PepsiCo awards "Virdis" team from Imam Abdulrahman Bin Faisal University for groundbreaking sustainability initiative as part of flagship Tamakani program

Riyadh, Kingdom of Saudi Arabia: PepsiCo, the Global Food and Beverage Company, and its charitable arm, the PepsiCo Foundation, in partnership with INJAZ Al-Arab and INJAZ Saudi Arabia, announced the winners of a sustainability-focused challenge organized as part of PepsiCo’s flagship Tamakani program, aimed at driving entrepreneurship among aspiring Saudi women.

The virtual ceremony awarded the “Virdis” team from Imam Abdulrahman Bin Faisal University $10,000 for the groundbreaking project aimed at reducing carbon footprint and delivering a sustainable food system. Two additional teams – “SU” from Imam Abdulrahman Bin Faisal University and “Capsy” from Princess Noura Bint Abdul Rahman University ranked second and third, receiving $6,000 and $4,000 respectively, to convert their entrepreneurial vision into tangible projects. The financial reward is complemented by a mentorship program with Injaz Al-Arab to equip students with education and training as well as financial literacy to ensure workforce readiness.

The program, conducted over the course of a year, offered 500 female students from four Saudi universities - the Princess Noura Bint Abdul Rahman University, Imam Abdulrahman Bin Faisal University, Al Imam Mohamed Bin Saud University, and King Abdulaziz University, the opportunity to present business ideas aimed at creating a more sustainable planet. The challenge asked students to ideate three priority areas – positive water impact, circular future for packaging, and improving choices across the PepsiCo portfolio.

50 students qualified for the final stage, as part of which they experienced the full cycle of setting up and running their own enterprise through a dynamic 10-week business simulation program. PepsiCo volunteers served as support and consultants to each team. Students also had the opportunity to go through a day of a typical PepsiCo job within different departments – hosted virtually with PepsiCo employees across different verticals including HR, Communications, Supply Chain, Sales, Finance, and Legal. All other departments also took students through a day in their work life tasks.

Tamer Mosalam, Vice President & General Manager, Gulf & Levant Foods at PepsiCo said, “Fostering a culture of inclusion and diversity is essential to growth and progress – for companies and countries. At PepsiCo, we recognize this responsibility both internally and externally & Tamakani has been the product of this vision – a dedicated platform that supports and inspires generations of women in the Kingdom. We believe in women and their capabilities and have seen what they can achieve when given the right opportunities. We also recognize the power of partnerships and are proud to collaborate with Injaz Al Arab and the PepsiCo Foundation to leverage their expertise in educating and training aspiring entrepreneurs. The Kingdom’s Vision 2030 is committed to unleashing female potential, and we’re delighted to be part of this journey as we further our commitment to provide equal opportunities for every member of society.”

The ceremony was attended by key representatives from the private sector, partners of INJAZ Saudi, representatives of the Ministry of Education as well as academic experts. The jury consisted of three academics, specialized in Saudi entrepreneurship including Ms. Iman Abdel Shakour, Founder & CEO of Blossom Accelerator, Ms. Amal Dokhan, CEO of Global Entrepreneurship Network GEN Saudi at GEN, and Mr. Tamer Mosalam, Vice President & General Manager, Gulf & Levant Foods at PepsiCo.

In recognition of the strategic partnership between INJAZ and PepsiCo, Mr. Nagib Abdulrahman, CEO of INJAZ Saudi Arabia, affirmed his commitment to empowering Saudi youth, particularly women, through curated training designed to drive entrepreneurship, teamwork, and creativity. He said, “Teamwork and true partnership are the secret to success, and when they are combined with the determination to create positive change, we get rich outcomes that represent the ambitions of Saudi youth.”

Tamkani is PepsiCo’s dedicated platform to help create opportunities and guidance for women with promising capabilities, provide support to realize aspirations, scale up innovative initiatives, and mentor Saudi women to realize their full potential.

-Ends-

About PepsiCo

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $67 billion in net revenue in 2019, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 23 brands that generate more than $1 billion each in estimated annual retail sales.

Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose."Winning with Purpose" reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business.  For more information, visit www.pepsico.com. 

About the PepsiCo Foundation

PepsiCo Foundation was founded in 1962, the PepsiCo Foundation is the philanthropic arm of PepsiCo. The Foundation invests in the basis for building a sustainable food system to support communities and help them thrive. Working with non-profit and prominent experts around the world, our focus is on helping alleviate famine, managing water and waste responsibly, and supporting women as champions of farm-to-family nutrition. We strive to make a tangible impact in the places in which we live and work, and to achieve this we collaborate with industry companies, local and international organizations and our employees to make a wide-ranging impact on issues that matter to us and of great global interest. To learn more, please visit https://www.pepsico.com/sustainability/philanthropy. 

INJAZ Saudi Arabia

INJAZ Saudi Arabia (ISA) is a national non-profit organization that delivers programs to youth in the age group (6 – 24 Years) specialized in Leadership, Entrepreneurship, and enhancing their economical, business and life skills, through engaging volunteers from the private sector who invest their time to share their experience with our youth in order to better prepare them for the labor market and enhance their professional skills.

INJAZ Saudi Arabia, since its launch in 2007, has provided many programs and initiatives, all over the Kingdom in more than 100 cities, with the participation of more than 5,000 educational institutions - schools and universities - and in an exceptional partnership with the Ministry of Education, we were able to reach more than 800 thousand students Through volunteers and volunteers from the private and public sectors, and benefiting from their practical experiences in providing well-studied and refined global programs, to support the educational process and participate in preparing future leaders to complete the development process of the Kingdom and reach the Kingdom's vision 2030.

About INJAZ Al-Arab

Operating in 13 countries across the Middle East and North Africa, INJAZ Al-Arab is the largest non-profit organization dedicated to overcoming unemployment in the region and aims to inspire a culture of entrepreneurship and business innovation among Arab youth.

Partnering with leading companies in the private sector, INJAZ Al-Arab equips Arab youth to drive the economies of the Arab World forward through training designed to inspire them to develop ambition, entrepreneurship and professional skills.

Named one of the top 100 NGOs in the world by Global Journal, INJAZ Al-Arab has influenced the lives of over 2.7 million students since its inception in 2004. INJAZ Al-Arab is a member of Junior Achievement; the world’s largest and fastest-growing youth business organization dedicated to educating students about workforce readiness, entrepreneurship and financial literacy through experiential, hands-on programs.

© Press Release 2021