Glasgow, Scotland — The Charles Huang Foundation is proud to announce that its Chairman, Dr. Charles Huang, Founder and Chairman of Pasaca Capital Inc., has been conferred the prestigious Honorary Degree of Doctor of the University by the University of Strathclyde. The award recognizes Dr. Huang’s outstanding achievements as a globally respected entrepreneur, investor, and philanthropist, as well as his enduring commitment to advancing education, fostering innovation, and promoting global economic development.
Dr. Charles Huang, Chairman of Charles Huang Foundation, Founder and Chairman of Pasaca Capital Inc.
A distinguished alumnus of the University, Dr. Huang earned his MBA from Strathclyde in 1989 and his PhD in Marketing in 1994. Following graduation, he built an international career spanning business, investment, and entrepreneurship. In 2016, he founded Pasaca Capital Inc., a California-based evergreen investment fund with portfolio companies operating across North America, Europe, Asia, and the Middle East.
The award coincides with the fifth anniversary of the landmark partnership established between the Charles Huang Foundation and the University of Strathclyde through Dr. Huang's transformational £50 million gift in 2021, the largest philanthropic donation in the University's history. The partnership has supported a wide range of initiatives that are creating lasting impact across education, research, entrepreneurship, and innovation.
Among the initiatives supported through the partnership are the Stephen Young Institute for International Business, the Stephen Young Global Leaders Scholarship Programme, the Stephen Young Entrepreneurship Awards, and the Charles Huang Advanced Technology & Innovation Centre (CHATIC). Through these programs, 78 entrepreneurship awards have been made, eight PhD students have participated in the Global Leaders Programme, and 15 MBA awards and two MSc scholarships have been awarded.
Dr. Charles Huang (center), Chairman of the Charles Huang Foundation and Founder and Chairman of Pasaca Capital Inc., is pictured with senior leaders of the University of Strathclyde following the conferment of the Honorary Degree of Doctor of the University in recognition of his outstanding contributions to business, innovation, education, and philanthropy.
L-R: Dr. Stuart Fancey, Prof. David Hillier, President Stephen McArthur, Dr. Charles Huang, David Clark, and Former President Sir Jim McDonald.
Professor Stephen McArthur, Principal and Vice-Chancellor of the University of Strathclyde, said:
"Charles's career has been marked by ambition, enterprise and a strong international outlook. From his time as a student at Strathclyde, he has gone on to achieve considerable success as a business leader and investor, operating across industries and markets around the world.
Just as importantly, he has used that success to create opportunities for others. His support for students, entrepreneurs and innovators reflects his belief in the power of education, enterprise and useful learning to change lives."
Dr. Charles Huang said:
"Strathclyde gave me the education, global perspective and opportunities that helped shape my life and career, so it is a great honor to receive this degree.
I am proud to see my support helping talented students and entrepreneurs, advancing innovation and enabling people to turn their ambitions into achievements that can benefit society."
During his visit to Glasgow, Dr. Huang met with students, researchers, and entrepreneurs whose educational and professional journeys have been supported through the partnership. He also toured the CHATIC development, which will serve as a hub for innovation, entrepreneurship, collaboration, and industry engagement.
Lina Tullberg, CEO of the Charles Huang Foundation, said:
"We are deeply honored by this recognition from the University of Strathclyde. This honorary degree celebrates Dr. Huang's business and entrepreneurial achievements and his lifelong commitment to education, innovation, and opportunity, while also recognizing the remarkable achievements made possible through the partnership between the Charles Huang Foundation and the University over the past five years.
The Foundation looks forward to continuing its partnership with the University of Strathclyde and supporting future generations of students, researchers, entrepreneurs, and innovators around the world. "