New Accelerator Program for Australian and Indian Startups

  • Launched by AIM, NITI Aayog.
  • It is known as Rapid Innovation and Startup Expansion (RISE).
  • The aim is to support Australian and Indian circular economy startups.
  • In partnership with 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.
  • The first round will focus on creating a sustainable future built on waste innovation.
  • There will be no fee.
  • Participants will be eligible for up to INR 40, 00,000 in non-equity grants.

Applications are now open and will close Saturday on  7 January 2024.

Posted in Current Affairs.