As one of the world’s most respected food and beverage companies, PepsiCo aims to use their reach and influence to help change the way society makes, uses, and disposes of packaging. The three-year program will eventually identify solutions for Agriculture & Water Management that will help PepsiCo achieve Net-Zero emissions by 2040 and become Net Water Positive by 2030 in line with PEP+ targets. The PepsiCo Greenhouse Accelerator: MENA Sustainability Edition will identify and support emerging and disruptive technologies and services focused on reducing, recycling, and reinventing packaging materials. Innovation concepts could be new products, technologies, or services that help to reduce, recycle, or reinvent packaging.
WORTH
During the 6-month program, selected innovators will be paired with a PepsiCo mentorship team and receive an initial $20,000 USD grant to work on a new business initiative focused on reducing, recycling, and reinventing the packaging supply chain. Participants of the PepsiCo Greenhouse Accelerator: MENA Sustainability Edition program will have access to subject matter experts, resources, and a curriculum of business courses. PepsiCo experts will provide insights on research and development as well as perspectives on business models, product development, regulatory practices, market activation, and other areas. At the program’s closing event in July 2022, a panel of judges will award one participating company with a $100,000 USD prize to help advance and scale their innovation.
ELIGIBILITY
- Have generated between $250,000 to $5 million in sales in the last financial year OR have a validated protype for use in the market within the next 6 months.
- Be a licensed business in one of the participating MENA region countries (Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Tunisia, United Arab Emirates UAE).
- Be willing to work with PepsiCo Greenhouse Accelerator mentors and public relations team throughout six-month Accelerator program and attend Accelerator events.
DEADLINE: Unspecified
To apply and for more information visit here
