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Williams Mullen

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

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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

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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

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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

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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

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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

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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

Gould + Ratner LLP

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

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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

Stevens & Lee

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

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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

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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

Vicente LLP

New York Cannabis Business Applications Are Live and the Deadline is Extended: What We’ve Learned

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New York’s adult-use regulations are effective and the first application period for certain adult-use licenses is underway! At the Cannabis Control Board (CCB) meeting on October 17, 2023, CCB announced that they are...more

Foley & Lardner LLP

California Governor Gavin Newsom Signs Bill Requiring Venture Capitalists to Report on the Diversity of the Businesses They Invest...

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California Governor Gavin Newsom (D) has signed a bill that mandates venture capitalists to report the diversity of the founding members of businesses they invest in, making the first state to require venture capital firms to...more

Husch Blackwell LLP

The New York marijuana business application window has opened, but will be over in a ‘New York minute’

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After months of anticipation, the New York State Office of Cannabis Management began accepting applications for five (5) types of licenses this week: cultivator, processor, distributor, and microbusiness. This is generally...more

Flaster Greenberg PC

NJEDA Establishes Diversity Finance Advisory Board

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On September 21st, the New Jersey Economic Development Authority (NJEDA) announced its plans to increase the capital available to minority-owned and women-owned startup companies through the formation of its Diversity Finance...more

Spilman Thomas & Battle, PLLC

Q&A with the Carolina Small Business Development Fund

We are fortunate to have connected with Kevin Dick, the President & CEO, and Emily Blevins, Marketing & Communications Director, of the Carolina Small Business Development Fund, at the recent Annual Meeting of the United...more

Hutchison PLLC

How Echo is Transforming Lives through Entrepreneurship, with Geraud Staton

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As a poor kid, Geraud Staton became an entrepreneur out of necessity, initially selling Blow Pops to the rich kids at school. He's hustled and he's seen how to grow a business, and he wanted to give back. So he started Helius...more

Schwabe, Williamson & Wyatt PC

Latest Bruckner Lawsuit Challenges Minority Business Development Agency

In 2022, Christian Bruckner and his company, Project Management Corporation, sued the federal government in the U.S. District Court for the Middle District of Florida (Tampa Division). The plaintiffs claimed that the...more

Ballard Spahr LLP

Texas banking trade group and Texas bank file lawsuit challenging validity of CFPB Section 1071 final rule on small business data...

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While it has only been a month since the CFPB issued its final rule to implement Section 1071 of the Dodd-Frank Act, the CFPB is already facing a lawsuit challenging the rule’s validity. The lawsuit was filed last week in a...more

Lippes Mathias LLP

Increasing Government Scrutiny Requires Robust MWBE Compliance Programs to Avoid Criminal, Civil Investigations

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New York’s state contracts boast some of the most ambitious diversity goals in the nation, and are well recognized for their frequent utilization of Minority and/or Women-owned Business Enterprises, known as MWBEs, with a set...more

Moore & Van Allen PLLC

LEGAL ALERT Re: Consumer Financial Protection Bureau’s Small Business Lending Data Collection under the Equal Credit Opportunity...

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The Consumer Financial Protection Bureau (the “CFPB”) has published a final rule implementing the requirements of Section 1071 of the Dodd-Frank Act (the “Final Rule”), which mandated data collection on certain credit...more

Manatt, Phelps & Phillips, LLP

CFPB Issues Final Rule on Small Business Data Collection

On March 30, the Consumer Financial Protection Bureau (CFPB) issued its long-awaited final rule to implement Section 1071 of the Dodd-Frank Act. Section 1071 amended the Equal Credit Opportunity Act to require lenders to...more

Ballard Spahr LLP

CFPB final Section 1071 rule on small business data collection includes important changes from proposal

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On March 30, the Consumer Financial Protection Bureau issued its final rule to implement Section 1071 of the Dodd-Frank Act. Section 1071 amended the Equal Credit Opportunity Act to require financial institutions to collect...more

Whitcomb Selinsky, PC

[Webinar] Employment Law 101: For Small Businesses - February 16th, 11:00 am - 12:00 pm MST

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All small businesses today encounter numerous changes to employment laws and regulations that are often misunderstood, oversimplified, or under-appreciated. These misunderstandings can result in hurried action by both...more

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