APAC
Sustainability Edition
Empowering packaging sustainability in the Asia Pacific and accelerating climate solutions for a sustainable future
Applications are NOW OPEN until May 1
About APAC Sustainability Edition
Program
Overview
The Greenhouse Accelerator APAC Sustainability Edition is designed to help startups in APAC region markets develop and bring their ideas to market. The accelerator’s 10 selected finalists will come from a variety of markets across the APAC region and bring a diversity of new solutions for packaging sustainability and climate action.
The Priorities
Program
Focus
Our mission is to help build a more sustainable future by supporting startups that are working to reduce the environmental impact of packaging and mitigate the impacts of climate change. We believe that these areas are critical to the health of our planet and that innovative solutions from startups have the potential to make a real difference in the region.
Packaging
Sustainability
We are looking for startups that are working to reduce the environmental impact of packaging in the APAC region, whether that be through developing more sustainable materials, improving recycling processes, finding new ways to reduce packaging waste, or supporting a circular economy.
Climate
Action
We are looking for startups that are working to mitigate the impacts of climate change in the APAC region, whether that be through carbon capture and storage, renewable energy, or other innovative solutions.
APAC Process
How it
Works
SELECTION
For this 7th Greenhouse Accelerator program, PepsiCo is seeking 10 companies from the APAC region that are accelerating environmental sustainability in the food and beverage industry and whose values are consistent with PepsiCo’s Sustainability vision.
GRANTS
Selected companies are guaranteed $20,000 USD in grant funding and will need to pitch their product/solution in person at the live event in Singapore. They will participate in a business optimization program designed to accelerate growth.
Mentorship
The program will feature a one-on-one mentorship program, giving entrepreneurs access to PepsiCo executives and business accelerator experts, whose expertise can help them overcome challenges in product development, supply chain, marketing, distribution, manufacturing, packaging, label claims, fundraising or other elements of their business.
Final Prize
At the end of the program, one winning company will be awarded an additional $100,000 USD in funding to continue its expansion, and an opportunity to continue partnering with PepsiCo to further their growth.
Important
Dates
March 19
2023
Applications
Open
May 1
2023
Applications
Close
June 19
2023
Program Launch Event - Singapore
August
2023
Program Mid-point virtual event
October
2023
Winner Announcement Event - Singapore
Eligibility
Requirements
If you are a startup working in the fields of packaging sustainability or climate action in the APAC region, we encourage you to apply to our accelerator program.
Minimum Requirements
- Pre-revenue to $2M USD in sales in the last financial year
- Have business operations in one of the participating APAC region markets (China, Singapore, Thailand, Australia, Indonesia, Taiwan, New Zealand, Brunei, Cambodia, East Timor, Fiji, Hong Kong, Japan, Korea, Laos, Malaysia, Mongolia, Myanmar, Pacific Islands, Papua New Guinea, Philippines, Vietnam)
- Be willing to work with PepsiCo Greenhouse Accelerator mentors and public relations team throughout the June-October Accelerator program and attend Accelerator events
- Agree to the Terms and Conditions
An external third party will review all submissions. Our selection committee will choose finalists based on the following criteria:
- A clear go-to-market strategy and plan for sustained in-market execution
- Proof of concept and working prototypes ready for review
- 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 and/or packaging sustainability
PepsiCo's
Sustainability Strategy
In 2021, PepsiCo announced a fundamental transformation of what we do and how we do it: from sourcing ingredients and making and selling our products in a more sustainable way, to leveraging our more than one billion connections with consumers each day to drive positive impact at scale, and engage people to make choices that are better for themselves and the planet. We call this pep+ (pep Positive).
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 operates across the food value chain.
PepsiCo’s sustainable packaging strategy is based on three
inter-connected pillars: reduce, recycle, and reinvent. Through each of these pillars, PepsiCo strives to drive change through active partnerships, stakeholder engagement, and by supporting changemakers that are developing sustainable packaging and climate solutions.
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