2007 Annual Report - The NCPA Foundation

NCPA Pruitt-Schutte Student
Business Plan Competition
A team of pharmacy students from the University at Buffalo
won the NCPA 2007 Pruitt-Schutte Student Business
Plan Competition. A team from Washington State University
came in second, and a team representing the University
of Washington finished third.
Team members from the University at Buffalo were Alexandra
T. Centono, team captain Kathryn Jones, Christina Ramsay,
and Liliana Yohonn. Karl D. Fiebelkorn was the team’s adviser.
The team receives $3,000 for its NCPA student chapter, and
an additional $3,000 is contributed to the school in the dean’s
name to promote independent pharmacy. The team members,
team adviser, and the dean will receive complimentary
registration, travel, and lodging to NCPA’s Multiple Locations
Pharmacy Conference in Cancun in February 2008.
Team members from Washington State University were
Jacqueline Eide, Iris Kim, David White, and Andrew Yancey.
Linda Garrelts MacLean served as the team adviser. They
receive $2,000 for their NCPA student chapter, and a contribution
of $2,000 is made to their school in the dean’s name.
“The growing interest 5University at Buffalo team pictured
in independent pharmacy
among students
with Joe Schutte, co-founder of the NCPA
Pruitte-Schutte Business Plan Competition
Endowment Fund.
is extremely exciting.
Every year the number of teams in the competition has
increased,” said NCPA Executive Vice President and CEO
Bruce Roberts, RPh, “and all of them are winners.”
The three finalist teams made live presentations of their
business plans before the competition judges and an audience
during NCPA’s 2007 annual convention. NCPA President
John Tilley, RPh, announced the results of the competition
during the Opening General Session. The teams were
honored at the NCPA Foundation’s Award Ceremony.
The NCPA Pruitt-Schutte Student Business Plan Competition
is the first national competition of its kind in the
pharmacy profession and is named to honor two champions
of independent pharmacy, the late Neil Pruitt Sr. and
H. Joseph Schutte. The competition is supported by the
Pruitt and Schutte families, the NCPA Foundation, and
Covidien (formerly Mallinckrodt Pharmaceuticals).
Team members from the University of Washington were
Ellen J. Smith, Marlo Murray, and Janelle Wilde. Jacqueline
Gardner was the team’s adviser. They receive $1,000 for
their NCPA student chapter, and a contribution of $1,000
is made to the school in the dean’s name as well.
The judges for this year’s live competition were Jim Vincent,
Vincent Drugs; James Rankin, Family Care Pharmacy;
Chuck Prieve, AmerisourceBergen; Ed Hesterlee, Covidien;
John Carson, Oakdell Pharmacy; Diana Courtney, Lakeshore
Pharmacy; and Daniel Strause, DeForest Pharmacy.
Scholarship Winners
Scholarships totaling $55,000 — 28 in all — were conferred
at the NCPA Foundation’s Award Ceremony during
the 2007 annual convention. The ceremony was attended
by peers, friends and family, pharmacists, and deans and
faculty from 104 pharmacy schools. A reception followed
in honor of all the award recipients.
This is the fourth year the competition has been held,
drawing entries from 32 schools and colleges of pharmacy
— nearly one-third of all U.S. pharmacy schools. The University
at Buffalo finished in second place two years ago.
“It is encouraging to see so many pharmacy students with
an interest in exploring the myriad of entrepreneurial opportunities
in pharmacy through the competition and the
faculty who have demonstrated the kind of leadership that
have helped prepare tomorrow’s pharmacy entrepreneurs
for a successful future,” says Sharlea Leatherwood, PD, the
new NCPA Foundation President.
5Benjamin Smith of South University, 2007 recipient of the Willard
B. Simmons Memorial Scholarship, with Sharlea Leatherwood, NCPA
Foundation Trustee.
NCPA Foundation Annual Report 2007