Pathways to Pharmacy Ownership
Pathways to Pharmacy Ownership, a new initiative in partnership with the Minority Pharmacist Entrepreneur Conference (MPECrx), officially launched this January 2022. Ten pharmacists passionate about pharmacy ownership were selected by the MPECrx planning committee to participate in the first cohort.
This year-long, application-based program supports and encourages independent pharmacy ownership among minority pharmacists, by providing:
Access to pharmacy owner-mentors
A series of webinars and activities focused on essential business principles
Scholarships to attend NCPA’s Ownership Workshop
Business plan reviews
Ownership Fundamentals Webinar Series
Webinar topics to include, but are not limited to:
- Personal Finance for the Entrepreneur
- Opening and Buying a Pharmacy Timeline
- How to Write a Business Plan
- Future of the Front-End
- Best Practices – Owner Panel
NCPA Pharmacy Ownership Workshop
Pathways pharmacists will be awarded scholarships to attend the fall Ownership Workshop. More information can be found on the Ownership Workshop page. Travel expenses and lodging will be the responsibility of the pharmacist.
Business Plan Review
Pathways pharmacists will have the opportunity to have their business plans reviewed by industry experts before submitting to their financial institutions for consideration.
NCPA was proud to support the 2nd Annual Minority Pharmacist Entrepreneur Conference held virtually, Sept. 17-18, 2021. At the conference, NCPA and MPECrx announced the launch of Pathways to Pharmacy Ownership and NCPA presented Dr. Leonard Edloe, with the 2021 MPECrx Legacy Award. Edloe is a former pharmacy owner, and is currently a pastor, pharmacy consultant, and president-elect of the Virginia Pharmacists Association. With more than 40 years of pharmacy experience, Edloe continues to influence the profession through his advocacy efforts, community involvement, and investment in the next generation of pharmacists.
If you have any questions or are interested in becoming a Pathways owner-mentor, please email Shantel Houston, Associate Director of Education and Committee Structure for NCPA.