PepsiCo is launching an accelerator program [CNN]
PepsiCo, Inc. (PEP)
Last pepsico, inc. earnings: 4/28 06:03 am
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Source: CNN
PepsiCo is launching an accelerator program 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. Daniel Grubbs, managing director of the PepsiCo ( PEP ) Ventures Group, said the accelerator is a way for Pepsi to share its expertise with young companies, as well as to learn from them. "Through this process, we can give back but also ... learn a little bit more about the consumer and the broader landscape," Grubbs said. "That's very beneficial for us." The accelerator is a way for Pepsi to "engage with ent
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News
- PepsiCo, Inc. (NASDAQ: PEP) had its price target raised by analysts at JPMorgan Chase & Co. from $178.00 to $181.00. They now have a "neutral" rating on the stock.MarketBeat
- PepsiCo beats Q1 revenue forecasts as price increases [MoneySense]MoneySense
- PepsiCo (PEP) Q1 Earnings & Sales Beat, International Unit Aids [Yahoo! Finance]Yahoo! Finance
- Compared to Estimates, PepsiCo (PEP) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- PepsiCo Boosted by International Growth as US Sales Drop [Yahoo! Finance]Yahoo! Finance
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