PepsiCo launches program to support sustainable entrepreneurs

PepsiCo has launched a new program to support F&B entrepreneurs who are developing innovative solutions for sustainability.

In its second Greenhouse Accelerator program in the Asia-Pacific region, PepsiCo is looking to collaborate with and support entrepreneurs who are developing innovative solutions in sustainable agriculture, climate action, and the circular economy.

The PepsiCo Greenhouse Accelerator – APAC Sustainability Edition 2024 will select up to 10 shortlisted applicants to receive US$20,000 in grants and mentoring from PepsiCo’s subject-matter experts, and the winning participant selected to receive funding of US$100,000 will be announced at the end of the program in September 2024.

Wern-Yuen Tan, CEO of PepsiCo, APAC, said they are extremely proud to launch the second edition of the Greenhouse Accelerator program across the Asia-Pacific region. 

“Last year, we initiated seven pilot projects, each contributing to our sustainability goals and demonstrating the power of partnership. APAC is a focal region for agri and food tech innovation, and with new partners joining us, we aim to use our reach to positively influence the food ecosystem.”

Since its inception in 2017, the Greenhouse Accelerator has included over 86 companies, and, to date, the collective revenue of the emerging startups has exceeded USD $20 million.

For the 2024 edition of the program in APAC, PepsiCo has partnered with Suntory PepsiCo Beverage Thailand, Suntory PepsiCo Vietnam Beverage, and Circulate Capital with an aim to address a comprehensive range of environmental challenges and to cultivate a generation of entrepreneurs who can drive positive impact across multiple facets of sustainability.

Ashish Joshi, CEO of Suntory PepsiCo Beverage (Thailand), said Suntory PepsiCo Thailand is proactively addressing environmental challenges through an unwavering commitment to sustainability, innovation, and compliance.

“We are dedicated to optimizing internal processes and reducing greenhouse gas emissions across our entire value chain while collaborating with other stakeholders to achieve a net-zero carbon society. We clearly define priority issues, including achieving water conservation and replenishment, fostering a sustainable packaging management for the circular economy, and greenhouse gas reduction throughout our operation.

“Emphasising the importance of collaboration, we are pleased to participate in this program to build a sustainable society that prioritizes environmental responsibility.”

To apply for the PepsiCo Greenhouse Accelerator 2024 APAC Sustainability Edition, visit the website at or PepsiCo’s LinkedIn

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