PepsiCo Is Launching an Accelerator Program

by Danielle Wiener-Bronner
Sep 7, 2018 3:30 PM ET

Originally published on CNNMoney

PepsiCo will fund startups to learn how they do business and stay on top of the hottest food trends.

The company announced on Thursday that it is launching a North American accelerator program to help food and beverage startups grow.

The six-month program, Nutrition Greenhouse, gives ten startups $20,000 each and matches them with a mentor from Pepsi. The mentors will offer guidance on strategy, fundraising, product development, supply chain management and more.

At the end of the program, a winner will receive an additional $100,000.

Read the full article on CNNMoney.