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.