News & Analysis as of

Minority-Owned Businesses

Lowenstein Sandler LLP

Fearless Fund Litigation Settles, Law on Race-Conscious Philanthropy Remains Intact Outside 11th Circuit

Lowenstein Sandler LLP on

Various news outlets are reporting that American Alliance for Equal Rights v. Fearless Fund Management, LLC settled today. American Alliance for Equal Rights issued a press release announcing the settlement, and Fearless...more

Williams Mullen

Taking Steps to Apply for Small, Women-Owned, or Minority-Owned (SWaM) Certification in Virginia? Consider these Factors ...

Williams Mullen on

Obtaining SWaM certification in Virginia enables businesses to bid on local and state contracts that are set aside for small, women-owned, and minority-owned businesses. The Commonwealth of Virginia has committed to sourcing...more

Littler

11th Circuit Finds Race and Gender-Based Grant Program Likely Unlawful

Littler on

On June 3, 2024, the U.S. Court of Appeals for the Eleventh Circuit granted a preliminary injunction prohibiting a venture capital fund from awarding grants based on race and gender. In reversal of the district court, the...more

Baker Donelson

Court Blocks VC Firm from Issuing Grants to Black Women-Owned Businesses

Baker Donelson on

Recently, the United States Court of Appeals for the Eleventh Circuit (the Court) held in Am. All. for Equal Rts. v. Fearless Fund Mgmt., LLC (Fearless Fund) that the Fearless Strivers Grant Contest (the Contest), a startup...more

Poyner Spruill LLP

Eleventh Circuit Decision Generates Further Concern in Diversity Initiatives

Poyner Spruill LLP on

On Monday, June 3, 2024, the U.S. Court of Appeals for the Eleventh Circuit held that a contest providing venture-capital funding to only Black women was substantially likely to violate section 1981 of the Civil Rights Act of...more

WilmerHale

Eleventh Circuit Temporarily Blocks Fearless Fund Grant Program For Black Women-Owned Businesses

WilmerHale on

On June 3, 2024, the Eleventh Circuit authorized a preliminary injunction in American Alliance for Equal Rights v. Fearless Fund Management, LLC et al., ruling that a grant contest that awards funding and mentorship...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

DEI Under Scrutiny, Part X: Eleventh Circuit Blocks Venture Capital Fund’s Grant Contest for Black Women-Owned Businesses

The U.S. Court of Appeals for the Eleventh Circuit blocked a contest by a venture capital fund that provided grants and other benefits to black women-owned businesses, finding the contest is likely to unlawfully discriminate...more

Lathrop GPM

In Fearless Fund Decision, Federal Court of Appeals Halts Race-Based Philanthropic Program

Lathrop GPM on

In a case that has been closely watched by the charitable sector, on June 3, 2024, the U.S. Court of Appeals for the 11th Circuit issued a decision blocking a race-based grant program that provided funds and mentorship to...more

Potomac Law Group, PLLC

Explaining the Basics - EDWOSB and WOSB Certifications

If you are a woman-owned business, you may be eligible for federal contracting opportunities under the WOSB (woman-owned small business) and/or EDWOSB (economically disadvantaged woman-owned small business) programs....more

Frantz Ward LLP

Are Changes Coming to EDGE in Ohio?

Frantz Ward LLP on

On June 29, 2023, the United States Supreme Court issued its historic decision in Students for Fair Admissions v. Harvard, 600 U.S. 181 (2023). This decision upended decades of precedent and held that race-conscious...more

Cozen O'Connor

US DOT Updates its Rules Regarding the Disadvantaged Business Enterprise Program

Cozen O'Connor on

On April 9, 2024, The U.S. Department of Transportation (DOT) announced numerous revisions to its in-place rules for administering its Disadvantaged Business Enterprise (DBE) Program. The new rule follows a Notice of Proposed...more

Jenner & Block

Northern District of Texas Declares Key Provision in Minority Business Development Act of 2021 Unconstitutional in Nuziard v....

