A Conversation on Minority Entrepreneurship & Investing 

What's Next: Making Sports More Equitable

An ongoing series exploring how to create equity and implement real change in the sports industry. 

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According to a Crunchbase study in 2020, only 2.3% of funding went to women-led startups, and Black & Latinx founders raise just 2.6% of the $87.3 billion in funding that went to all founders

 

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Predominantly White Institutions, on average, generate significantly more total revenue each year than Historically Black Colleges & Universities 
Black people comprise approximately 14.2% of the US population, but Black businesses comprise only 2.2% of the nation's 5.7 million employer businesses
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A CONVERSATION ON MINORITY ENTREPRENEURSHIP & INVESTMENT

Our coalition seeks to change the demographics and dynamics of the sports industry so that it reflects not only the athletes and owners within it, but carries into effect an industry where diversity of body and thought is the norm.
These conversations will explore the inequity within sports entrepreneurship and how each of us can help support one another with one goal in mind; opportunity and access for everyone. We will highlight the importance of sports spaces that are representative of the world around us, learning about the importance of providing resources, connections, and collaborations to diverse peoples within the industry.
These discussions will also explore this idea of “leveling the playing field” when it comes to sport startups and entrepreneurship, and how each of us can create spaces that welcome perspectives different from our own.
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SERIES SPEAKERS

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Randy Osei

Founder & Executive Director of Athlete Technology Group

Randy Osei has been working in the business of sports as an entrepreneur since 2012. The former athlete turned founder launched Rozaay Management, a creative marketing and  branding organization, in 2013.

With loyalty as a focus, Rozaay has been harvesting long-lasting relationships and continually exceeding client expectations for the last nine years. He currently sits as CEO of Rozaay and most recently launched Athlete Technology Group, serving as Founder and Executive Director. Going from management to technology,

Randy started Athlete Technology Group, an events and media company, because he wanted to connect with and build athlete and technology entrepreneurs. Randy’s companies delivers on promises and can be counted on when it matters the most. 

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Krystal Beachum

Founder of Student-Athletes Unite and Associate at the W Fund

Krystal Beachum, Founder of Student-Athletes Unite and Associate at The W Fund, is an author, speaker, and Entrepreneur. Krystal has been able to work for some of the notable brands and organizations in sports like the NFLPA, LPGA, and the Women’s Final Four. She became a published author of “For The Other 98%,” the Ultimate Guide for Student-Athletes to Go Pro in Entrepreneurship in 2017.

As the Founder of Student-Athletes Unite, Krystal helps student-athletes create business and career opportunities. She teaches an online accelerator that teaches student-athletes how to get paid, stay eligible, and explore entrepreneurship as a career. 

Krystal currently sits on the Board of Directors for Higher Purpose Co. Krystal holds a Masters Degree in Sport Management from the University of Arkansas and a Bachelor’s Degree in Education from Henderson State University. 

 

 

 
 
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Alycia M. Powell

Co-Founder and Chief Executive Officer, Champions For Philanthropy

Over the past decade, Alycia Powell has built a wealth of practical expertise as a business and legal consultant, and social entrepreneur in the fields of sports and entertainment and nonprofit management. In 2017, Alycia co-founded Champions for Philanthropy, Inc. (CFP), a consulting agency that assists professional athletes, entertainers and influencers develop their charitable brands.

As Co-Founder and CEO, Alycia helps athletes establish their nonprofit foundations, manage existing foundations, design charitable initiatives and programs as well as create other charitable vehicles for giving back. CFP works with both current and former/retired athletes from professional sports leagues such as the NBA and NFL. CFP also maintains a blog, The Sport of Philanthropy, that shines a light on the positive work being done by athletes, teams and leagues. Over the last two years, CFP has hosted numerous events, including their Most Valuable Philanthropist awards that honors the philanthropic work of current and former professional athletes. Alycia built significant expertise in business, law, and sports and entertainment during her time at New York Law School where she held myriad leadership positions, including Vice-Chair of the National Black Law Students Association, Northeast Region. As Vice-Chair, she oversaw the execution of all events, programs, and initiatives of the multi-state, 300-plus member organization. She also founded the New York Law School Sports Law Symposium, serving as President and Chair. Now in its tenth year, the Symposium attracts top sports law speakers from across the country.

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Michelle C. Mays

Co-Founder & Chief Operating Officer, Champions For Philanthropy

Michelle C. Mays has a passion for business and the community that extends from her professional affiliations to her volunteer work.

As the co-founder and chief operating officer of Champions for Philanthropy, Michelle successfully manages the charitable efforts of professional athletes by helping them build, launch, manage and promote their philanthropic interests. Like the athletes she works with, Michelle is passionate about giving to the community. She volunteers in various capacities at her church, is president of the New England Chapter of the National Alumnae Association of Spelman College, participates in city government, and is a former commissioner for her local fire department. Michelle has over a decade of experience in nonprofit marketing and communications, and previously held positions at Hartford Foundation for Public Giving, Connecticut Department of Economic and Community Development and Georgia Power Company.

 
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Angela LaChica

Founder & Chief Executive Officer of LaChica Sports

Angela LaChica is the Founder and Chief Executive Officer of LaChica Sports. Working at the intersection of community impact, strategic marketing, and public relations, building better businesses is at the heart of Angela’s mission. Her desire to impact others through her work as an entrepreneur led her to serve as a professor of Advanced Sports Marketing & Communications and Business of Sport at CSU Long Beach. Prior to founding LaChica Sports, Angela consulted for major sports brands such as the NFL, ESPN, and Nike for nearly 25 years.

 

MINORITY ENTREPRENEURSHIP RESOURCES

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Minorities in Sport

 MiS is a global multicultural community changing sports business, culture, and content
Learn more about MiS
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The Carnegie Initiative

CI works to ensure that hockey is inclusive, supportive and welcoming to all
Learn more about the CI
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Athlete Tech Group

ATG's mission is to strengthen athlete readiness for life after sports through a community platform that delivers media, events, and education curated for athletes
Learn more about ATG
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The W Fund

The W Fund focuses on investing in founders who personify their product, effortlessly address their target market, and are obsessed with solving the problem
Learn more about The W Fund
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Article

For Black entrepreneurs, inequality starts with the pre-seed round 

BY LYNEIR RICHARDSON

Read this article
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Article

So You Want to Be an Entrepreneur?

BY EMILY HEYWARD

Read this article
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Article

To expand the economy, invest in Black businesses

BY ANDRE M. PERRY & CARL ROMER

Read this article
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Article

To Why Investing in Minority-Owned Startups is Key to... 

BY DIANE YOO

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 FULL EPISODES

 
 
 
A CONVERSATION ON MINORITY ENTREPRENEURSHIP & INVESTMENT WITH RANDY OSEI
A CONVERSATION ON MINORITY ENTREPRENEURSHIP & INVESTMENT WITH KRYSTAL BEACHUM
A CONVERSATION ON MINORITY ENTREPRENEURSHIP & INVESTMENT WITH ALYCIA POWELL & MICHELLE MAYS

Resources

We have compiled all the resources our amazing speakers from the Talent Pipelines conversation have found to be beneficial and helpful all in one spot. 

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MAKING SPORTS MORE EQUITABLE COALITION

Our seven organizations have partnered together to bring these conversations to the sports industry. We've made a commitment to provide conversation and resources to inspire action to make our own industry more equitable. 

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