliance for Equal Rights (AAER) attacked Fearless Fund in August 2023 after it claimed the fund’s grant was racially discriminatory. The AAER, founded by Edward Blum, who was behind the Supreme Court’s affirmative action ruling, accused the grant program of violating Section 1081 of the Civil Rights Act of 1886. The US District, Thomas V. Thrash, initially ruled that Fearless Fund

Black-owned asset management firm, Black Pearl Global Investments, is set to make history by becoming the first-ever Black-owned contact lens manufacturer in the world. Black Pearl Global Investments, co-founded in 2019 by CEO Dr. Shante Williams, Dr. Carl Smart, Marlon Joris, and Daniel Smart, is an asset management firm that invests in companies innovating the health space. The platform’s primary focus is helping upcoming businesses operating in North America, Africa, and the Caribbean.  The lens maker, Hydrogel Vision Corp (HVC), based in Florida, was acquired by Clerio Vision in 2019. The company is primarily known