220 million for IVA’s education and entrepreneurship programmes

The Wallenberg Foundations and the Erling-Persson Family Foundation are the largest of numerous donors as the Royal Swedish Academy of Engineering Sciences (IVA) kicks off its 100th anniversary celebration. The Academy’s programmes for the future are now under way and aim to strengthen Sweden as a knowledge nation with a competitive and innovative business sector.

“Our future is not something that just happens, it’s something we create. The world is facing gigantic challenges, and investment in education, research and industry is crucial for sustainable development and to ensure that our country is competitive. We would therefore like to express our sincere gratitude to our donors who, together with IVA, are helping Sweden become a knowledge superpower,” says Tuula Teeri, President of IVA.

The IVA “World-Class Knowledge” programme is focusing on developing Sweden’s talent supply, the Swedish education system and attitudes towards knowledge. IVA is, for example, opening up admission to the Junior Academy in the spring for young people from Sweden ages 13 to 18. This programme allows high-achieving school students from around the world to work together to solve problems and make the world a better place.


The Vera Roadshow #IngenjörSomVera is also getting started at 12 of Sweden’s universities that offer engineering programmes. Vera Sandberg, Sweden’s first female engineer, is an important role model, inspiring more girls to apply to study for an engineering, science or technology degree. The initiative is a partnership between IVA, the Swedish Association of Graduate Engineers and the Association of Swedish Engineering Industries.

The “Entrepreneurship for the Future” programme aims to advance the art of entrepreneurship and improve the environment for entrepreneurs.

Donors to IVA’s programmes for the future are:

  • The Wallenberg Foundations (Knut and Alice Wallenberg Foundation, Marianne and Marcus Wallenberg Foundation, Marcus and Amalia Wallenberg Foundation): SEK 140 million in total.  
  • Erling-Persson Family Foundation: SEK 50 million. 
  • Private individuals, organisations and companies: SEK 30 million. These include: Stora EnsoAtlas CopcoEricssonVolvo GroupSaabSKFStena MetallÅF, Investment AB LatourPerstorp, Tetra LavalASSA ABLOY, IndustrivärdenChalmers University of TechnologySven Tyrén Foundation and the Confederation of Swedish Enterprise. Private donors include Carl Bennet and Carl-Henric Svanberg.

The Academy aims to raise at least SEK 300 million for the IVA Centennial Fund. Read more here

Contact information

Katarina Mellström
Senior Director
Phone +46 (0)70-309 22 50