Call for Candidates: PepsiCo is offering 6 months of mentoring as well as $20,000 to start-up food & beverage companies
PepsiCo Nutrition Greenhouse has launched in North America. Any start-up food & beverage companies with $5MM or less in annual sales have the opportunity to apply for this deep-dive mentoring program.
The deadline to apply is October 12th. Full details are available at www.nutritiongreenhouse.com/north-america. It is open to businesses in the US and Canada. The top 10 will each receive 6 months of mentoring as well as $20,000. At the end of 6 months, a winner will be chosen and that entity will receive $100k plus additional opportunities to partner with PepsiCo.
The program is open to companies and individuals aged 18 or over at the date of entry. Immediate family members (regardless of where they reside) and/or persons living in the same household, whether or not related, of employees of PepsiCo, Inc, its parent, subsidiaries, affiliates, and advertising and promotion agencies and any third party companies associated with the program are not eligible to participate.
An independent adjudicator will initially assess entries to determine eligibility for the program and then a selection committee made up of industry food and investment experts and PepsiCo professionals will evaluate submission based on the following:
- Product and brand qualities: based on nutrient profile, potential health claims, natural or organic sourcing, clean label and other factors that appeal to consumers, as well as the obvious qualities of taste, brand presentation and value for price.
- A clear focus on consumer health: includes human performance, condition- specific functionality and healthy lifestyles and life stages.
- Scalable business model.
- Uniqueness in the market.
HOW TO APPLY
Please complete the form on the next page to apply to the program. Applications will be accepted until October 12, 2018 and program participants will be announced on or around November 13, 2018. By submitting an application you agree to to be bound by the PepsiCo Nutrition Greenhouse Terms and Conditions available here. For questions or help with this application, contact firstname.lastname@example.org.
For More Information: Visit the Official Webpage of the PepsiCo Nutrition Greenhouse Incubator Program 2018