fbpx
Edit Content

PepsiCo Greenhouse Accelerator For Entrepreneurs In The Food And Beverage Sector

PepsiCo Greenhouse Accelerator

PepsiCo is now receiving applications from entrepreneurs to apply for the PepsiCo Greenhouse Accelerator program. This is a collaborative mentor-led program designed to encourage open innovation with entrepreneurs in the food and beverage sector.

If you run a business relating to health, wellness, food and beverage, this is for you.

See Also: One Young World/Norvatis Lead 2030 Challenge For SDG15 (US$50,000 Grant)

Start Your Business in 30 Days Even If You Don't Have An Idea
Start Your Business in 30 Days Even If You Don’t Have An Idea

About PepsiCo Greenhouse Accelerator

PepsiCo is a collaborative mentor-led program designed to nurture the growth of emerging purpose-driven health and wellness companies in the food and beverage sector.

Altogether, ten companies will be chosen and will receive a $20,000 grant as well as entry into the 6-month incubator program. Along with the funding, the selected entrepreneurs will benefit from the assistance of PepsiCo experts in areas such as; brand optimization, product development, supply chain management, customer acquisition, and distribution. The program will also address critical early-stage business issues like business planning, corporate structuring, and fundraising.

Then, at the end of the program, one company will be granted an additional $100,000 to support further growth. In accepting the $100,000 grant, the winner will agree to grant PepsiCo exclusive rights for a period of six months to discuss the possibility of an equity investment on mutually agreed terms.

Basically, the PepsiCo Greenhouse Accelerator program is part of PepsiCo’s commitment to encouraging open innovation and to collaborating with the entrepreneurs and innovators that are helping to shape the food and beverage industry.

See Also: Agri-Tech Innovation Program For African Students And Entrepreneurs

Eligibility Criteria

The PepsiCo program is open to food & beverage, ingredient, technology & service entrepreneurs with a market-ready health and wellness product. The product should be a viable proof of concept with in-market results & validation and not be in direct or indirect competition with PepsiCo or any of its products.

Moreso, the program is open to companies and individuals aged 18 or over at the date of entry. However, immediate family members (regardless of where they reside) and/or persons living in the same household, whether or not related, of employees of PepsiCo Inc, its parent, subsidiaries affiliates and advertising and promotion agencies and any third-party companies associated with the program are not eligible to participate.

See Also: Venture For Africa 2021 Cohort For African Young Talents

Timeline

An independent adjudicator will initially assess entries to determine eligibility for the program. Then, a selection committee made up of industry food and investment experts and PepsiCo professionals will evaluate the submission.

  1. Greenhouse Accelerator virtual kick-off and orientation event holds on January 13, 2021.
  2. A virtual mid-term event to share progress updates on or about March 24, 2021
  3. A virtual final program graduation event and final $100,000 grant recipient announcement celebration on or about June 16, 2021.

Also, all participating companies will be required to sign a Greenhouse Accelerator Participation Grant Acceptance Agreement. The $20,000 grant comes with ‘no strings attached’ except that it may not be used to pay debt or bonuses. And, the $100,000 prize also carries similar restrictions.

See Also:  2021 Forbes 30 Under 30 Nomination For Young Leaders Worldwide

The deadline for application for the PepsiCo Greenhouse Accelerator program is December 7, 2020. So, if you own a company in the listed sector, apply with this link; https://greenhouseaccelerator.com/

Let’s create visibility for your brand today and put your business on the world map. Contact us today to make your brand the preferred choice among our audience of entrepreneurs and business leaders.

Go from idea to starting your business in 30 days
Go from idea to starting your business in 30 days

To keep track of our activities, follow us on Instagram.

Share:

Facebook
Twitter
LinkedIn

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Join Entrepreneurs Family

No spam, only business insights and tips. 

Entrepreneurs Sign Up

Business Registration

Most Popular

Join Entrepreneurs Family

No spam, only business insights and tips. 

Entrepreneurs Sign Up

Related Posts

How to close business deals

How To Close Deals And Increase Income For Entrepreneurs

How do you close deals? How do you close your first business deal and grow income year on year? This article explores how entrepreneurs can diversify, create new revenue streams, and close business deals using my own companies as examples. I’ll also share tips for closing deals. Selling More: Diversifying

Startup launch hacks

Startup Launch Hacks To Successfully Start Your Business

Launching a startup can be both exciting and daunting. Effective startup launch strategies are essential for navigating the competitive business space which is why we will be discussing startup launch hacks to help you launch your startup successfully. These strategies can be the difference between success and failure. See Also:

Important Business Skills

Top 5 Important Business Skills for Every Entrepreneur

Nigeria is experiencing a surge in entrepreneurial activities. More people are venturing into business, creating a vibrant and competitive environment. This growth is exciting but also challenging. Entrepreneurs face many obstacles, from financial constraints to market competition. To succeed, entrepreneurs need important business skills. See Also: How to transition from

Scroll to Top

Join Entrepreneurs Family!

Get access to FREE business insights and funding opportunities daily.

Entrepreneurs Sign Up