The International Chamber of Commerce (ICC), the United Nations Development Programme (UNDP), and the International Business Leaders Forum (IBLF) have opened nominations for the 2008 World Business and Development Awards in support of the Millennium Development Goals (MDGs).

The awards recognize the contribution of the private sector to help achieve the MDGs through their core business. Recent winners of these awards have been De Beers for its HIV/Aids programme, ITC eChoupal and Procter and Gamble's PuR water purifier.

The MDGs are eight goals that promote poverty reduction, education, maternal health, and gender equality, and aim to combat child mortality, HIV/AIDS and other diseases (for more information click here). The World Business and Development Awards is one of the central events this year that will recognize the key contributions of the private sector to achieve the MDGs.

The deadline for nominations for the World Business and Development Awards is 15 June. Companies, institutions and associations of all types and sizes are invited to participate by nominating projects that document business activities leading to progress in achieving one or more of the MDGs. The winners will be announced on 24 September during a presentation ceremony in New York.

For more information about the awards, including eligibility criteria and nomination forms, please go here.

Guest blogger Sasha Dichter is Director of Business Development at Acumen Fund. Before joining Acumen, Dichter held senior positions in the corporate citizenship departments of GE Money and IBM. He earned a B.A., M.A., and M.B.A., all from Harvard University.

By Sasha Dichter

LifeSpring's maternity hospital outside of Hyderbad, India, is full of surprises. While the building is simple, and the maternal services they offer are low cost, the facility is immaculate and the quality of care is world-class. Expectant mothers dot the waiting room, along with their mothers or mothers-in-law, who do most of the talking. New babies gurgle, smile, cry and sleep. The energy in the halls is palpable.

I first visited LifeSpring on Mother's Day, where, as part of a free vaccination offering, the hospital sat new mothers and their families for photographs. Later that week, I visited with LifeSpring manager Anant Kumar and Acumen Fund Fellow Tricia Morente.

LifeSpring addresses a powerful and daunting problem. Fewer than half of Indian women are cared for by a skilled attendant during childbirth, and the chances, over a lifetime, of an Indian woman dying due to complications in pregnancy and childbirth are 1 in 70.

Mr. Ayyapan, the Chairman and Managing Director of Hindustan Latex Limited – a large Indian public sector company – and his team created LifeSpring to address this problem. Acumen Fund then joined in as a 50/50 joint venture partner to help take the concept to scale.

(This post continues past the break; click "Read More" to continue)