The U.S. Department of State Secretary’s Office of Global Partnerships (S/GP), along with Concordia and the University of Virginia Darden School of Business Institute for Business in Society, have opened the application process for the fourth annual P3 Impact Award, which honors exemplary public-private partnerships (P3s) from around the world.
The P3 Impact Award was created by the three partners in 2014 to recognize P3s that are improving communities around the world in impactful ways. It aims to share and advance best practices in P3s, and encourages the creation and scaling up of the P3 model worldwide. Finalists from past years have been highlighted in special features of the Darden School’s thought leadership website, Ideas to Action .
Project Nurture, a partnership between the global nonprofit TechnoServe, the Bill & Melinda Gates Foundation, and The Coca-Cola Company, was the winner of the 2016 P3 Impact Award. This influential group of experts sought to alleviate poverty among African farmers and address the challenges that food and beverage companies face when sourcing agricultural products from across the continent.
The winning partnership for the 2017 competition will be announced at the Concordia Annual Summit in New York City from September 18-19, 2017, and receive a full scholarship for a weeklong Darden Executive Education course. All finalists will again be featured in the Darden School’s Ideas to Action website, promoted across the partners’ websites, and recognized throughout the Summit.
Applications are being accepted through April 3, 2017, and will be reviewed by an independent panel of judges. Judges will review the applications based on the partnership’s measurable impact, economic and social benefits, innovative approach, financial effectiveness, and scalability. Finalists will then be selected and notified in June.
Source: U.S. State Department.