PepsiCo Greenhouse Accelerator - Accelerating Sustainability Innovation in APAC
Country:
Thailand
SERVICES
SPARKS
The PepsiCo Greenhouse Accelerator is a global mentor-led initiative designed to support emerging entrepreneurs working on breakthrough innovations in food and beverage sustainability. It is a cornerstone of PepsiCo’s "pep+" (PepsiCo Positive) transformation agenda.
Learn how PRecious Communications revitalised the PepsiCo Greenhouse Accelerator in APAC through an advocacy-led strategy. By leveraging VC networks and alumni success, the campaign secured over 450 media stories and significantly surpassed application KPIs.[/caption]
At a Glance
- Client: PepsiCo Greenhouse Accelerator
- Industry: Food & Beverage / Sustainability / Greenhouse Accelerator
- Services: Programme Launch, Media Relations, Ecosystem Engagement, Event Support
PepsiCo Greenhouse Accelerator and PRecious Communications Case Study Highlights
- Drove applications and visibility for a sustainability accelerator through ecosystem advocacy and targeted media engagement.
- Over-performed application KPIs by 2x for PepsiCo’s innovation programme by leveraging startup networks and VC partnerships.
- Secured 450+ media placements to position a corporate accelerator as a key growth engine for APAC sustainability startups.
Learn how PRecious Communications revitalised the PepsiCo Greenhouse Accelerator in APAC through an advocacy-led strategy. By leveraging VC networks and alumni success, the campaign secured over 450 media stories and significantly surpassed application KPIs.[/caption]Challenges
Gaining Traction in a Crowded EcosystemWhile the Greenhouse Accelerator was well-known globally, the APAC edition struggled to find its footing. The 2023 launch did not generate the desired level of buzz or applications, getting lost in a crowded landscape of startup programmes. For 2024, the objective was clear: establish the programme as a premier growth enabler for startups in the region and drive the corporate sustainability narrative forward.
Solutions
The Strategic Insight: Building an Ecosystem of AdvocacyWe moved beyond standard "call for applications" press releases. We focused on building a credible ecosystem around the programme.
- Building Advocacy: We utilised successful participants from the 2023 cohort as brand ambassadors. Their authentic success stories served as powerful testimonials to prospective applicants, proving the programme's ability to accelerate growth.
- Direct Ecosystem Activation: We leveraged our own network of Venture Capitalists (VCs). By facilitating direct meetings and providing VCs with materials, we encouraged them to "nudge" their own portfolio companies to apply, ensuring a pipeline of high-quality candidates.
- Centralised Media Moment: We organised a virtual press conference anchored in Bangkok, a hub for regional innovation. This provided a concentrated venue for media to engage with PepsiCo leadership and understand the programme's strategic importance.
Results
Measurable Results: Exceeding Targets and Amplifying ReachThe campaign successfully revitalised interest in the accelerator, delivering results that far outstripped the previous year.
- Massive Organic Reach: Secured more than 450 pieces of organic coverage across APAC, featuring in prestigious titles such as CNBC, Bangkok Post, Bloomberg Businessweek, and The Manila Times.
- KPI Over-Performance: The strategic push resulted in the programme over-performing its application KPI by nearly 2x, demonstrating a massive surge in interest from the startup community.
- Strong Media Engagement: The virtual press conference in Bangkok attracted 25 media attendees, ensuring deep and accurate reporting on PepsiCo’s sustainability goals.
The PRecious Perspective: Monetise Investor Networks to Supercharge Corporate InnovationThe Diagnostic: If your multinational corporation is launching an innovation accelerator, relying on traditional press releases to attract top tier talent is a strategic error. In the venture ecosystem, true validation only comes from trusted peers. The Strategic Pivot: To dramatically exceed your application targets and capture the best market innovations, you must actively weaponise your broader financial network. The Commercial Engine:
- Engage venture capitalists directly and empower them to nudge their portfolio companies to apply.
- Utilise successful alumni to act as vocal brand ambassadors, providing authentic testimonials.
- Organise centralised media moments in regional innovation hubs to demonstrate strategic corporate importance.
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