Jenner & Block on

On March 5, 2024, the United States District Court for the Northern District of Texas struck down key provisions of the Minority Business Development Act of 2021, which promotes the provision of business development services...more

McGuireWoods LLP

Federal Court Strikes Down Race- and Ethnicity-Based Programming Criteria

McGuireWoods LLP on

On March 5, 2024, the U.S. District Court for the Northern District of Texas ordered the Minority Business Development Agency (MBDA) to cease using race or ethnicity as a basis for determining access to agency programming....more

Bricker Graydon LLP

[Event] Minority Business Accelerator Acquisition Reception - April 11th, Cincinnati, OH

Bricker Graydon LLP on

Join us for a special cocktail reception hosted at Bricker Graydon Law to learn more about the MBA Fund I, a new equity capital fund to support business acquisitions and growth capital for minority entrepreneurs. The launch...more

Schwabe, Williamson & Wyatt PC

U.S. District Court Bars Racial Criteria for Minority Business Development Agency Programs

On March 5, 2024, in its opinion and order for the case of Jeffrey Nuziard, et. al. v. Minority Business Development Agency, et. al., Case 4:23-cv-00278-P, the U.S. District Court for the Northern District of Texas (Fort...more

Littler

Probing in Procurement – Recent Decisions May Prompt Review of Supplier Diversity Programs

Littler on

A Texas federal district court judge has decided that the Minority Business Development Agency’s (MBDA) policies that provide financial assistance to minority-owned businesses are unconstitutional.  While the court’s decision...more

PilieroMazza PLLC

SBA’s 8(a) Program Again Challenged and the Potential Impacts on Native Owned Entities

PilieroMazza PLLC on

The Small Business Administration’s (SBA) 8(a) Business Development Program (8(a) program) faced new constitutionality challenges in a case filed at the U.S. Court of Federal Claims (COFC) by Advanced Simulation Technology...more

PilieroMazza PLLC

Federal Judge Orders Minority Business Development Agency to Serve All Business Owners Regardless of Race

PilieroMazza PLLC on

On March 5, 2024, a federal judge ordered the Department of Commerce’s Minority Business Development Agency (MBDA) to immediately stop considering a business owner’s race or ethnicity in determining whether an applicant may...more

Gould + Ratner LLP

The Journey of Progress for Women in Construction and Paving a Path to Success

Gould + Ratner LLP on

Gould & Ratner presents the next installment of our Construction Interview Series. As a continued effort to keep our clients informed of current trends in the construction industry, we will continue to periodically sit down...more

Davis Wright Tremaine LLP

OMWBE Announces New Public Works Small Business Enterprise Certification

Recent changes in legislation regarding Washington's Small Works Roster laws have resulted in new "PWSBE" certification - Recent changes in legislation regarding Washington's Small Works Roster laws have resulted in a new...more

McCarter & English, LLP

New Milestone Predicted for New Jersey Cannabis Industry

Yesterday’s meeting of the New Jersey Assembly Oversight, Reform, and Federal Relations Committee provided new insights into the New Jersey cannabis industry and highlighted several developments which give cause for optimism...more

Cozen O'Connor

New York Note – Congressional Maps, Comptroller M/WBE Report, NYS Budget Amendments

Cozen O'Connor on

IRC Approves New Congressional Maps- New York’s Independent Redistricting Commission (IRC) voted to approve new congressional lines. Small changes have been made to a few upstate districts, but the congressional districts...more

Stevens & Lee

NJ Appellate Court Strikes Down Misguided Attack on Women’s Right to Compete in Emerging Cannabis Industry

Stevens & Lee on

Earlier this month, Governor Phil Murphy and Treasurer Elizabeth Maher Muoio announced the release of a “comprehensive statewide disparity study examining public contracting opportunities” for Minority and Women-Owned...more

Wiley Rein LLP

FCC Releases 2018 Quadrennial Review Report and Order

Wiley Rein LLP on

The Federal Communications Commission (FCC or Commission) released the Report and Order (Order) in the 2018 Quadrennial Review, one day before the December 27 deadline mandated by the United States Court of Appeals for the...more

MoFo Tech

What's The Forecast For Tech M&A?

MoFo Tech on

Morrison Foerster is pleased to share with our clients and friends the results of our 2023 Tech M&A Survey, published in conjunction with Mergermarket. Mergermarket surveyed 300 dealmakers from around the world in order to...more

182 Results
 / 
View per page
Page: of 8

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide