The India Australia Rapid Innovation and Start-up Expansion (RISE) Accelerator, is a purpose-built program to support and accelerate Indian and Australian start-ups.
RISE Accelerator aims to enable start-ups with mature tech-based innovations to fast-track their cross-border social, economic and environmental impact through a cross-border innovation ecosystem.
RISE Accelerator is operationalized through a powerful partnership between:
1) Atal Innovation Mission (AIM), NITI Aayog, the Government of India’s flagship initiative to promote a culture of innovation and entrepreneurship in the country
2) CSIRO, Australia’s National Science Agency
With a focus on Environment and Climate Technology, the program will be tailored to accelerate start-ups working on a range of areas:
1) Climate Smart Agriculture
2) Clean Energy
3) Circular Economy and Waste Management
4) Climate Smart Mobility
Cohort Size is 10 – 15 start-ups from India and Australia
Cohort Duration is 9 months
Why should a start-up participate?
RISE Accelerator is a program designed to support and accelerate start-ups through joint support from the Indian and Australian innovation ecosystem stakeholders
Value Proposition of RISE:
1) Government Funding and Access to VCs
2) Structured Pathways and Guidance in early steps towards cross-border expansion
3) Access to Mentor and SMEs of India and Australia
4) Opportunity to Pilot, Adapt and Validate Technology for a New Market
5) Fast-tracked Connections to Partners and Potential Customers in a New Market
6) Credibility to Succeed
Who can participate?
AIM and CSIRO invite start-ups in India and Australia with:
1) Innovative Technology in the Thematic Areas with High Potential Impact
2) Commercialized in the Home Country Market
3) Focus to Expand in India or Australia