PepsiCo To Invest Over $400 Million in Black Inc., one of the world’s largest beverage and food companies, plans to invest more than $400 million during the next five years to uplift Black communities across America.
The commitment is part of many initiatives by PepsiCo that includes efforts to battle racial inequality and create opportunities for Black Americans.
Here are some other initiatives that PepsiCo plans to launch:
Investing in accelerating PepsiCo’s support for social programs that impact Black communities.
That includes backing Black-owned restaurants as part of its Small Businesses Program and launching a Community Leader Fellowship program for Black nonprofit CEOs.
Establishing scholarship support worth $25 million for students transitioning from 2-year to 4-year programs and scaling existing efforts to support trade/certificate and academic 2-year degrees through community colleges for 400 Black students per year.
