Foundation Chairman Dr. Charles Huang Honored by California Joint AAPI Legislative Caucus
Pasadena, CA, May 10, 2022 – Charles Huang, PhD, Chairman of the Charles Huang Foundation and Founder and Chairman of Pasaca Capital, Inc, was recognized yesterday as one of the distinguished AAPI leaders and received the honor of Excellence in Business in Sacramento by the California Joint Asian American & Pacific Islander (AAPI) Legislative Caucus.
The AAPI legislative Caucus recognized eight leaders in eight different categories in the ceremony. Each individual leader was honored for their willingness to step up and lead their community through challenging times during COVID.
“These leaders not only led but uplifted our community during a time when we needed it most. These honorees elevated AAPI voices and insisted that our community be visible and heard in our country,” said Dr. Richard Pan, Senator (D-Sacramento) and Chair of the Joint AAPI Legislative Caucus.
Dr Huang founded Pasaca Capital Inc. in 2016 in Pasadena, California with a focus on medical devices, pharmaceuticals, TMT, industrial & automation, and food ingredient sectors. One of Pasaca Capital's portfolio companies, Innova Medical Group Inc. is the global leader in COVID-19 antigen rapid testing manufacturing and distribution and has delivered approx. 2 billion tests kits to the UK government and other customers worldwide.
Following his business success, Dr. Huang founded the Charles Huang Foundation in 2020 to accelerate and encourage education, health-related research, and entrepreneurship on a global platform. In 2021, the Foundation has donated a total of US$110 million to the two alma maters of Dr. Huang – University of Strathclyde in the UK and Wuhan University in China.
“I'm very humbled to be recognized in Asian American and Pacific Islander Heritage month,” said Dr. Huang. “This award will compel me to do more to help the world, especially our State and local communities.”
In November 2021, Dr. Huang was named “2021 Philanthropreneur of the Year” by the California State Assembly in recognition of the exceptional leadership in donating $110 million to the education sector in 2021. Pasaca Capital was also named “2021 Business of the Year” by the California State Assembly for its extraordinary contributions to the State of California and the world.
Dr. Charles Huang (center) receiving the Excellence in Business award on the Assembly floor.