Angel Investors for the Sports Industry vol.2

As discussed on the previous blog post, Mark Cuban and Chris Sacca can be the investors for a venture company in the sports industry. Both of them have been angel investors and helped new businesses. Mark Cuban owns an NBA team, Dallas Mavericks. Chris Sacca is helping younger ages by supporting Tony Hawk Foundation.

On my master’s degree program, I have developed a business plan that is a travel agency specialized in voluntourism for Japanese young ages. Participants of tours will visit local schools in Asian countries and teach sports to local children in order to help educational developments by sports education.

Court Cases Involving Sports Volunteering

Since my business plan is providing package tours including sports volunteering in developing countries, I was looking for some court cases related with coaching sports, travel abroad, and volunteer tourism to protect my business from lawsuit. I found three articles that can help to develop my business plan.

         

Voluntourism Industry

WYSE Work Abroad

         
 Most of sports development program in developing countries are operated by volunteer workers and non-profit organizations.  According to Adventure Travel Trade Association, travel companies provide package tour including volunteer work. This kind of tour is known as voluntourism, and this industry is growing fast. WYSE Work Abroad is a trading association for the voluntourism industry. This association is one of the sectors of WYSE Travel Confederation dedicated to improve the youth travel industry. More than 150 companies and organizations from 40 different countries join WYSE Work Abroad, and as the benefits of being the member, they can receive business opportunities and trends for the industry.  Also, the member of this association can receive research.