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.
