PepsiCo will fund startups to learn how they do business and stay on top of the hottest food trends.
The company announced on Thursday that it is launching a North American accelerator program to help food and beverage startups grow.
The six-month program, Nutrition Greenhouse, gives ten startups $20,000 each and matches them with a mentor from Pepsi. The mentors will offer guidance on strategy, fundraising, product development, supply chain management and more.
At the end of the program, a winner will receive an additional $100,000.
PURCHASE, N.Y., September 6, 2018 /3BL Media/ - PepsiCo announced today the launch of its Nutrition Greenhouse accelerator program in North America, an innovation initiative designed to discover and support emerging brands in the food and beverage sector. The North American program follows the launch of PepsiCo's Nutrition Greenhouse in Europe, now in its second year. In 2017, eight start-ups in the European program delivered an estimated combined sales growth of over €10 million – a fourfold increase throughout the duration of the 6-month program.
As CEO of a global company, I do a lot of traveling. Every time I go abroad, I meet new people, absorb different cultures, and gaze in awe at the beauty of our extraordinary planet.
But in too many places, I also see something else: an alarming amount of waste by the side of the road, piling up in our cities and polluting our oceans. It’s deeply troubling, all the more so because it’s altogether preventable. Something has to change, and we can start here at home.
PURCHASE, N.Y., July 31, 2018 /3BL Media/ - The PepsiCo Foundation, the philanthropic arm of one of the world's leading food and beverage companies, and national nonprofit The Recycling Partnership today announced the launch of "All In On Recycling," the largest ever industry-wide residential recycling challenge to make recycling easier for 25 million families across the country – providing them with the resources they need to recycle more and recycle better.
By Silvia Cruz-Vargas, Sr. Manager, Global Citizenship & Sustainability at PepsiCo
Perhaps it goes without saying: no resource is more vital to humanity than water. And yet, 844 million people—one in ten worldwide—do not have access to #cleanwater. And demand for water is on the rise. The facts speak for themselves:
PURCHASE, N.Y., July 11, 2018 /3BL Media/ - In its latest Sustainability Report, released today, PepsiCo reported important progress in 2017 against each of the company's three focus areas – Products, Planet, and People – while also returning $6.5 billion in cash to shareholders during the same period.