PepsiCo launches 2nd APAC Greenhouse Accelerator

PEPSICO announces the launch of the second Greenhouse Accelerator program in Asia Pacific (APAC) region. Following the success of last year’s program, PepsiCo is looking to make an even greater impact on the food and beverage sector by collaborating with and supporting entrepreneurs who are developing innovative solutions in sustainable agriculture, climate action and the circular economy.

The Greenhouse Accelerator APAC Sustainability Edition is an initiative to partner with innovative entrepreneurs in the region to advance the company’s goal to be net-zero by 2040. As part of the program, PepsiCo will select up to 10 applicants to receive $20,000 in grants as well as mentoring from subject matter experts from PepsiCo’s executive bench and broader leadership team.

Application for 2024 is now open, and APAC start-ups with solutions in the sustainable packaging, climate action and sustainable agriculture spaces are eligible to apply.

Since its inception in 2017, the Greenhouse Accelerator program has included over 86 companies across the Middle East and North Africa, Europe and Sub-Saharan Africa, United States and APAC. To date, the collective revenue of the emerging start-ups has exceeded $20 million.

Last year, the program has received over 100 applications across the APAC region with Powered Carbon delivering the winning solution. Powered Carbon’s low carbon fertilizer solution, which uses green electricity to cultivate bacteria, has since been piloted on PepsiCo’s potatoes in Guangdong, China.

To apply for the PepsiCo Greenhouse Accelerator 2024 APAC Sustainability Edition, visit PepsiCo’s website at greenhouseaccelerator. com/apac/ or LinkedIn at linkedin. com/company/pepsico.