Simon Fraser University Engage Summer 2016

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“What’s my responsibility?” That’s the question business leader and entrepreneur Charles Chang, BBA ’95, asked himself as he prepared to sell his plant-based protein powder business, Vega. “I wanted to not only make my parents proud, but show my kids how it’s done, and help the community,” says Charles. Charles recently donated $10 million to the Beedie School of Business. In many ways, this transformational gift marks the end of one wildly successful chapter – growing Vega from a company run out of his basement and financed by multiple lines of credit, into a game-changing, category-defining multimillion dollar company – and the beginning of another one, as an active philanthropist who wants to do more than simply write the cheque. “How do I give back meaningfully, to contribute to the next generation? The visions weren’t that grandiose early on but they develop as you have

engage

DONOR PROFILE

more capacity and time and resources. My family and I, we’re really excited about it.” Coupled with his deep flair for business innovation, a gift to establish the Charles Chang Institute for Entrepreneurship, housed within Simon Fraser University’s Beedie School of Business, was a natural fit. A flagship initiative of the institute will be the Charles Chang Certificate in Innovation and Entrepreneurship, aimed at nurturing entrepreneurs across all faculties. His ties to SFU are long-standing – family members have attended university here, and in his words, it’s thanks to SFU’s renowned co-op programs that he met his wife. Today, what inspires Charles about SFU is the possibility to make SFU and the Lower Mainland a hub for innovation and entrepreneurship. The gift is the second largest in the history of the Beedie School of Business. And like all good entrepreneurs, Charles is making his mark on exactly how this gift can have the greatest impact. To honour his outstanding generosity, SFU’s newest property at 308 Hastings will be named the Charles Chang Innovation Centre.

DONOR NEWSLETTER Summer 2016

When you’re beginning as an entrepreneur, your first order is to survive. Thinking about giving comes a little bit later. – Charles Chang


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