The Queen Elizabeth Prize for Engineering, also known as the QEPrize, is a global prize for engineering and innovation. The prize was launched in 2012 by a cross-party group consisting of David Cameron, Nick Clegg, and Ed Miliband, then Prime Minister, Deputy Prime Minister and Leader of the Opposition of the United Kingdom. The £500,000 prize, and 3D printed trophy, are awarded annually in the name of Queen Elizabeth II (the prize was biennial until 2021).The prize is run by the Queen Elizabeth Prize for Engineering Foundation, a charitable company. The Foundation is chaired by Lord Browne of Madingley, with Sir Paul Nurse, Mala Gaonkar, John Hennessy and Sir Jim McDonald serving as trustees. The QEPrize is funded by donations from the following international companies: BAE Systems, BP, GSK, Hitachi Ltd., Jaguar Land Rover, National Grid, Nissan Motor Corporation, Shell, Siemens UK, Sony, Tata Consultancy Services, Tata Steel and Toshiba. Source: Wikipedia (en)