Greenhouse Accelerator to empower Hispanic-owned Startups and Entrepreneurs
The Greenhouse Accelerator Program Juntos Crecemos Edition is a five-month, mentor-guided program to support the acceleration of emerging Hispanic food and beverages innovations that are transforming the way consumers live their lives. Donor Name: PepsiCo State: All States County: All Counties Type of Grant: Program Deadline: 05/06/2024 Size of the Grant: $10,000 to $100,000 Grant Duration: Grant Duration Not Mentioned Details: This edition is an extension of the initial Greenhouse Accelerator program launched in 2018, in collaboration with PepsiCo Juntos Crecemos, part of PepsiCo’s Pep+ transformation agenda, designed to provide short and long-term support to Hispanic small businesses. The mission is to identify up to 8 high-potential emerging Hispanic-owned food and beverage consumer packaged goods small businesses. Driving growth for Hispanic founders in the food and beverage industry with operating businesses in the U.S. Program Benefits What the Greenhouse Accelerator can offer you: Grants Guaranteed $20,000 USD grant for each finalist. Winner awarded an additional $100,000 USD Guidance Expert guidance and learning modules across all aspects of business development Network Access and exposure to PepsiCo network and resources, industry experts, VCs and investors Collaboration Unlocking of potential collaboration opportunities with PepsiCo Mentorship Hands-on mentorship and support for refining business models, fortifying strategies, and enhancing impact Growth Accelerated pathways to launch, scale, and grow your breakthrough innovations. Eligibility Requirements Net-revenue between $100,000 to $2,000,000 USD in the last financial year Be a Hispanic-owned business licensed and operating in the United States Be willing to work with PepsiCo Greenhouse Accelerator mentors and public relations team throughout six-month Accelerator program and attend Accelerator events. An external third party will review all submissions. The selection committee will choose finalists based on the following criteria: A clear go-to-market strategy and plan for sustained in-market execution Post-prototype, ready for review with a multinational corporation or company Uniqueness in the market Balanced gender and ethnic diversity Clear & active social responsibility mission aligned with PepsiCo’s Juntos Crecemos Strategy Aligned with PepsiCo’s PepsiCo Positive Strategy Scalable business model. For more information, visit PepsiCo.
Award Range
$10,000 - $100,000
Total Program Funding
Not specified
Number of Awards
Not specified
Matching Requirement
No
Eligible Applicants
Geographic Eligibility
All
Application Opens
May 3, 2024
Application Closes
May 6, 2024
Grantor
PepsiCo
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