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Black Economic Alliance Foundation Joins Fearless Fund in Fighting Lawsuit

NNPA NEWSWIRE — Founded in 2019 by three Black women, Fearless Fund has championed economic empowerment and opportunity for women of color. Their flagship initiative, the Fearless Strivers Grant Contest, has provided substantial financial support to Black women entrepreneurs, with awards reaching up to $20,000. However, Blum’s American Alliance for Equal Rights contends that this program violates a section of the Civil Rights Act of 1866, which prohibits racial discrimination in contracts.
The post Black Economic Alliance Foundation Joins Fearless Fund in Fighting Lawsuit first appeared on BlackPressUSA.

Published

2 years ago

September 18, 2023

Stacy M. Brown

By Stacy M. Brown, NNPA Newswire Senior National Correspondent
@StacyBrownMedia

Earlier this year, Edward Blum’s American Alliance for Equal Rights launched legal action against Fearless Fund. The lawsuit, brought before the U.S. District Court in Atlanta, alleges that the Fearless Fund discriminates against non-Black women. Experts said the suit could present a pivotal moment in the ongoing discourse on race in the workplace.

The Black Economic Alliance (BEA) Foundation, a leading organization mobilizing Black business leaders and advocates, announced the submission of an amicus brief advocating against a preliminary injunction against the Fearless Fund, whose Fearless Foundation focuses on aiding Black women entrepreneurs and other women of color in securing venture capital for their startups.

BEA CEO Samantha Tweedy emphasized the importance of entrepreneurship, highlighting its pivotal role in achieving the American dream and economic prosperity. She noted the systemic obstacles Black entrepreneurs, particularly Black women, faced in establishing and expanding their businesses. “Fearless Fund helps Black women overcome those barriers, which is good for Black work, wages, and wealth and good for our economy as a whole,” Tweedy wrote in a statement on Monday, Sept. 11. “Given BEA Foundation’s own recent polling that showed widespread support for businesses taking active steps to reflect the racial diversity of this country, it is clear that those trying to claw back pathways to economic progress for the Black community are out of step with the vast majority of Americans.”

The amicus brief by the BEA Foundation focuses on the challenges confronting Black women entrepreneurs. It highlights the persisting discriminatory systems, pointing out that Black women business owners encounter a rejection rate three times higher than their white counterparts. Moreover, Tweedy noted that Black women receive less than one percent of venture capital funding. The Fearless Strivers Grant Contest, one of the initiatives, aims to rectify these historical injustices and unleash a reservoir of untapped talent and innovation for the betterment and growth of the economy.

The legal action against Fearless Fund represents a broader trend as modern-day opponents of civil and women’s rights attempt to roll back advancements in racial diversity within the business sector, civil rights advocates stated. Recent polling shows widespread support for businesses promoting racial diversity in America. The support is robust across different races, ideologies, and generations. It is also rooted in the belief that diversity drives greater profitability and innovation.

Renowned civil rights advocate Ben Crump and others have vowed to combat Blum’s actions.

Founded in 2019 by three Black women, Fearless Fund has championed economic empowerment and opportunity for women of color. Their flagship initiative, the Fearless Strivers Grant Contest, has provided substantial financial support to Black women entrepreneurs, with awards reaching up to $20,000. However, Blum’s American Alliance for Equal Rights contends that this program violates a section of the Civil Rights Act of 1866, which prohibits racial discrimination in contracts.

Blum asserts that certain members are being excluded based on race, and they demand redress for what they perceive as a violation of their rights. Alphonso David, a civil rights attorney and the President and CEO of The Global Black Economic Forum, emphasized the undeniable inequality in today’s playing field. “Today, the playing field is not level — that is beyond dispute,” said David. “Those targeting Fearless Fund want to propagate a system that privileges some and shuts out most. They want us to pretend that inequities do not exist. They want us to deny our history.”

Crump asserted that Blum severely underestimated the resilience of Fearless Fund. “Blum thought they would be the easiest ones to pick off. Oh, was he wrong,” said Crump. Support for Fearless Fund’s cause extends to organizations like the NAACP Legal Defense Fund, the National Women’s Law Center, and the law firm Gibson, Dunn, and Crutcher.

“This attack does not change our mission,” declared Arian Simone, CEO, and co-founder of the Fearless Fund. “We will remain steadfast on ensuring that the Fearless Fund will continue to empower women of color entrepreneurs.”

The post Black Economic Alliance Foundation Joins Fearless Fund in Fighting Lawsuit first appeared on BlackPressUSA.

Stacy M. Brown

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Black Feminist Movement Mobilizes in Response to National Threats

BLACKPRESSUSA NEWSWIRE — More than 500 Black feminists will convene in New Orleans from June 5 through 7 for what organizers are calling the largest Black feminist gathering in the United States.

Published

3 days ago

May 30, 2025

Stacy M. Brown

By Stacy M. Brown
Black Press USA Senior National Correspondent

More than 500 Black feminists will convene in New Orleans from June 5 through 7 for what organizers are calling the largest Black feminist gathering in the United States. The event, led by the organization Black Feminist Future, is headlined by activist and scholar Angela Y. Davis. Paris Hatcher, executive director of Black Feminist Future, joined Black Press USA’s Let It Be Known to outline the mission and urgency behind the gathering, titled “Get Free.” “This is not just a conference to dress up and have a good time,” Hatcher said. “We’re building power to address the conditions that are putting our lives at risk—whether that’s policing, reproductive injustice, or economic inequality.” Hatcher pointed to issues such as rising evictions among Black families, the rollback of bodily autonomy laws, and the high cost of living as key drivers of the event’s agenda. “Our communities are facing premature death,” she said.

