The Pharmacy Guild has announced three finalists in its 2017 National Student Business Plan Competition
The finalists, from a total of 14 entries, have progressed through the business plan, quarter-final and semi-final rounds.
The three finalist teams are:
- Isle Pharmacy, University of Tasmania;
- New Life Pharmacy, a cross-institutional team from James Cook University, Queensland University of Technology and University of South Australia; and
- PharmHealth Pharmacy, a cross-institutional team from La Trobe University and Monash University.
The competition is an Australia and New Zealand wide challenge, promoting creative entrepreneurship among students preparing for a career in community pharmacy.
Under the competition format, the teams produced business plans, provided written responses to feedback and participated in an investor pitch.
The three finalists will now present their investor pitch ‘live’ at the Pharmacy Connect conference in Sydney, on Saturday 2 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, was designed to encourage innovation among pharmacy students by asking them to create competitive business plans using their ideas, talents and creative business concepts.
The competition is an initiative of the Pharmacy Guild of Australia and is sponsored by Sanofi Consumer Healthcare (principal sponsor), EBOS (major sponsor), Gold Cross Products and Services and Pharmaceutical Defence Limited (PDL) (foundation sponsors).