PepsiCo, a global leader in convenient foods and beverages, announced the return of its Greenhouse Accelerator (GHAC) program in the Asia Pacific (APAC) region for the third consecutive year.
The GHAC is a pilot-oriented, mentorship-based program in the region dedicated to fostering sustainable innovation in agriculture, circular economy and greenhouse gas emissions reduction, supporting startups by providing expert business advisory and collaboration opportunities with PepsiCo.
“PepsiCo’s Greenhouse Accelerator Program is dedicated to empowering startups with the tools, resources and mentorship required to drive meaningful change and scale innovations across our food systems. Over the past two years, the program has successfully launched 15 startup pilots across APAC with PepsiCo and partners, and engaged with 95 venture capital firms and institutions, reinforcing our focus on fostering a robust sustainability ecosystem,” said Ashley Brown, vice president for supply chain ANZ and chief sustainability officer at PepsiCo APAC.
GHAC will award $20,000 grants to each of the 10 finalists, with an additional $100,000 to the winning startup.