RISE Accelerator

About RISE Accelerator:

• The India Australia Rapid Innovation and Start-up Expansion (RISE) Accelerator is a bilateral program led by CSIRO and the Atal Innovation Mission (AIM), NITI Aayog.
• It addresses India and Australia’s shared challenges with a focus on environment and climate issues by supporting the expansion of innovative agritech solutions across borders.
• It was launched in 2023 – has been instrumental in supporting start-ups and MSMEs in validating, adapting, and piloting their technologies for new markets.
• The Rapid Innovation and Start-up Expansion (RISE) Accelerator programme is designed to support businesses aiming for international expansion between India and Australia.
• This marks a significant milestone in fostering innovations that address India and Australia’s most pressing shared challenges in the agriculture sector.
• The Climate Smart Agritech cohort of the RISE Accelerator will focus on
  • Start-ups and MSMEs with technologies and solutions that enhance agricultural productivity and resilience in the face of growing climate variability, resource scarcity and food insecurity.
  • The program is particularly interested in start-ups and MSMEs with solutions that prioritise farmer needs, priorities, and on-farm practices. 
  • Over the course of the nine months of the accelerator program, the selected start-ups and MSMEs will benefit from a blend of self-paced online learning and in-person sessions, including immersion weeks in both India and Australia.
  • The program will also involve field trials and technology pilot in the latter half.

Q1: What is Atal Innovation Mission?

It is the Government of India’s flagship initiative to promote a culture of innovation and entrepreneurship in the country and was set up in 2016. Its objective is to create and promote an ecosystem of innovation and entrepreneurship across the country at school, university, research institutions, MSME and industry levels.

Source: India Australia RISE Accelerator calls for Start-ups and MSMEs in Climate Smart Agritech

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