Indian NGO Samridh is among the finalists for the P3 Impact Award 2022 along with four other non-profit organizations.
The award is presented annually by the State Department and the Darden Business Institute at the University of Virginia School of Business for Business in Society.
It recognizes exemplary public-private (P3) partnerships that provide solutions to pressing issues, such as promoting an equitable economic recovery from COVID-19, improving access to education and quality health care, and using emerging technologies to improve lives while addressing the climate crisis.
This year’s finalists are Plastics Solutions Alliance – Timor-Leste; School the World Community Schools: Guatemala, Honduras and Panama; SAMRIDH Healthcare Blended Finance Facility – India; Association for Central America – United States of America and Global Alliance for Trade Facilitation – Global.
The winner will be announced at Concordia’s 2022 Annual Summit on September 19.
According to the Department of State, Sustainable Market and Resource Access for Innovative Healthcare Delivery (SAMRIDH) is a blended funding mechanism supported by USAID and implemented by IPE Global in partnership with several parties government stakeholders, philanthropic and financial institutions, private sector, incubator. /accelerators and academics.
SAMRIDH works to address weak health systems and persistent shortages of skilled labor and infrastructure in India, which have been exacerbated by the pandemic.
It combines commercial capital with public and philanthropic funds to drive more investment in market-based healthcare solutions.
SAMRIDH’s immediate goal is to bridge supply gaps in emergency health services and accelerate India’s response to COVID-19.
In the long term, it aims to strengthen comprehensive health services to improve access to affordable and quality health care for vulnerable communities and build resilient health systems to effectively respond to future health emergencies, the State Department said .