Applications are being invited from start-ups and MSMEs from India and Australia for the Climate Smart Agritech cohort of the India Australia RISE Accelerator.

About the India Australia Rapid Innovation and Start-up Expansion (RISE) Accelerator 

• Launch: The Accelerator program is launched in 2023 with the First Round focusing on ‘The Circular Economy Opportunities’ to support start-ups and MSMEs in validating, adapting, and piloting their technologies for new markets.
• Implementing Agencies: RISE Accelerator is a bilateral program led by CSIRO- Australia’s national science agency  and the Atal Innovation Mission (AIM), NITI Aayog.
• Aim: To enable start-ups with mature tech-based innovations to fast-track their cross-border social, economic and environmental impact through cross-border innovation ecosystem

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• Focus Areas:

• RISE Cohort: A new cohort, consisting 10 – 15 start-ups and SMEs from India and Australia with innovative solutions focussed on addressing the challenge statements are supported in each round.
• Program Overview: 
  • It is a 9-month program which is split into two phases,
    • Discovery phase: e-learning and funded in-person travel within Australia and India
    • Pilot phase: Testing or demonstrating the technology or solution in the respective target market
  • Grant: It is subject to achievement of program milestones up to A$75,000 for Australian organisations, or INR 4.5 million for Indian organisations
  • Coaching and Connections: It is a dedicated facilitators and subject matter experts guide startups’ and SMEs’ cross-border planning and activities, and provide network connections

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