Tag: Pepsico Foundation

The PepsiCo Foundation to Provide Capital and Coaching to Over 100 Hispanic Small Business Owners to Help Them Thrive During Tough Times

Stuart Mitchell

The PepsiCo Foundation, PepsiCo’s philanthropic arm, is proud to open applications for the 2023 Impacto Hispanic Business Accelerator program today. In partnership with Accion Opportunity Fund, Allies for Community Business, LiftFund, and Prospera, the program aims to bolster Hispanic-owned businesses — specifically food and beverage businesses that are beloved community staples — to address foundational business challenges and support business growth. According to the Bureau of Labor Statistics, nearly 50 percent of businesses fail within the first five years, which is why the PepsiCo Foundation is focused on keeping the…

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The PepsiCo Foundation and Doritos® SOLID BLACK® Invest in 16 Nonprofit Leaders for Black Changemakers Program

Stuart Mitchell

The PepsiCo Foundation and Doritos SOLID BLACK have announced 16 Black nonprofit leaders selected for the 2023 Black Changemakers program, a program developed to uplift Black community leaders and amplify their bold voices to showcase the positive impact they are making. The nonprofit leaders selected for this year’s program represent organizations focused on education, youth development & mentorship, food insecurity, job training, financial literacy, and more. Selected Black Changemakers will each receive a $50,000 grant, leadership development training with Indiana University’s Lilly Family School of Philanthropy, which provides nonprofit professionals…

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National Urban League Launches Black Restaurant Accelerator Program Powered by $10 Million Grant from PepsiCo Foundation

Stuart Mitchell

The National Urban League and PepsiCo joined forces to create the Black Restaurant Accelerator, which will boost approximately 500 Black-owned businesses over the next five years. The PepsiCo Foundation is providing a $10 million grant to fund the program, which will provide current and aspiring Black restaurateurs with access to capital, training, mentorship and other support services that are necessary for business success. Black entrepreneurs have long faced systemic barriers to growth, including access to loans and capital, biased community perceptions and gentrification challenges. These hurdles have been compounded by…

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The PepsiCo Foundation Announces Grants to Charities in New Bern, North Carolina, the “Birthplace” of Pepsi-Cola

Stuart Mitchell

The PepsiCo Foundation, the philanthropic arm of one of the world’s leading food and beverage companies, and Minges Bottling Group, Inc., announced two grants that will support charities based in New Bern, N.C. – the birthplace of Pepsi-Cola. The Foundation will give $25,000 donations to both the Food Bank of Central & Eastern North Carolina‘s 2018 Stop Summer Hunger Program and the Craven County Disaster Recovery Alliance to help support the communities affected by the recent storms. The funding is being announced in conjunction with PepsiCo’s Annual Meeting of Shareholders, taking place today in New…

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The PepsiCo Foundation Commits $1 Million and 350,000 Meals to Support Hurricane Florence Relief

Stuart Mitchell

The PepsiCo Foundation, the philanthropic arm of one of the world’s leading food and beverage companies, is giving two $500,000 grants to the American Red Cross and The Salvation Army, respectively, to provide vital relief resources. Recognizing the need for sustained support, The Foundation’s signature nutrition operation Food for Good will provide at least 350,000 nutritious meals to families in affected areas. With deep roots in the area and more than 16,000 direct employees throughout South Carolina, North Carolina, Georgia, Tennessee and Virginia, PepsiCo is prepared to help local authorities…

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