- Stacy’s Pita Chips seeks to replicate the mentorship and monetary support it received that helped catapult the company to success
- Stacy’s Rise Project offering $10,000 grants and virtual mentoring
- Applicants must meet certain conditions and make their submission by July 7
Summary by Dirk Langeveld
Stacy’s Pita Chips got its start as a side product of a food cart operated by a Massachusetts couple. After experiencing major growth, it was acquired in 2005 by PepsiCo/Frito-Lay. The brand says this success wouldn’t have been possible without the mentorship and monetary support it received along the way, and the latest iteration of its annual Stacy’s Rise Project seeks to offer similar assistance to entrepreneurs.
The Stacy’s Rise Project will award $10,000 grants to 10 entrepreneurs. Recipients will also receive mentoring services from PepsiCo/Frito-Lay leaders as well as other industry experts.
The program is open to businesses with at least 50 percent women ownership and annual revenues of $25,000 to $1 million. Recipients must be willing to participate in virtual mentoring, and must not be part of any other accelerator program at the time of entry.
Applications must be submitted by 6 p.m. on July 7. Further information is available here.