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Selected on their ability to offer ingredients, products or services that encourage a healthy lifestyle and enable health management and wellness on a global scale.
PepsiCo recently announced the 10 finalists from around the world that join its fifth annual Greenhouse Accelerator, a mentor-guided programme supporting the acceleration of the latest innovators that seek to transform the ways consumers eat, drink and live their lives. This year’s Greenhouse Accelerator program looks outside the box in areas like emerging science and technology that can help PepsiCo stay close to evolving consumer tastes and preferences. Each of the participating companies will receive $20,000 in grant funding and begin a six-month business program designed to accelerate their growth through personalized mentorship.
“We’re excited to evolve our Greenhouse Accelerator program to new areas including cutting-edge science and technology,” said Daniel Grubbs, Managing Director, PepsiCo Ventures Group. “We have a lot to learn from this group and look forward to collaborating closely with these 10 innovators who are changing the game through personalization, emerging technologies, and unique services and ingredients.”
The 10 innovators will receive personalised mentorship from experts at PepsiCo across functions including Research and Development, Supply Chain and Design. Mentors will collaborate with the companies to solve a range of business challenges, including business model development, scaling technology and go-to-market strategy. In June, one company will be awarded an additional $100,000 in funding to continue its growth.
Antonio Tataranni, SVP, R&D and Chief Medical Officer, PepsiCo., said, “Our Research and Development team continues to look for emerging and disruptive solutions that address consumer needs, such as creative innovations in personalized nutrition, functional foods and supplements, and new technologies that enable vitality.”
The finalists were selected by a committee of leaders within PepsiCo based on their ability to offer ingredients, products or services that encourage a healthy lifestyle and enable health management and wellness on a global scale.