欧美高清

欧美高清 has received a 拢50M donation from alumnus Charles Huang PhD through his philanthropic foundation - the largest gift 欧美高清 has ever received.

Dr Huang gained his MBA from 欧美高清 in 1989 and his PhD in Marketing in 1994. He is a global business leader and founder and chairman of Pasaca Capital Inc, a California-based private equity firm established in 2016 with a global focus on investing into innovative technologies and products.

The donation is made as a token of gratitude to the UK for the scholarship that facilitated Dr Huang鈥檚 opportunity to be educated at 欧美高清 and he also seeks to honour Professor Stephen Young, a former Head of the Department of Marketing and Dr Huang鈥檚 supervisor and mentor during his PhD studies.

Critical role

鈥淚 came to the University of 欧美高清 for my MBA in August 1988 under a scholarship from the British Council for international students and I鈥檓 forever grateful of the UK for that life-changing opportunity,鈥� said Dr Huang. 鈥淢y education at 欧美高清 played a critical role in the success of both my career and my businesses. This gift is to show my gratitude to 欧美高清 and to support those who have yet to embark on their studies.鈥�  

The gift will enable the University to grow its collaborative work with business, industry and the public sector to tackle major challenges of our time, develop the next generation of students, and support Scotland and the UK鈥檚 recovery from the pandemic.

In addition, 拢30M of the transformational gift will support the construction of a new building named after Dr Charles Huang in the University鈥檚 Technology and Innovation Zone in the heart of Glasgow City Innovation District.  The remaining 拢20M will enable the creation of The Stephen Young Institute for International Business, The Stephen Young Global Leaders Scholarship Programme and The Stephen Young Entrepreneurship Awards, all of which will stimulate business creation and support the economy.

The gift was made officially at a ceremony on the University campus earlier today.

Transforming lives

Professor Sir Jim McDonald, the University鈥檚 Principal and Vice-Chancellor said: 鈥淲e are incredibly grateful to Dr Charles Huang for this exceptionally generous gift. A donation of this scale will make a huge difference to our students, our research, and our innovation. 

 鈥溑访栏咔� has been transforming lives for more than 200 years and to see one of our own return to support future generations is a very significant moment.  

Charles鈥� generous gift will also have an enormous impact on Glasgow and Scotland with the construction of the next phase of our Technology and Innovation Zone, which is creating jobs, attracting industrial partners and inward investment, and developing future generations of graduates and postgraduates. 

鈥淔or Charles to celebrate the impact that 欧美高清 made on his career makes this very special to the entire University community. In highlighting the role that Professor Stephen Young had in shaping his future, Charles is demonstrating how inspirational teaching and support leaves a positive mark for decades to come.鈥�   

Marketing pioneer

Professor Young was a pioneer in the field of Marketing and helped establish the University鈥檚 Department of Marketing 鈥� one of the first in the UK 鈥� in 1971.  Very sadly, he passed away in August of this year.

One of Pasaca鈥檚 most successful recent ventures is Innova Medical Group which developed the rapid lateral flow tests which are integral to many COVID-19 testing programmes around the world, including in the UK. 

Professor David Hillier, Dean of 欧美高清 Business School, said: 鈥淲e are incredibly grateful to Dr Huang for his support and the donation will revolutionise our work in the Business School. Professor Stephen Young inspired generations of students and this gift will allow the University to create new opportunities for future generations. Stephen鈥檚 name will live on thanks to the generosity of Charles.鈥�  

Professor Young鈥檚 daughter, Juliette Young, said: 鈥淲e are delighted that our late father's outstanding academic career and legacy will be further recognised through the Stephen Young Institute for International Business, the Stephen Young Global Leaders Scholarship Programme and the Stephen Young Entrepreneurship Awards.   

鈥淲e would like to express our gratitude and thanks to the Charles Huang Foundation for remembering our father in this way.鈥