Timothy Hwang

Timothy Hwang
Born (1992-02-20) February 20, 1992
East Lansing, MI
Residence Gaithersburg, Maryland
Nationality United States
Education Princeton University
Occupation CEO at FiscalNote, Inc.
Political party Democratic Party
Awards Forbes 30 Under 30, Inc. 30 under 30, World Economic Forum Technology Pioneer

Timothy Hwang (born February 20, 1992) is an American Internet entrepreneur and politician from Maryland. He was the founder and president of the National Youth Association (NYA), the national American youth lobby in Washington, DC[1] and is currently the CEO of FiscalNote, a data analytics firm.[2][3] He has appeared as a frequent commentator on major networks on public education and youth issues. In 2016, Hwang was named to the 30 Under 30 lists of top young entrepreneurs by Forbes[4] and by Inc. (magazine).[5]

Early life and education

Hwang is the son of immigrants from Korea and was born in East Lansing, MI and raised in Potomac, MD. He graduated from Thomas Sprigg Wootton High School in Rockville, MD before attending the Woodrow Wilson School at Princeton University, focusing his work on labor economics and technological innovation. He was known in high school for his commitment to academic work becoming one of two State Scholars in Maryland[6] At Princeton, he worked on policies to expand opportunities for entrepreneurs on campus and in the community.[7] In 2009, he was named as Time magazine and Bentley University's Tomorrow25, for his "leadership and creativity to make the world a better place".[8]

Entrepreneur

Hwang first came to prominence as a young entrepreneur when at the age of 14, he founded Operation Fly, Inc., which he founded after a trip to Guatemala. He quickly gained national prominence and eventually won the Ernst and Young Youth Entrepreneur of the Year Award for the Greater Washington Area at the age of 17.[9][10] The organization was best known for its "Sheets for Streets" program that handed out blankets to the homeless and "Packs for Backs" programs that handed out backpacks filled with school supplies to underprivileged children.[11][12][13]

In 2010, after leaving Operation Fly, Inc., Hwang founded Articulance Consulting Group as well as an analytics tool called Moochr, which was sold in early 2012 for an undisclosed amount.[14] He is currently working to revitalize the foundation/non-profit Feed to Read by acting as the part-time Executive Director, working with local leaders on primary education and child hunger issues in Central America.

In 2013, he announced that he would be leaving the NYA to found FiscalNote.[15] FiscalNote develops real-time legislative predictive capabilities as well as enterprise collaboration and visualization tools for government relations professionals and is used by several Fortune 500 companies and government agencies.[2] The startup has raised over $31 million to date from Jerry Yang, Mark Cuban, Renren, and New Enterprise Associates.[16]

In 2015, FiscalNote and Hwang were the protagonists in a Columbia Business School case study. [17]

Advocacy and public service

Hwang's advocacy has revolved around access to public education, support for entrepreneurship, and youth issues. He began his work in politics working as a field organizer for the 2008 Barack Obama Presidential campaign and other local races, eventually serving as the head of the High School Democrats in Maryland, supporting the election efforts of Frank Kratovil, Chris Van Hollen, and Donna Edwards.[18]

At age 17, Hwang was elected to serve as the Student Member on the Board of Education of Montgomery County Public Schools. He was an outspoken member of the School Board, known for his many town halls, usage of social media,[19] and protests against the proposed $137.7 million cut to public education funding[20] and has been noted as a "rising star"[21] among Asian-American politicians. He was most well known for the controversial elimination of "a policy that gave students a failing grade after five unexcused absences",[22] his work to leverage youth political power through a "Youth Slate",[23] and his attempts to legally give students a larger voice in the school system.[24][25] He appeared on ABC and Fox News fighting for expanded funding for public education. His much criticized[26] proposal for an expanded youth vote in the Maryland State Legislature ultimately died in the Senate on a procedural vote.[27][28] In 2012, he was appointed to serve as the Commissioner for the Commission for Juvenile Justice by the Montgomery County Council.[29] He also heads up the Cross Pacific Education Initiative (CPEI) as the Co-Chair, "creating forums for the exchange of ideas regarding education policy and practices between Asia and the Americas".[30]

