PepsiCo selects 10 Hispanic-owned startups for its accelerator program

BACK TO ALL NEWS

PepsiCo selects 10 Hispanic-owned startups for its accelerator program

10 Jul 2023

add new author

Evan Bail

Evan Bail is a is a multimedia journalist from Overland Park, KS. Her passion for writing and media was developed at a young age through film and literature. She graduated from the University of Kansas with a Bachelor of Science in Journalism. In her free time, you can find her playing tennis, spending time with her family or walking her dog at the dog park.

PURCHASE, NY — PepsiCo, Inc. has selected 10 Hispanic-owned businesses to join its Greenhouse Accelerator Program: Juntos Crecemos (Together We Grow) Edition. This is the first time the program has focused on supporting emerging Hispanic businesses that provide products, services and technology solutions in the food and beverage industry.

The companies will participate in a six-month mentoring program and receive a $20,000 grant to accelerate business growth and transform product offerings. At the end of the program, one finalist will receive $100,000 to further advance its business.

The group represents a diverse range of emerging businesses, with finalists in the categories of consumer-packaged goods, beverages, market analytics and technology, sustainable packaging solutions, and environmental impact and waste reduction.

The 10 Hispanic-owned businesses chosen for this year’s cohort include:

These early-stage businesses were picked through a selection process that evaluates potential innovative packaged goods and transformative solutions to improve consumer experience, sustainability and efficiency across the food and beverage industry.

Finalists were announced at the launch event in Plano, TX, with PepsiCo executives and experts from research and development, supply chain and design in attendance. During the event, the entrepreneurs presented an overview of their company and were paired with a PepsiCo mentorship team.

“We’re excited to continue helping to fuel the growth of these Hispanic small businesses, not only through financial support, but also by providing them access to top-of-the-line mentorship and business resources,” said Esperanza Teasdale, VP and general manager of Hispanic Business Unit, PepsiCo Beverages North America. “Through the Greenhouse Accelerator Program: Juntos Crecemos Edition, we’re committed to helping even more businesses grow faster and sustain their long-term performance.”

The Greenhouse Accelerator program was launched in Europe in 2016 and expanded to North America in 2018. The program supports innovators and entrepreneurs that appeal to consumer needs, this includes sustainability and nutrition solutions.

Advertisement

BACK TO ALL NEWS