ap

Skip to content

Venture capital fund sues Denver, alleging funds for disadvantaged businesses cut off

Questions surround the $15 million that was supposed to come from the Herman Malone Fund

The steps leading to the City/County ...
A venture capital fund hired by Denver to invest in minority and women-owned businesses has sued the city, alleging it has failed to provide the $15 million in funding promised. (AP Photo/David Zalubowski)
DENVER, CO - NOVEMBER 8:  Aldo Svaldi - Staff portraits at the Denver Post studio.  (Photo by Eric Lutzens/The Denver Post)
PUBLISHED: | UPDATED:
Getting your player ready...
A Denver-based equity venture capital fund investing in minority and women-owned firms has sued the City and County of Denver, alleging the city violated their contract by cutting off funding and is leaving numerous disadvantaged businesses at risk.
Already have an account Log In
This article is only available to subscribers
Trusted Local News

Standard Digital

$1 for 1 year
Offer valid for non-subscribers only

RevContent Feed

More in Politics