The Pharmacy Guild of Australia has announced the three finalist teams in its National Student Business Plan Competition.
Three teams, from a total of 16 entries, have successfully progressed through the business plan, quarter-final and semi-final rounds and have been announced as the 2016 National Student Business Plan Competition finalists. The teams are:
- NaturEd Pharmacy, University of Auckland (Philip Cabasag, Akhila Puthigae, Surbhi Patel, and Sean Turner, below top);
- Eye Scream for Eye Screen, University of Technology Sydney (Michael Stephens, Alan Shakir, Danielle Thongthanawat, Betty Nguyen, pictured above); and
- One Life Pharmacy, University of Sydney (Maggie Lai, Mikey Tran Luong, Jenny Lu and Youhyun Ju, below bottom).
The competition is an Australia and New Zealand wide challenge, promoting creative entrepreneurship among students preparing for a career in community pharmacy.
The teams produced business plans, answered online assessments, completed several essay questions and participated in an investor pitch as part of the competition.
The three finalists will now present their investor pitch ‘live’ at the Pharmacy Connect conference in Sydney, on Saturday 10 September, with the winners announced at the Gala Dinner that evening. The competition will provide $15,000 in cash prizes to the finalists in addition to registration, flights and accommodation to attend Pharmacy Connect.
The competition, which commenced in 2006, is designed to encourage innovation among pharmacy students by asking them to create competitive business plans using their ideas, talent and creative business concepts.
The competition is an initiative of the Pharmacy Guild of Australia and is sponsored by Blackmores (principal sponsor), EBOS (major sponsor), Gold Cross Products and Services and Pharmaceutical Defence Limited (PDL) (foundation sponsors).