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SEK 800m donation is green light for Nobel Center

Due to a generous donation, most of the financing has been secured for construction of the Nobel Center on the Blasieholmen peninsula in central Stockholm. The donors are the Erling-Persson Family Foundation and the Knut and Alice Wallenberg Foundation. Together these donors are contributing SEK 800m, making it one of the largest private donations for a project of this kind in Sweden.

“We are delighted that we can now realise the more than century-old dream of a Nobel Center. With this donation, the two foundations are showing their commitment and support for projects that will promote the dissemination of knowledge. The Nobel Center is an important investment in the future of Stockholm. A strong home base will also enhance the ability of the Nobel system to develop internationally,” says Lars Heikensten, Executive Director of the Nobel Foundation.

The work to realise the Nobel Center can now proceed in collaboration with the City of Stockholm. This means that the Nobel Prize will have a home in Stockholm and that a long-awaited attraction will become a reality. Through its broad public activities, the Nobel Center will invite people into the Nobel Prize’s unique world of natural sciences, humanities and peace efforts and become a meeting place that encourages curiosity and creativity. More details of the shortlist here.

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