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PepsiCo, the worldwide chief in beverage and handy meals, pronounces the extension of its deadline for functions to its earlier introduced Greenhouse Accelerator (GHAC) program within the Asia Pacific area (APAC) to 22 March 2024. With just one week left to the deadline, startups throughout APAC can seize this chance to collaborate, obtain enterprise progress, and drive optimistic change towards environmental sustainability.
Launched on January twenty fifth of this yr, the pilot-oriented program is devoted to fostering the development of APAC startups specialising in sustainable agriculture, round economic system, and local weather motion. Dubbed the Greenhouse Accelerator, this initiative affords finalists unique alternatives, together with personalised mentorship from PepsiCo together with entry to the company’s intensive networks and assets. Via this program, members can count on tailor-made steering and assist as they navigate the challenges and alternatives inherent in these essential sectors, aiming to catalyse innovation and drive optimistic environmental affect.
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As a part of this system, PepsiCo will choose as much as ten candidates in APAC, together with China. These finalists will every obtain a US$20,000 grant and acquire entry to PepsiCo’s networks, assets, and experience. Finalists may have the chance to pitch their concepts and obtain steering to scale and develop them to fruition. The chosen startups may even obtain personalised mentorship to assist enhance numerous facets of their enterprise, together with product improvement, provide chain, advertising and marketing, and extra. Moreover, potential pilot and partnership alternatives with PepsiCo and its companions may be unlocked within the course of.
The successful startup will probably be introduced throughout an occasion in Bangkok in September 2024 and will probably be awarded US$100,000.
Spotlighting sustainability in addressing environmental challenges
Amidst escalating environmental challenges within the Asia-Pacific, the crucial for collective motion underscores the area’s sustainability pursuits. PepsiCo’s APAC Greenhouse Accelerator program, now advancing into its second yr exemplifies this collaborative spirit. This pilot-oriented, mentorship-based initiative helps progressive startups addressing the round economic system, sustainable agriculture, and local weather motion.
Since its inception in 2017, the Greenhouse Accelerator has included over 86 corporations throughout the Center East and North Africa, Europe and Sub-Saharan Africa, the USA, and APAC. So far, the collective income of the rising startups has exceeded US$20 million. Final yr, this system acquired over 100 functions throughout the APAC area, with Powered Carbon delivering the successful answer. Powered Carbon’s low carbon fertiliser answer which makes use of CO2 to domesticate micro organism, has since been examined on potatoes in PepsiCo China’s Guangdong Farm. Different notable finalists from final yr embrace MEDS Enterprise (Singapore), Green2Get (Thailand), and Adiona (Australia).
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For the second version of its program, PepsiCo has partnered with Suntory PepsiCo Beverage Thailand, Suntory PepsiCo Vietnam Beverage, the Nationwide Innovation Company of Thailand, and Flow into Capital. This collaboration will drive options for a complete vary of environmental challenges whereas cultivating a sustainability-minded era of entrepreneurs.
Aligned with PepsiCo’s pep+ (PepsiCo Optimistic) technique to create a sustainable meals system, the Greenhouse Accelerator program goals to make a optimistic contribution to society by creating a series of reactions that create a sustainable atmosphere for everybody.
To make a distinction within the atmosphere and empower a greener future, apply in the present day for PepsiCo’s Greenhouse Accelerator program – APAC Version. For inquiries and software particulars, please go to the official program web site at: http://bit.ly/ghac2024.
About PepsiCo
PepsiCo merchandise are loved by shoppers a couple of billion occasions a day in additional than 200 nations and territories world wide. PepsiCo generated greater than $86 billion in web income in 2022, pushed by a complementary beverage and handy meals portfolio that features Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo’s product portfolio consists of a variety of fulfilling meals and drinks, together with many iconic manufacturers that generate greater than $1 billion every in estimated annual retail gross sales.
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Guiding PepsiCo is our imaginative and prescient to Be the World Chief in Drinks and Handy Meals by Profitable with pep+ (PepsiCo Optimistic). pep+ is our strategic end-to-end transformation that places sustainability and human capital on the centre of how we’ll create worth and progress by working inside planetary boundaries and galvanizing optimistic change for the planet and folks. For extra info, go to www.pepsico.com, and observe on Twitter, Instagram, Fb, and LinkedIn @PepsiCo.
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This text is produced by the e27 group, sponsored by PepsiCo
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