New PepsiCo accelerator program is seeking 10 sustainably-minded start-ups based in the U.S. or Canada for its first incubator class. Selected start-ups will participate in a six-month business optimization program and will be granted $20,000 – Apply by Oct. 12
PepsiCo launched its Nutrition Greenhouse accelerator program in North America, according to a press release. The program began in Europe in 2017, where companies generated an estimated combined sales growth of over 10 million pounds.
The snack and beverage maker is seeking 10 sustainably-minded start-ups based in the U.S. or Canada for its first incubator class. Selected start-ups will participate in a six-month business optimization program and will be granted $20,000. At the end of the program, one start-up will be awarded an additional $100,000 in funding to continue its expansion, and an opportunity to continue partnering with PepsiCo to further its growth. The initiative also includes mentorship with experts brands like Quaker, Naked, KeVita, Stacy’s, Red Rock Deli and Off the Eaten Path.
Interested brands who do not make more than $5 million are invited to can apply online by Oct. 12, 2018.
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