Standing with Fearless Fund
In light of the recent Supreme Court decision on Affirmative Action, the necessity to stand by organizations like Fearless Fund has never been more pronounced. This decision has led to a wave of attacks on organizations working to promote diversity and inclusion. However, we will not be deterred. We will continue to support Fearless Fund and other organizations that are fighting for equity and opportunity for all.
BLCK VC and our partner organizations are committed to diversity and inclusion in the venture capital industry. A diverse and inclusive industry doesn't just signify strength; it represents progress, innovation, and equity. Our pledge remains steadfast: to bolster organizations like Fearless Fund in their pursuit of forging a world that truly values and champions equality for all.
Founded by women of color for women of color, Fearless Fund is committed to investing in and supporting women-led businesses. In 2022, women of color founders received a mere 0.39% of the total funding deployed by venture capital firms. This disparity is unacceptable, and Fearless Fund is working to change it.
Fearless Fund is more than just a financial investment firm. They are also a community of changemakers who are dedicated to creating a world where all women have the opportunity to succeed. They provide their portfolio companies with access to capital, mentorship, and networking opportunities. They also work to amplify women entrepreneurs' voices and challenge the systemic biases that prevent them from getting the funding they need to grow their businesses.
We stand with Fearless Fund in their fight for equity and opportunity. We believe that all women deserve the chance to succeed, regardless of their race, ethnicity, or background. We urge you to join us in supporting Fearless Fund and its mission to create a more just and equitable world for all women.
Here are some specific ways you can support Fearless Fund:
Lastly, in the spirit of thoughtful action, we are working on the following proactive measures and more:
Let's stand with Fearless Fund and fight for equity and opportunity for all. In unity, we draw strength. In action, we drive change. Onwards and upwards, we move.