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P3 Impact Award

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.

 

Our 2021 Annual Summit will take place both digitally and in person the week of September 20, 2021 in new york city. during the annual summit, p3 impact award finalists will present their applications to the judges for a final round of judging. if you are interested in attending, please email partnerships@concordia.net 

CRITERIA

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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 see the section below.

BENEFITS

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The P3 Impact Award winner receives a series of benefits ranging from recognition to visibility to connections with high-level networks. Benefits include: 

  • Concordia’s high profile platform to present their work to an international community
  • A scholarship to a University of Virginia week-long Executive Education course 
  • Gifted Concordia Patron Membership (1 per partnership)
  • Access to the expansive networks of each organizing entity to identify individuals, organizations, industries, and geographies that may be able to foster potential partnerships and scale impact.

Process

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The 2021 application period will be open January 19 – April 12, 2021. Following an initial evaluation that determines 10 semi-finalists, independent judges will then 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 will be notified of their progress in May (semi-finalist stage) and July (finalist stage). The winner will be announced at the 2021 Concordia Annual Summit in September. 

accelerator

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The P3 Impact Accelerator program is designed to help advance early-stage partnerships who may need support and guidance as they continue to work on achieving positive social impact. Specific partnerships who will not advance as finalists, as identified by the organizers, will be invited to participate in the Accelerator.

P3 Impact Award Applicant Locations (2014 - 2020)

Previous P3 Impact Award Judges