PepsiCo announced that SmartWTI and Smart Green, start-ups from Jordan, have been chosen to participate in the second cohort of its Greenhouse Accelerator Program: MENA Sustainability Edition, focused on sustainable agriculture. Following a rigorous multi-stage selection process, this year’s cohort brought forward innovative ideas across five key criteria: alignment to PepsiCo’s sustainability strategy – PepsiCo Positive (pep+) – strategic synergy with PepsiCo, scalability, relevance to MENA, and breakthrough potential.
PepsiCo’s Greenhouse Accelerator Program intends to unlock innovative and disruptive agricultural solutions in partnership with purpose-driven start-ups from the region that share PepsiCo’s vision for a more sustainable agriculture and water management system.
The six shortlisted companies, SmartWTI, Smart Green, Dooda Solutions, NoorNation, RoboCare and YY ReGen, were selected from over 180 applications across 18 countries. Each of the companies brings a unique level of expertise and innovative solution to the table from all aspects of the agriculture value chain from water preservation to soil cultivation.
SmartWTI, an IoT/AI solutions provider from Jordan, specializes in designing and manufacturing water management solutions to enable the Internet of Things (IoT). Smart Green, another Jordanian start-up, provides Agri-tech solutions to agribusinesses for Digital Transformation from traditional agriculture to modern agriculture. These startups have the potential to disrupt the sustainable agriculture industry and make a positive, lasting impact on society.
Each will receive an initial grant of $20,000 to support their business and help scale up their innovation, along with guided mentorship from regional subject matter professionals, as well as PepsiCo and Food Tech Valley experts. At the end of the six-month program, one winning company will be awarded an additional $100,000 in funding to continue its expansion and have an opportunity to extend its collaboration with PepsiCo to further expedite its growth.
Aamer Sheikh, CEO, Middle East – PepsiCo said, “We are delighted to continue our search for pioneering solutions that help us strengthen the resilience of our food system. This year, we have embarked on a search for transformative direct farming innovations that increase agricultural productivity while conserving our precious natural resources for the next generations. I was impressed with the caliber of the participants in the second cohort, and I am confident that together, we can blaze new trails in sustainable agriculture.”
Amina Mari, CEO, Jordan – MEHNA commented, “Our journey with the first edition of PepsiCo’s Accelerator Program was transformative, equipping us with the essential technical, commercial, financial, and legal skills to propel our start-up forward. With their invaluable guidance and mentorship, we have honed our project development process, identified promising markets and partnerships, and pushed the boundaries of innovation to create sustainable and disruptive solutions. We extend our warmest wishes and support to the next cohort of talented entrepreneurs who are setting out to shape a brighter future.”