Hwang is also known for his work to expand opportunities for entrepreneurs, especially in Maryland and local governments, serving as the Co-Chair of the Jumpstart Maryland coalition of startups, where he was a strong proponent of Governor Martin O'Malley's proposals for a state-run early stage venture capital fund and expanded access to technology transfers in federal laboratories.[31][32][33]

Currently, he is writing a book on global youth trends and unemployment, set to release in the Spring of 2013.[34]

National Youth Association

In 2010, Hwang founded a 501(c)(4) issue advocacy organization, the National Youth Association (NYA) with the intention of creating an organization that "represented our generation’s ability to play a significant role in politics and society at-large and a chance to demonstrate that we won’t be sidelined."[35] According to the NYA, the organization is a "coalition representing 750,000 youth in the United States".[36]

The organization has concentrated its efforts on creating a youth Super PAC[37] as well as a youth credit union.[38] The organization was behind a widely publicized campaign regarding the bullying of a Chicago teen[39] as well as a "Claim Your Future" campaign associated with progressive groups such as Credo Mobile, SEIU, Rock The Vote and LIUNA[40] and against organizations such as American Crossroads.[41] In 2013, Hwang announced that he would not be renewing his term.[42]

References

  1. ↑ Ford, Benjamin (May 25, 2012). "Rockville native goes from Montgomery school board to national venue". Gazette/Washington Post. Retrieved 27 May 2012.
  2. 1 2 "FiscalNote". CrunchBase. Retrieved 2013-05-29.
  3. ↑ "Gov't Analysis Startup FiscalNote Enlists Former Cabinet Secretary Lu And Elsevier's Chi As Advisors". TechCrunch. Retrieved 2013-07-26.
  4. ↑ "30 Under 30 2016: Law & Policy". Forbes. Retrieved 2016-06-06.
  5. ↑ "How FiscalNote Gets Ahead of Government (So You Don't Have to)". Inc.com. 2016-06-02. Retrieved 2016-06-06.
  6. ↑ "MCPS Has Record Number of National Advanced Placement Scholars". MCPS Public Affairs. December 11, 2009. Retrieved 27 May 2012.
  7. ↑ "Princetonian Entrepreneurs". Daily Princetonian. November 17, 2011. Retrieved 27 May 2012.
  8. ↑ "Tomorrow 25: Bentley University honors outstanding high school juniors |". Tomorrow25.bentley.edu. Retrieved 2012-06-22.
  9. ↑ "Junior Achievement | Students | Youth Entrepreneur of the Year Competition | Past Winners". Myja.org. Retrieved 2012-06-22.
  10. ↑ Kinzie, Susan (July 12, 2009). "The Fresh Faces of Philanthropy". Washington Post. Retrieved 27 May 2012.
  11. ↑ "The Prowler - Quince Orchard High School - Wootton students aid impoverished, form new organization". My.hsj.org. Retrieved 2012-06-22.
  12. ↑ Donaghue, Erin (December 10, 2010). "Nonprofit, founded by students, expands nationally". Gazette/Washington Post. Retrieved 27 May 2012.
  13. ↑ Lapite, Ajibike (April 2, 2011). "Tim Hwang: Freshman in the Forefront of the Non-Profit Sector". HerCampus. Retrieved 27 May 2012.
  14. ↑ "Early Entrepreneurship". Daily Princetonian. January 10, 2011. Retrieved 27 May 2012.
  15. ↑ "FiscalNote: Official website".
  16. ↑ "Mark Cuban, Jerry Yang among investors in Potomac wunderkind's technology". Washington Post. September 21, 2014. Retrieved 1 October 2014.
  17. ↑ http://www8.gsb.columbia.edu/caseworks/node/559
