PepsiCo Greenhouse Accelerator: APAC Sustainability Edition

The PepsiCo Greenhouse Accelerator is a pilot oriented, mentor-based program, pairing innovative startups with PepsiCo executives, to support and invest in startups and entrepreneurs in the APAC region working on breakthrough circular economy, precision agriculture, and sustainable climate action innovations.

As part of the program, 10 selected innovators will receive: 

• Hands-on 4-month mentorship in areas of each startup’s need. 
• Access and exposure to PepsiCo’s resources, industry experts, VCs, and investors. 
• An initial $20,000 USD grant. 
• The unlocking of potential pilot and partnership opportunities. 

Eligibility Overview

Organisations who have business operations in one of the following APAC regions (China, Singapore, Thailand, Australia, Indonesia, New Zealand, Brunei, Cambodia, East Timor, Fiji, Japan, Korea, Laos, Malaysia, Mongolia, Myanmar, Pacific Islands, Papua New Guinea, Philippines, Vietnam) must: 

• Be willing to work with PepsiCo Greenhouse Accelerator mentors throughout the May to September Accelerator program and attend Accelerator events. 
• Be pre-revenue up to $7M USD in sales in the last financial year. 

Key Dates 

Applications close Monday 18 March 2024. Finalists will be invited to present their innovative ideas at an event in Thailand on May 8-9, 2024, with mentorship and learning modules running from May- September 2024. 

Funding Overview

Grant funding of $20,000 USD is guaranteed for each finalistsed. The winner will be awarded an additional $100,000 USD.  

Assessment Criteria

Applications will be assessed against the following criteria by an external third-party review:. Finalists will be assessed on the following criteria: 

• A clear go-to-market strategy and plan for sustained in-market execution. 
• Post-prototype, ready for pilot with a multinational corporation or company  
• Uniqueness in the market 
• Balanced gender and ethnic diversity 
• Clear & active social responsibility mission 
• Aligned with PepsiCo’s Pep+ Sustainability Strategy 
• Scalable business model (APAC and global) 
• Disruptive, breakthrough, purpose-driven solution or innovation focused on climate solutions, circular economy, sustainable agriculture and/or agrotech technology. 

Application Process

Applications for the 2024 PepsiCo Greenhouse Accelerator program are open now, and applicantstions can apply through the Greenhouse Collaborative Accelerator website. PepsiCo mentors will be assigned to every startup within 4 weeks of the program closing, and applicants are expected to attend three program events in May, July, and September 2024.   

Further Information and Support

For comprehensive details, eligibility requisites, and guidance on the grant application process, we invite prospective applicants to get in touch with our experienced Gild R&D Incentives & Grants team here.