In a recent development, the U.S. Court of Appeals for the 11th Circuit made a decision regarding a case involving affirmative action and a black-owned venture capitalist firm. The court ruled against the firm, blocking them from awarding grants exclusively to black women entrepreneurs.
The court's decision was based on the grounds that the firm's grant program was found to be in violation of Title 42 of the U.S. Code, which ensures equal rights under the law and prohibits the use of race in awarding contracts. The court determined that the firm was likely to breach these provisions by offering grants exclusively to black women.
