The P3 Impact Award was created by Concordia, the University of Virginia Darden School Institute for Business in Society, and the U.S. Department of State’s Office of Global Partnerships to recognize and honor leading public-private partnerships (P3s) that improve communities and the world. Inaugurated in 2014, the P3 Impact Award is presented each fall at the Concordia Annual Summit in New York, New York*. The award seeks to highlight leading practices and actionable insights in the P3 arena. For this award, a P3 refers to any cross-sector collaboration that features public, private, nonprofit, or non-governmental organizations and addresses societal problems.
Each year, the P3 Impact Award team appoints an independent panel of P3 experts to review and assess applications based on the award criteria. The judges assess the applications based on the partnership’s operational structure, measurable social impact, financial effectiveness, innovation, and scalability. To view previous P3 Impact Award judges, please scroll to the bottom of this page.
Please note that the project should demonstrate some, but not necessarily all of the following characteristics:
Partnerships may be contacted to provide additional information and participate in brief interviews, if necessary.
Cross-sector partnerships between the following entities are eligible to apply for the award:
Any partner can submit the application or a third party can nominate a partnership for the award. However, a representative of each partner entity must sign the application form. If there are any questions regarding award criteria and eligibility, contact the award team: firstname.lastname@example.org
The 2024 application period will open on February 5, 2024. Following an initial evaluation that determines 10 semi-finalists, independent judges will score each submission based on criteria required on the application form. These are then combined to create an overall score for each entry, with the 5 highest scoring entries comprising the P3 Finalists. Applicants are notified of their progress in June (semi-finalist stage) and July (finalist stage). The winner will be announced at the 2024 Concordia Annual Summit in September.
The judging process is divided into three stages:
All submissions are assessed to ensure they meet basic criteria and eligibility.
A panel of judges score each submission based on criteria required on the application form. Each submission is evaluated by multiple judges. All judges’ scores are totaled and the highest scores will determine five finalists.
Finalists participate in the 2024 Concordia Annual Summit, where they will present their partnerships to the judges and a live audience. After asking any additional questions of the finalists, the judges will deliberate and provide another score in real-time. These scores are weighted with the scores from Stage 2 to determine the winner of the P3 Impact Award.
The P3 Impact Award winner receives a series of benefits ranging from recognition to visibility to connections with high-level networks.
*Terms and conditions apply
All applicants will receive detailed feedback from partnership experts to aid in their development and unique opportunities to engage with Concordia in the future.
The P3 Impact Award was created by Concordia, the University of Virginia Darden School Institute for Business in Society, and the U.S. Department of State’s Office of Global Partnerships to recognize and honor leading public-private partnerships (P3s) that improve communities and the world. Inaugurated in 2014, the P3 Impact Award is presented each fall at the Concordia Summit in New York, New York. The award seeks to highlight leading practices and actionable insights in the P3 arena. For this award, a P3 refers to any cross-sector collaboration that features public, private, nonprofit, or non-governmental organizations and addresses societal problems.
The Darden School Institute for Business in Society aims to be a leading global catalyst and convener of thought, information and action at the interface of business and society, and to promote the development of leaders to positively impact society through their roles in business.
The Office of Global Partnerships (GP) is the center of excellence for collaboration between the U.S. Department of State, the public and private sectors, and civil society. Launched in 2008 on the recommendation by the Advisory Committee for Transformational Diplomacy, GP builds and facilitates partnerships that leverage the creativity, innovation, and core business resources of partners for greater impact.
Concordia is a nonprofit, nonpartisan organization dedicated to actively fostering, elevating, and sustaining cross-sector partnerships for social impact. As equal parts convener, idea incubator, and partnership broker, Concordia aims to create a global community where challenges are solved collaboratively and inclusively. With the support of its members, partners, and advisors, Concordia facilitates social impact through their events and partnerships. Concordia believes in the partnership model as a holistic approach to addressing the world’s most pressing issues, as it pairs the knowledge and expertise of the nonprofit and public sectors while leveraging resources from the private sector.
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