Concordia, University of Virginia Darden School Institute for Business in Society, and U.S. Department of State Secretary's Office of Global Partnerships
P3 Impact Award
Recognizing Collaborative Excellence
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 Secretary's Office of Global Partnerships to recognize and honor the leading best practices of public-private partnerships (P3) that are improving communities and the world in the most impactful ways. The award seeks to highlight the 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.
2014 P3 Impact Award Presentation at Concordia Summit
Andrew O’Brien, U.S. Department of State Secretary's Office of Global Partnerships; Natalie Pregibon, Concordia; and Mary Margaret Frank, UVa Darden School Institute for Business in Society present the 2014 P3 Impact Award at Concordia Summit
CocoaLink - 2014 P3 Impact Award Winner
Andrew O'Brien, U.S. Department of State Secretary's Office of Global Partnerships; Natalie Pregibon, Concordia; and Mary Margaret Frank, UVa Darden School Institute for Business in Society present the 2014 P3 Impact Award to representatives of the CocoaLink partnership: Laura Ostenso, World Cocoa Foundation; William Anani-Abotsi, Embassy of Ghana; and D. Michael Wege, The Hershey Company (Also pictured: Ricardo Michel, USAID)
This award is paritcularly meaningful for all of us at The Hershey Company. CocoaLink's success in improving the lives of small holder cocoa farmers, their families, and communities is directly attributable to the power of P3s." - D. Michael Wege, Senior Vice President, Chief Growth and Marketing Officer, The Hershey Company
Cross-sector partnerships between the following entities are eligible to apply for the award:
- Public entity and private entity
- Public entity and nonprofit entity
- Private entity and nonprofit entity
- Public entity, private entity, and nonprofit entity
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.
Projects will be assessed on the following criteria. Please note that the project should demonstrate some, but not necessarily all of the following characteristics:
- Strength of the cross-sector partnership
- Measurable impacts
- Economic and/or social benefits
- Improved service delivery
- Innovative features
- Financial effectiveness
The P3 Impact Award team will appoint an independent panel of P3 experts to review and assess applications based on the award criteria. Finalists will be contacted and asked to provide additional information and participate in brief interviews, if necessary.
Completed Application Form by 29 May, 2015, which includes:
- Executive Summary to provide the key elements of the partnership, including the societal issue or need it is addressing, the overall goals and objectives, and the metrics used to measure impact
- Partnership and Project Summary (4 detailed questions)
- Supporting Documentation
If necessary, additional information may be requested.
Presentation of Award
The 2015 P3 Impact Award will be presented at the 2015 Concordia Summit in October 2015 in New York City. Winners will receive:
- Ten tickets to attend the 2015 Concordia Summit & Gala in New York City
- Opportunity to present the partnership on the main stage at the 2015 Concordia Summit
- Scholarship for one member of each partner entity to attend a week-long Executive Education course at the University of Virginia Darden School of Business
- Recognition of partnership’s excellence in publicity and other media coverage
The winning project may be selected to be published as a case study.
For questions or additional information, contact Impact@Darden.virginia.edu.