Workshops and plenaries will focus on direct action, policy advocacy, and practical organizing skills. Attendees will participate in training sessions that include how to resist evictions, organize around immigration enforcement, and disrupt systemic policies contributing to poverty and incarceration. “This is about fighting back,” Hatcher said. “We’re not conceding anything.” Hatcher addressed the persistent misconceptions about Black feminism, including the idea that it is a movement against men or families. “Black feminism is not a rejection of men,” she said. “It’s a rejection of patriarchy. Black men must be part of this struggle because patriarchy harms them too.” She also responded to claims that organizing around Black women’s issues weakens broader coalitions. “We don’t live single-issue lives,” Hatcher said. “Our blueprint is one that lifts all Black people.”

The conference will not be streamed virtually, but recaps and updates will be posted daily on Black Feminist Future’s YouTube channel and Instagram account. The event includes performances by Tank and the Bangas and honors longtime activists including Billy Avery, Erica Huggins, and Alexis Pauline Gumbs. When asked how Black feminism helps families, Hatcher said the real threat to family stability is systemic oppression. “If we want to talk about strong Black families, we have to talk about mass incarceration, the income gap, and the systems that tear our families apart,” Hatcher said. “Black feminism gives us the tools to build and sustain healthy families—not just survive but thrive.”

Stacy M. Brown

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Hoover’s Commutation Divides Chicago as State Sentence Remains

BLACKPRESSUSA NEWSWIRE — Hoover was convicted of murder and running a criminal enterprise. Although some supporters describe him as a political prisoner, the legal and public safety concerns associated with his name remain substantial.

Published

4 days ago

May 29, 2025

Stacy M. Brown

By Stacy M. Brown
Black Press USA Senior National Correspondent

The federal sentence for Gangster Disciples founder Larry Hoover has been commuted, but he remains incarcerated under a 200-year state sentence in Illinois. The decision by Donald Trump to reduce Hoover’s federal time has reignited longstanding debates over his legacy and whether rehabilitation or continued punishment is warranted. The commutation drew immediate public attention after music executive Jay Prince and artist Chance the Rapper publicly praised Trump’s decision. “I’m glad that Larry Hoover is home,” said Chance the Rapper. “He was a political prisoner set up by the federal government. He created Chicago Votes, mobilized our people, and was targeted for that.”

But Hoover, the founder of the Gangster Disciples, is not home—not yet. Now in federal custody at the Florence Supermax in Colorado, Hoover was convicted of murder and running a criminal enterprise. Although some supporters describe him as a political prisoner, the legal and public safety concerns associated with his name remain substantial. “There is a divide in the Black community here,” said Chicago journalist Jason Palmer during an appearance on the Let It Be Known morning program. “Some view Hoover as someone who brought structure and leadership. Others remember the violence that came with his organization.” Palmer explained that while Hoover’s gang originally formed for protection, it grew into a criminal network responsible for extensive harm in Chicago. He also noted that Hoover continued to run his organization from state prison using coded messages passed through visitors, prompting his transfer to federal custody.

Illinois Gov. J.B. Pritzker, who is widely considered a potential 2028 presidential contender, has not issued a statement. Palmer suggested that silence is strategic. “Releasing Hoover would create enormous political consequences,” Palmer said. “The governor’s in a difficult spot—he either resists pressure from supporters or risks national backlash if he acts.” According to Palmer, Hoover’s federal commutation does not make him a free man. “The federal sentence may be commuted, but he still has a 200-year state sentence,” he said. “And Illinois officials have already made it clear they don’t want to house him in state facilities again. They prefer he remains in federal custody, just somewhere outside of Colorado.”

Palmer also raised concerns about what Hoover’s case could signal for others. “When R. Kelly was convicted federally, state prosecutors in Illinois and Minnesota dropped their charges. If a president can commute federal sentences based on public pressure or celebrity support, others like R. Kelly or Sean Combs could be next,” Palmer said. “Meanwhile, there are thousands of incarcerated people without fame or access to public platforms who will never get that consideration.” “There are people who are not here today because of the violence connected to these organizations,” Palmer said. “That has to be part of this conversation.”

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WATCH: Five Years After George Floyd: Full Panel Discussion | Tracey’s Keepin’ It Real | Live Podcast Event

Join us as we return to the city where it happened and speak with a voice from the heart of the community – Tracey Williams-Dillard, CEO/Publisher of the Minnesota Spokesman-Recorder.

Published

5 days ago

May 28, 2025

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https://youtube.com/watch?v=OsNLWTz6jU0&feature=oembed

May 25, 2020. The world stopped and watched as a life was taken.

But what has happened since?

Join us as we return to the city where it happened and speak with a voice from the heart of the community – Tracey Williams-Dillard, CEO/Publisher of the Minnesota Spokesman-Recorder.

She shares reflections, insights, and the story of a community forever changed. What has a year truly meant, and where do we go from here?

This is more than just a date; it’s a moment in history. See what one leader in the Black press has to say about it.

Recorded live at UROC in Minneapolis, this powerful discussion features:

Panelists: