Groundbreaking Layer 1 blockchain Sui has made a $1 million contribution to London Business School’s (LBS) Wheeler Institute for Business and Development (the Wheeler Institute) to help future generations of developers and business leaders leverage the power of decentralised computing.
The Sui Foundation gift will fund further research, outreach activities, and education curriculum programmes focusing on the intersection of business and blockchain development. It will also provide guidance and advice as the School and Wheeler Institute expand their research, teaching and public outreach activities related to technology and development with an emphasis on fintech, automation, payment systems and blockchain technology.
Sui Foundation Managing Director Dr Greg Siurounis leads the foundation’s efforts to help grow the Sui Network and its community. A graduate of London Business School’s PhD programme, he also serves as an Assistant Professor in Economic Theory and Policy at the Department of Regional and Economic Studies at Panteion University in Athens, Greece.
“As the next generation of business and technology leaders prepares to address ever-increasing challenges around the world, it is imperative that we connect them with the forefront of technology solutions,” Dr Siurounis said.
“Sui is pleased to endow London Business School to give more young leaders access to the tools required for them to implement lasting positive change on a global scale.”
François Ortalo-Magné, Dean of LBS, said: "The importance of contributions like the one Sui Foundation is making at London Business School cannot be overstated. The research activities that will be funded by their gift have a multiplier effect that empowers generations of future leaders to address global challenges in entirely new ways."
The gift coincides with the one year anniversary of London Business School’s transformative Forever Forward fundraising campaign.