Students
Business Plan Competition

Good Neighbor Pharmacy NCPA Pruitt-Schutte Student Business Plan Competition


Good Neighbor Pharmacy NCPA Pruitt-Schutte Student Business Plan Competition

In an effort to promote interest in independent community pharmacy ownership, the National Community Pharmacists Association (NCPA) and the NCPA Foundation have established the Good Neighbor Pharmacy NCPA Pruitt-Schutte Student Business Plan Competition. The goal of the Competition is to motivate pharmacy students to create the blueprint necessary for buying an existing independent community pharmacy or to develop a new pharmacy. The Competition is the first national competition of its kind in the pharmacy profession and is named to honor two great champions of independent pharmacy, the late Neil Pruitt, Sr., and the late H. Joseph Schutte. Through this competition, NCPA is better able to prepare tomorrow’s pharmacy entrepreneurs for a successful future.

The Pruitt and Schutte families initiated an endowment fund with the NCPA Foundation to help support annual operating expenses of the competition. The competition is supported by Good Neighbor Pharmacy, Pharmacists Mutual Companies, and the NCPA Foundation.

Eligibility:

  • Teams must involve pharmacy students, all of whom must be active NCPA student members
  • Each team must have one (1) team advisor that is a pharmacist member of NCPA or who is a full-time faculty member at your pharmacy school
  • The pharmacy school from which the team is selected must have an active NCPA Student Chapter. NOTE: Only one application will be accepted per student chapter
  • Up to four (4) members team, including the team sponsor, must be available to attend the NCPA Convention if selected as finalists

Timeline:

  • Applications and written business plans must be postmarked by May 15, 2012
  • Three (3) finalists will be announced at the American Association of Colleges of Pharmacy (AACP) Annual Meeting in July
  • Presentation materials from the three finalists must be postmarked by August 26, 2011
  • Live presentations from the three finalists will be made at the NCPA Annual Convention during the future pharmacist programming and winners will be announced during the Opening General Session

Award Description:

The team members and team advisor of the three finalists will receive complimentary registration, travel and lodging to the NCPA Convention. After the live presentations are scored, the awards are as follows:

  • Third Place—$1000 to the NCPA student chapter, and $1000 in the Dean's name to promote independent pharmacy at the school
  • Second Place—$2000 to the NCPA student chapter, and $2000 in the Dean's name to promote independent pharmacy at the school
  • First Place—$3000 to the NCPA student chapter, and $3000 in the Dean's name to promote independent pharmacy at the school. The team members, team advisor, and Dean will receive complimentary registration, travel, and lodging to the Multiple Location Conference (formerly the Independent Chain Conference) in February.

Resources:

For more information and resources, contact the NCPA Student Affairs Department at
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