Rapid Innovation And Startup Expansion:
AIM, NITI Aayog launched a new accelerator called Rapid Innovation and Startup Expansion (RISE) to support Australian and Indian circular economy startups.
Rapid Innovation and Startup Expansion (RISE):
- The India Australia RISE Accelerator is delivered in partnership between CSIRO, Australia’s national science agency, and Atal Innovation Mission (AIM), the Government of India’s flagship initiative to promote a culture of innovation and entrepreneurship.
- This initiative focuses on startups and small to mid-sized enterprises (SMEs) in India and Australia working on circular economy technologies and solutions.
- Focus Themes: With a focus on Environment and Climate Technology, the program will be tailored to accelerate start-ups working on a range of areas:
- Climate Smart Agriculture
- Clean Energy
- Circular Economy and Waste Management
- Climate Smart Mobility
- The RISE Accelerator program will help startups navigate early steps in a new region, fast-track connections to the right partners, customers, and talent, and build credibility to succeed in international markets.
- The accelerator, in its first round, will focus on supporting startups and SMEs working on technologies and solutions for the waste and circular economy
- Participating startups may also be eligible for up to INR 40,00,000 in non-equity grants.
