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 best practices of public-private partnerships (P3s) that are improving communities and the world in the most impactful ways. 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.
Concordia is a nonprofit, nonpartisan organization that serves as a platform to promote effective and sustainable public-private partnerships (P3s) to achieve economic and social impact. Concordia is dedicated to identifying new avenues of collaboration for governments, businesses, and nonprofits by convening global leaders and developing new research products. Concordia's programming offers stakeholders an opportunity to network with global leaders and identify opportunities to work together to help solve some of the world’s most intractable problems. Concordia's research guides these collaborations to ensure that the full potential of P3s is realized.
The Institute for Business in Society, established at the University of Virginia Darden School of Business in 2011, prepares leaders to positively impact society through business. The institute advances thought leadership and innovative practices through research, teaching, programs and convening events.
The Secretary’s Office of Global Partnerships (S/GP) is the entry point for collaboration between the U.S. Department of State, the public and private sectors, and civil society. S/GP aims to strengthen and deepen U.S. diplomacy and development around the world through partnerships that leverage the creativity, innovation, and core business resources of partners for greater impact. S/GP works with partners across sectors, industries, and borders to promote economic growth and opportunity; to invest in the well-being of people from all walks of life; and to make democracy serve every citizen more effectively and justly.