I am president of Ventureneer, which specializes in defining and eliminating problems that hold underrepresented entrepreneurs back, especially minorities and women. Our work provides clients with branded research, training and content opportunities that generate thought-leadership, visibility, sales, and brand loyalty.
Hello Alice helps small businesses succeed, especially those facing systemic barriers to financing their businesses. It and Progressive Insurance are being sued by America First Legal —an activist group that opposes closing economic gaps—for offering 10 $25,000 grants to Black-owned small businesses. They allege racial discrimination.
Despite being an avenue to wealth creation, entrepreneurship is not equally accessible to all in the United States. Black/African American women face significant challenges due to2023 Wells Fargo Impact of Women-Owned Businesses : A focus on Black/African American women During the pandemic, Black/African American women-owned businesses benefited from the breadth and depth of support unavailable during the recovery from the 2008 financial crisis. They adapted their businesses in the face of adversity by:Lawsuits Threaten Programs That Level The Playing Field For Underrepresented Entrepreneurs
The lawsuit is based on the Civil Rights Act of 1866, known as Section 1981. The statute prohibits discrimination based on race, color, and ethnicity when making and enforcing contracts. The lawsuit asserts that small business founders who accept funds from the program enter into a contract with the provider, thereby violating this prohibition. “These are grants; they are not contracts,” said Gore.
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