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Future of Kevin O’Leary-Backed Wonder Fund ‘up in the Air’ Due to Anti-DEI Order

Summary by Inforum
FARGO — Every venture capitalist inherently deals in risk due to the nature of their investments, so those at the famed private equity firm managing North Dakota’s Wonder Fund are trying not to let the uncertain future of their program’s federal funding slow them down. The State Small Business Credit Initiative is a program of the U.S. Treasury Department that awards funds to states to create tailored programs that offer funding to small busines…

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The Sacramento Observer broke the news in on Tuesday, May 27, 2025.
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