The Institution of Engineering and Technology

Registered charity 211014 · since 1964theiet.org·Australia, Bahrain, Belgium, Brunei, Canada, China, Cyprus, Czechia, Egypt, France, Germany … [31 more]·Updated 29 October 2026

At a glance

£421k
Annual giving, year to 31 December 2024
From filed accounts

Key takeaways

  • Whether this fits depends on the work.
  • The IET's stated themes are STEM education, radar and microwave, lasers and optoelectronics, medical engineering and engineering scholarships, so a project well outside these is unlikely to match.
  • The awards it lists are modest, with travel awards, the Launch Scholarship and the Boost Scholarship each up to £1,500, so a request of that order is the realistic size.
  • Neither the annual report nor the register publishes an application process, so the sensible first step is to use the contact shown to ask whether your project fits before writing anything, and to check the timing of its six rounds a year, with up to two awards in each.
  • Do not apply for Future Talent Awards if you have not been a UK resident for at least three years, are studying for an MSc, or are a student or degree apprentice who has not achieved 70% or above at the end of your 2nd or 3rd year of university.

Overview

The Institution of Engineering and Technology is a charity registered with the Charity Commission for England and Wales (charity number 211014).

The Institution of Engineering and Technology is a charity whose purpose is to promote the general advancement of science, engineering and technology and to facilitate the exchange of information and ideas on these subjects among its members and otherwise. Its awards programme recognises individual excellence, pioneering research and innovation through scholarships, travel awards, prizes and competitions. Its annual giving is £421,000.

What they fund

Priority Areas

The IET’s purpose is to advance science, engineering and technology and facilitate the exchange of ideas in those fields. Its awards programme recognises individual excellence, pioneering research and innovation; its awards include scholarships and financial support for engineering students and apprentices, postgraduate research awards, prizes and travel awards for members attending conferences or research visits. It also recognises innovative companies and individuals. The A F Harvey Engineering Research Prize supports researchers working in radar and microwave, lasers and optoelectronics, or medical engineering, with the prize awarded through a host organisation. The IET’s wider public-benefit work encourages future engineers, shares technical knowledge, and develops capability, professionalism and innovation to help meet society’s needs. The website also describes a dedicated fund for STEM education.

Themes

  • STEM education
  • Radar and microwave
  • Lasers and optoelectronics
  • Medical engineering
  • Engineering scholarships

What they don't fund

  • Future Talent Awards only:
    • applicants who have not been a UK resident for at least three years at the time of applying
    • those studying for MSc qualifications
    • students or degree apprentices who have not achieved 70% or above at the end of their 2nd or 3rd year of university

How to apply

No application process is published in the charity's annual report, its register entry or its website. The contact shown is for getting in touch.

Who can apply:

  • Future Talent Awards: Be a UK resident for at least three years at the time of applying; be studying (or about to start) an IET-accredited degree or apprenticeship; meet the specific criteria for either the Launch or Boost Scholarship.
  • International travel awards: For members of the IET who live in any country, as long as the travel is international

What to send:

  • Boost Scholarship: A tutor reference completed by a Tutor that knows you well and who can describe your dedication to your studies and your passion for engineering in detail.

Application success factors

What the charity says:

  • The A F Harvey selection panel seeks the most innovative workers in the prize’s stated fields.

Where they fund

Registered area of operation (Charity Commission)

  • Australia
  • Bahrain
  • Belgium
  • Brunei
  • Canada
  • China
  • Cyprus
  • Czechia
  • Egypt
  • France
  • Germany
  • Greece
  • Guernsey
  • India
  • Ireland
  • Israel
  • Italy
  • Japan
  • Jersey
  • Jordan
  • Kuwait
  • Luxembourg
  • Malaysia
  • Malta
  • Mauritius
  • Netherlands
  • New Zealand
  • Nigeria
  • Norway
  • Pakistan
  • Saudi Arabia
  • Singapore
  • South Africa
  • Sri Lanka
  • Sweden
  • Switzerland
  • Taiwan
  • Trinidad and Tobago
  • United Arab Emirates
  • United States
  • Gibraltar
  • Scotland

Similar funders

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Five years of accounts

Financial yearIncomeExpenditureGrants paidAccounts document
year to 31 December 2020£52,533,000£61,867,000£345,000Accounts for year to 31 December 2020
year to 31 December 2021£58,545,000£64,532,000£320,000Accounts for year to 31 December 2021
year to 31 December 2022£67,565,000£68,826,000£446,000Accounts for year to 31 December 2022
year to 31 December 2023£66,414,000£72,318,000£334,000Accounts for year to 31 December 2023
year to 31 December 2024£64,082,000£70,300,000£421,000Accounts for year to 31 December 2024

Income vs grants paid

IncomeGrants paid

Total value each financial year

YE 2020
£345k grants
YE 2021
£320k grants
YE 2022
£446k grants
YE 2023
£334k grants
YE 2024
£421k grants

Grants paid stayed within income across the 5 years shown.

  • Grants paid, year to 31 December 2020; year to 31 December 2021; year to 31 December 2022; year to 31 December 2023: grants to institutions, as reported on the charity register (Part B).
  • Grants paid, year to 31 December 2024: the accounts do not say whether this is grants awarded or paid.

Figures from the charity’s filed accounts and its register entry. The document icon links to the charity’s entry on the Charity Commission register, where its filed accounts can be found.

Sources

  • Annual report (year to 31 December 2024)

This profile draws on the funder’s own website as well as its filed accounts.

Sources last checked on 23 October 2026.

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