Fourteen teams are set to compete in the Pharmacy Guild of Australia’s 2017 National Student Business Plan Competition

Registrations have now closed and this year’s high number of registrations follows the success of the 2016 competition, says the Guild.

This year’s entrants include multiple registrations from several pharmacy schools and registrations from first-time entrants, the University of Otago.

The competition, which commenced in 2006, encourages innovation among pharmacy students who will be the future owners of Australia’s community pharmacies.

In 2017 the focus on innovation will continue with the aim of ensuring that tomorrow’s owners look for highly differentiated services that they can provide to the Australian market.

The competition is an initiative of the Pharmacy Guild and is sponsored by Sanofi Consumer Healthcare (principal sponsor), EBOS (major sponsor), Gold Cross Products and Services and Pharmaceutical Defence Limited (PDL) (both foundation sponsors).

The competition will progress through several rounds culminating in the finals to be held at the Pharmacy Business Connect conference in Sydney 1-3 September.

The competition was open to all pharmacy schools and will provide $15,000 in cash prizes to the finalists (top three teams) in addition to registration, flights and accommodation to attend Pharmacy Connect.

Pictured are last year’s winners, the NaturEd team.