  18. ↑ Donaghue, Erin (May 13, 2009). "Wootton junior set to start on school board". Gazette/Washington Post. Retrieved 27 May 2012.
  19. ↑ http://www.fairvote.org/assets/DI-Finallayout.pdf
  20. ↑ Pagnucco, Adam (2010-05-11). "Maryland Politics Watch: Students Oppose MCPS Cuts". Maryland-politics.blogspot.com. Retrieved 2012-06-22.
  21. ↑ "자선 모금활동에 앞장서는 미국 청소년". Voice of America. July 15, 2009. Retrieved 27 May 2012.
  22. ↑ Birnbaum, Michael (April 10, 2010). "With social media, student school board members exercise influence". Washington Post. Retrieved 27 May 2012.
  23. ↑ "Salute to Youth and Their Activism | Karen Montgomery for Montgomery Senate". Montgomery4montgomery.org. 2010-07-02. Retrieved 2012-06-22.
  24. ↑ Moore, Marcus (December 9, 2009). "Student School board member wants more voting rights". Gazette/Washington Post. Retrieved 27 May 2012.
  25. ↑ Moore, Marcus (April 7, 2010). "House bill on student voting rights in limbo". Gazette/Washington Post. Retrieved 27 May 2012.
  26. ↑ "Parents' Coalition of Montgomery County, Maryland: Student will get to vote on $2 Billion+ MCPS Budget". Parentscoalitionmc.blogspot.com. 2012-03-23. Retrieved 2012-06-22.
  27. ↑ David @ Maryland Juice (2012-04-12). "Sen. Brian Frosh Unilaterally Kills Youth Empowerment Bill // Majority of Colleagues Backed School Board Voting Rights". maryland juice. Retrieved 2012-06-22.
  28. ↑ David @ Maryland Juice (2012-03-28). "Montgomery County Lawmakers Approve Bill Granting Full Voting Rights to Student Member of Board of Education". maryland juice. Retrieved 2012-06-22.
  29. ↑ http://www.montgomerycountymd.gov/content/council/pdf/res/2012/20120424_17-397.pdf
  30. ↑ "Board Members | State Farm Youth Advisory Board". Statefarmyab.com. Retrieved 2012-06-22.
  31. ↑ David @ Maryland Juice (2011-11-17). "Alternative Energy Startup Company Quietly Leaves Montgomery for Howard County // While You Were Sleeping". maryland juice. Retrieved 2012-06-22.
  32. ↑ David @ Maryland Juice (2011-11-10). "Guest Column: Juicing Maryland's Investment in Startups and Innovation // Plus, a Quick Note on Youth Voting Rights". maryland juice. Retrieved 2012-06-22.
  33. ↑ "Jumpstart Maryland!". Jumpstart Maryland!. Retrieved 2012-06-22.
  34. ↑ Restauri, Denise (September 7, 2012). "Meet The New "Balancers" -- The College Students Who Figured Out How To Do It All". Forbes. Retrieved 6 Sep 2012.
  35. ↑ Lee, Gahee (July 18, 2011). "Tim Hwang – Changing Things Up". Korean American Post. Retrieved 27 May 2012.
  36. ↑ "National Youth Association | Who We Are". Nyaamerica.org. Retrieved 2012-06-22.
  37. ↑ "Sophomore with a Super PAC". Daily Princetonian. April 26, 2012. Retrieved 27 May 2012.
  38. ↑ "Clinton Global Initiative Press | President Clinton Announces the Launch of the 2012 Clinton Global Initiative University Commitments "Bracket" Challenge". Press.clintonglobalinitiative.org. Retrieved 2012-06-22.
  39. ↑ Jason Keyser And Michael Tarm (2012-01-19). "Chicago Teen Beating Viral Video Points To Disturbing Trend". Huffingtonpost.com. Retrieved 2012-06-22.
  40. ↑ "Claim Your Future: Stop the War On Youth (NYA)". Claimyourfuture2012.com. Retrieved 2012-06-22.
  41. ↑ "National Youth Association | What Crossroads Generation Doesn't Tell You". Nyaamerica.org. Retrieved 2012-06-22.
  42. ↑ Tim Hwang (2013-05-08). "National Youth Association". timothyhwang.com. Retrieved 2013-05-08.
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