Home » News » PepsiCo Launches “Greenhouse Accelerator: Together We Grow Edition” Program for Hispanic-Owned Startups with $100,000 Grant Opportunity

PepsiCo Launches “Greenhouse Accelerator: Together We Grow Edition” Program for Hispanic-Owned Startups with $100,000 Grant Opportunity

PepsiCo, Inc. announced the return of “Greenhouse Accelerator: Together We Grow Edition”, a collaborative program that provides financing and brings together innovative startups with PepsiCo experts to help them grow their businesses.

For the second consecutive year, this edition of the “Greenhouse Accelerator” will focus on Help high-potential startups in the consumer packaged goods food and beverage spaceHispanic-owned that demonstrate their commitment to transforming the snack and beverage industry that is better for people and the planet.

According to the United States Hispanic Chamber of Commerce (USHCC), Latin companies generate $800,000 million annually for the United States economy. However, they have the potential to generate much more if they are given greater access to resources critical to their businesses.

Programs like the Greenhouse Accelerator are providing companies with the training and access to capital needed to continue strengthening the U.S. economy.

Starting today, food and beverage companies dedicated to the creation or sale of consumer goods on a national scale can submit their applications for the “Greenhouse Accelerator: Together We Grow Edition” program. This initiative is part of the transformative agenda of pep+ (PepsiCo Positive), which aims to promote a more circular and inclusive value chain. To apply, log in here, before May 6.

PepsiCo will choose eight promising companies from the pool of applicants for receive a $20,000 grant and join the five-month mentorship program to address your specific business challenges, including brand development, business model development, product optimization, technology. and market introduction strategy.

Throughout the year, finalists will present plans to address their business’s individual obstacles, progress and tangible results to an expert evaluation committee. In November, the committee will award a grand prize of a $100,000 grant to the most promising company to continue its expansion along with the possibility of working with PepsiCo and Juntos Crecemos.

“The resulting success of programs like this shows the poder of the Hispanic businessman in the United States“said Antonio Escalona, ​​senior vice president and general manager of the Hispanic Business Unit of PepsiCo Foods North America.

“Embracing the spirit of innovation, our commitment at PepsiCo is to meet the dynamic demands of today’s ever-evolving consumers. We look forward to providing these new Hispanic-owned businesses with the resources necessary to shape the future of food and beverage with creativity, ingenuity and tireless dedication,” Escalona added.

Keep reading:
· PepsiCo offers 5 tips to Hispanic small business owners to achieve success using digitalization
· Pepsico allocates $50 million to support Hispanic restaurants in the US.
· Pepsico confirms the purchase of 100 electric trucks from Tesla

2024-03-07 14:29:01
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