PepsiCo announced an accelerator program to support food and beverage startups.
Called Nutrition Greenhouse, the six-month North American program from PepsiCo provides ten startups $20,000 each along with a mentor from the beverage corporation. A winner gets awarded an additional $100,000 upon completion of the program. Through the program, PepsiCo aims to offer guidance and advice to neophytes on product development, fundraising, supply chain management and other aspects of business in the industry.