DALLAS — SKU, the Austin, Texas-based consumer packaged goods accelerator, has selected five female-owned businesses to participate in the third cohort of SKU Dallas.
The startup founders will receive education, mentorship, networking and funding during the program. Brands are selected based on market traction, innovation and founder story and must have annual revenue of more than $500,000. The 12-week program culminates in a pitch event in November.
Food and beverage brands selected for the program are Mortal Ventures, a maker of kombucha and functional sparkling water; Omni Bev, a producer of ready-to-drink Vietnamese cold brew coffee; and True Scoops, a brand of do-it-yourself ice cream and topping mixes. Sexual wellness startup Nakey and breastmilk storage brand Pippy Sips also will participate.
“The companies in the cohort were selected based on their innovation, traction in the market and the strength of the founders,” said Emily Kealey, managing director of SKU. “It is the first time in SKU’s 10-year history that all of the brands are led by female founders. This is also an incredibly unique cohort in a wide range of categories, including desserts, baby products, beverages and sexual wellness.”
SKU Dallas is supported by DFW CPG, an organization co-founded by Richard Riccardi and Rick Jordan to build a community for emerging consumer products brands, distributors, manufacturers, suppliers, venture capital investors and more in the Dallas/Fort Worth area.Epic Provisions and Siete Family Foods are among the more than 100 companies that have participated in SKU since it was established in 2011. In recent years, SKU has developed programs in additional cities, including Dallas, Minneapolis, New York and Atlanta.