National Student Business Plan Competition breaks record

hand writes "business plan"

This year’s National Student Business Plan Competition has attracted the highest number of entries in the competition’s history, says the Pharmacy Guild.

The competition was opened up to all pharmacy schools across Australia and New Zealand this year.

The competition has also attracted a new sponsor for 2015-2017. EBOS has joined existing sponsors Blackmores (principal sponsor), Gold Cross Products and Services and Pharmaceutical Defence Limited (PDL) in supporting the competition and the future of pharmacy.

The National Student Business Plan Competition is an initiative of the Pharmacy Guild of Australia designed to promote creative entrepreneurship among pharmacy students and encourage the development of viable, innovative, pharmacist-owned community pharmacies.

The objective of the competition is to assist pharmacy students to gain the skills required to approach the task of owning or managing a pharmacy through the development of their business plans.

The competition allows pharmacy students the opportunity to complete a business plan and have it reviewed by not only pharmacist owners but accountants and business experts for viability.

Registrations for the competition are now closed. The competition will progress through several rounds culminating in the finals to be held at the Pharmacy Business Network in Melbourne, 17-19 September 2015.

With the theme for PBN2015 being “Meeting the Challenge through Innovation,” the NSBPC finalists will present their innovative ideas to the PBN2015 delegates.

The competition will provide $12,000 in cash prizes to the finalists (top three teams) in addition to registration, flights and accommodation to attend the Pharmacy Business Network.

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