$15,000 Awarded by the SEF
St. Simons Island, Georgia – February 1, 2012 – Elisha Adkins, an Oregon State University College of Veterinary Medicine Student, has received the prestigious Simmons Educational Fund (SEF) National Business Aptitude Award. The award is given to senior students to bring attention to the importance of business education in veterinary practice. Adkins was presented with the award—which consisted of $15,000 and an all-expense paid trip to the North American Veterinary Conference (NAVC)— at the Veterinary Business Management Association’s (VBMA) national meeting.
Adkins was selected from among 15 national candidates based upon her resume and her exceptional response to the SEF Business Case Study. Adkins is in her last year at the College of Veterinary Medicine at Oregon State University. She is focusing her studies and future practice in mixed animal medicine and bovine medicine.
“Through the SEF award process, I learned a lot about how to make a business decision,” Adkins said. “The term “net present value” was not in my lexicon before this project; that is certain! The key concepts I learned during this project – things like cash flow and the time value of money – are going to be invaluable to me as a business owner. I only wish that more young practitioners had an opportunity to learn these concepts now so that they could apply them in their own business lives.
“The financial impact of the SEF award is indescribable. This award will allow me to pay off my student debt within a single year of graduating, literally jump starting me on my path toward becoming a practice owner,” Adkins added.
Adkins hopes to join a mixed-animal practice with opportunities to work in feedlot medicine. “I think I can add value as a new practitioner in many rural areas by utilizing my bilingual Spanish skills and focusing on worker education to better production. I want to continue learning more about business, and I hope to become an integral part of the decision making team at the clinic where I practice. Eventually I would like to become a partner or clinic owner in a small town,” said Adkins.
“Elisha clearly demonstrated how to effectively integrate business education into veterinary practice. That is what SEF student award is all about. She is a very deserving winner,” said David King, DVM, a Simmons professional and SEF trustee.
About the SEF Business Aptitude Award:
- Each year, third-year veterinary students are eligible to participate for the regional award
- Regional winners are chosen for the $3,000 award
- The SEF regional winners then go on to the SEF national competition for a chance to win $15,000
- The award program is promoted by each Simmons & Associates’ region
- The SEF has awarded over $600,000 to veterinary students
The SEF is a non-profit corporation founded in 2002 by Simmons & Associates. It was created to educate practitioners and students about the business of veterinary medicine. Since it’s founding, the SEF has reached thousands of veterinarians through its newsletters and sponsorship of speaking engagements, CE meetings, and veterinary organizations such as NCVEI, VBMA, VLE, and others with similar goals. Additional information about the SEF can be found at www.simmonsedfund.org or by calling 800.846.0062.
About Simmons & Associates
Simmons specializes exclusively in veterinary practice sales, valuations, and negotiations. For over 33 years, Simmons has been a trusted business advisor and broker to thousands of veterinarians buying and selling practices. Veterinarians can learn more about buying or selling a practice at www.simmonsinc.comor by calling 800.333.1984.