PepsiCo has announced the return of its Greenhouse Accelerator (GHAC) program in the Asia Pacific (APAC) region for the third consecutive year.
The GHAC is a pilot-oriented, mentorship-based program in the region. It’s dedicated to fostering sustainable innovation in agriculture, circular economy and greenhouse gas emissions reduction, supporting startups by providing expert business advisory and collaboration opportunities with PepsiCo.
GHAC reinforces PepsiCo’s commitment to finding solutions that contribute to progress in circular economy, sustainable agriculture, and climate action. With 15 pilots initiated in seven markets including ANZ through the 2023 and 2024 cohorts, the program focuses on supporting early-stage startups developing innovations aimed at reducing environmental impact, advancing renewable energy, and promoting sustainable farming practices.
“PepsiCo’s GHAC program is dedicated to empowering startups with the tools, resources and mentorship required to drive meaningful change and scale innovations across our food systems,” says PepsiCo APAC VP Supply Chain ANZ and Chief Sustainability Officer Ashley Brown.
“Over the past two years, the program has successfully launched 15 startup pilots across APAC with PepsiCo and partners, and engaged with 95 venture capital firms and institutions, reinforcing our focus on fostering a robust sustainability ecosystem.”
The 10 finalists will be awarded US$20,000 in grants, with an additional US$100,000 granted to the winning startup. Finalists will also receive wrap-around mentorship from PepsiCo executives and business accelerator experts to help overcome challenges and catalyse growth.