Box 5073 / S-102 42 Stockholm Sweden
T. +46 8 791 29 00 | F. +46 8 611 56 23
The Royal Swedish Academy of Engineering Sciences (IVA) is an independent academy with a mission “…to promote engineering and economic sciences and the advancement of business and industry for the benefit of society.” IVA has approximately 1,300 elected Swedish and international Fellows, along with 250 member companies on the Business Executives Council. We bring together leading engineers, economists, researchers, entrepreneurs and leaders in business and the public sector, who contribute generously to IVA’s operations through their intellectual capital and their engagement. Founded in 1919, it is the world’s oldest engineering academy, still with HM The King as its patron.
Sylvia SCHWAAG SERGER
President
2024-10-01 to 2030-10-01
Founding date:
24 October 1919
Number of Fellows and Associate Fellows:
Approx. 1300 fellows (national and international)
Percentage of women among Fellows and Associate Fellows:
22% of fellows of IVA are women (as of 2022)
Number of staff:
63 FTE
Annual budget:
110 million SEK (approx. 9,570,000 EUR)
Financing sources:
Government Support: 27%
Industry: 21%
Universities and Research Institutions: 4%
Private funding: 21%
Other (please specify):
IVA’s conference centre: 14%
Rental income from tenants: 3%
Travels and annual meeting: 2%
Administrative services: 2%
Other income: 6%
Bilateral relations with other member academies of Euro-CASE:
No formal agreements/partnerships, but close relations primarily with ATV, RAEng and Acatech.
Academy is member of:
CAETS
IVA’s mission is to promote the engineering and economic sciences and the development of industry for the benefit of society. (The vision of IVA is Technology in the service of humanity)
– Digitalisation
– Energy and Resources
– Entrepreneurship
– Research and Innovation
– Skills Supply
24 October 2025
– In 2019, the Royal Swedish Academy of Engineering and Sciences (IVA), celebrated 100 years. During the year, IVA highlighted challenges and change needed in a number of areas e.g. the climate challenge, circular economy, energy, sustainable water supply, digitisation of society, entrepreneurship and collaboration between the research community and the private sector. The academy did so throughout the year by arranging meetings and seminars, assemble working groups and networks.
– The academy promoted discussion of the role of engineering the next 100 years, most prominently at the CAETS Convocation 2019, hosted by IVA in Stockholmering. The conference, hosted by IVA, gathered over 400 researchers and experts from all over the world.
– The 2019 Nobel Laureate in Chemistry, Akira Yoshino, visited IVA in connection with the Nobel festivities in December. Prof. Yoshino, also known as the father of lithium ion batteries, was the keynote speaker at a seminar at IVA, “Future Battery – Technology and Ecosystem”.
– “Good science is never dead!” With that statement the 2019 EU–US Frontiers of Engineering symposium, held 18-20 November in Stockholm, was officially opened, with IVA as host. The Frontiers of Engineering is a programme run by the US National Academy of Engineering with the intent to bring together a select group of emerging engineering leaders from industry, academia and government labs, to facilitate collaboration in engineering as well as the transfer of new techniques and approaches across fields.
– At its Annual Meeting in October, over 1000 guests from across the world, IVA celebrated its actual birthday and becoming Sweden’s youngest centenarian.