ABOUT PERIMETER INSTITUTE

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Perimeter Institute is the world’s largest research hub devoted to theoretical physics. The independent Institute was founded in 1999 to foster breakthroughs in the fundamental understanding of our universe, from the smallest particles to the entire cosmos. Research at Perimeter is motivated by the understanding that fundamental science advances human knowledge and catalyzes innovation, and that today’s theoretical physics is tomorrow’s technology....Perimeterinstitute.ca/about-us/our-story 👈

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NOTE... HISTORY; In 1999, Howard Burton who had a PhD in theoretical physics from the University of Waterloo emailed Mike Lazaridis along with 20 CEOs in an attempt to leave his Wall Street job. Lazaridis then pitched the idea of the Perimeter Institute to Burton as he wanted to use his BlackBerry wealth for a philanthropic endeavour. Lazaridis' initial donation of $100 million was announced on October 23, 2000, believed to be the biggest private donation in Canadian history to that point. Jim Balsille and Doug Fregin each donated $10 million. The city of Waterloo offered four sites of land for free; Lazaridis chose the former site of the Waterloo Memorial Arena (near Uptown Waterloo). Research operations began in 2001, in a temporary site in a nearby post office. Burton became the Institute's founding director. The permanent building's construction finished in 2004. The Ontario budget, announced in March 2006, included a commitment to provide $50 million in funding to PI from the Ministry of Research and Innovation. In May 2008, Dr. Neil Turok, a cosmologist, was appointed as Perimeter Institute's second director replacing Howard Burton. Lazaridis donated a subsequent $50 million on June 4, 2008. In November 2008, it was announced that physicist Stephen Hawking would take the position of Distinguished Visiting Research Chair, a visiting position, at the institute.....Wikipedia.org/wiki/Perimeter_Institute_for_Theoretical_Physics 👈

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