The Court Ruling to Halt The Fearless Fund Fails Black Women

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Black women continue to be excluded from opportunities that are readily available to others, writes Aisha Nyandoro.

Fearless Fund CEO Arian Simone listens to a speaker during a rally outside the U.S. Supreme Court in Washington, D.C., on Thursday, March 14, 2024. Fearless Fund, a venture-capital firm run by women of color, invests exclusively in tech and consumer goods-based companies owned by women of color.s a Black woman in America, I am used to people in power making decisions that are not in my best interest.

The court’s decision has suspended the grant program while the case makes its way through the legal system. It is a stark reminder that despite our contributions and potential, Black women continue to be excluded from opportunities that are readily available to others, even though we haveamong women.

Targeted efforts like those offered by the Fearless Fund and the program I lead, Magnolia Mother’s Trust, are essential to bringing balance to our economic structures. Such initiatives recognize the unique challenges faced by marginalized groups and provide the specific support needed to overcome these barriers.

Equity changes the image by giving the shorter person a taller block, so that now both can see. Equity means recognizing the different needs and starting points of individuals and providing the necessary resources to achieve an equal outcome.

 

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