Australia’s Nationwide Science Organisation, CSIRO, is inviting startups and small-medium-sized enterprises (SMEs) with revolutionary agritech options to use for the India Australia Fast Innovation Startup Enlargement (RISE) Accelerator.A program designed to help companies aiming to increase between the 2 nations.
Beginning in October, the RISE Accelerator Program’s Local weather Good AgriTech cohort will give attention to companies with applied sciences and options that enhance agricultural productiveness and resilience within the face of rising local weather variability, useful resource shortage and meals insecurity.
This system is especially excited by startups and SMEs with options that prioritize farmers’ wants, preferences and on-farm practices.
The RISE accelerator was launched in 2023 and helps startups and SMEs by serving to them validate, undertake and pilot their applied sciences in new markets. This system facilitates connections with potential companions and clients to extend their possibilities of success within the new market.
Tamara Ogilvie, CSIRO’s Rice Accelerator Program Director, stated the choice nation might be competitively chosen based mostly on how scalable, deployable and revolutionary their agritech options are.
“Our farming contexts share some commonalities, however the scale of farming operations and the livelihoods of farmers are very distinctive,” Ms Ogilvy stated.
“Via this system, members could have the chance to rapidly combine into abroad innovation ecosystems that they might not have entry to, serving to them obtain product-market match for his or her applied sciences.”
Over the course of 9 months, members will profit from self-paced on-line and in-person studying periods, together with in-country journey to achieve in-depth market insights. They’ll obtain one-on-one teaching and mentoring from business professionals all through this system.
Within the present round financial system cluster, Givevable and RISE co-founder Naomi Swaras says, the chance to take part in this system’s Immersion Weeks – one week of intensive studying, website visits and networking in Australia and the opposite in India – proved significantly helpful. .
“The journey to India bolstered the immense worth of face-to-face interactions. As an Australian enterprise, this can be a implausible manner for us to grasp our market and join with our clients.
Established underneath the Australian Authorities’s India Financial Technique 2022, the RISE Accelerator addresses international challenges with a give attention to local weather and environmental points.
The newest spherical of this system seeks revolutionary options to sort out essential agricultural challenges, together with growing productiveness, lowering emissions and optimizing using pure assets.
Dr Rose Roche, CSIRO’s Ag2050 Program Lead, stated continued innovation is essential to making sure worthwhile, productive and sustainable farming programs sooner or later.
“To help nationwide economies and farmers’ livelihoods, we should develop and scale revolutionary options in land use and meals safety which can be acceptable for our altering local weather and rising international inhabitants,” stated Dr Roche.
“Fostering partnerships and supporting startups and SMEs to speed up their options performs a essential position on this regard, as their agility and creativity usually result in groundbreaking options.”
Purposes for the RISE Accelerator Program shut on Sunday 15 September 2024.
There isn’t any cost for startups to take part in this system, with a number of alternatives to journey between Australia and India. Taking part startups can qualify for as much as A$75,000 in non-equity grants.
Study extra and apply Or, be part of our info session on 28 August 2024.
The India Australia Fast Innovation and Startup Enlargement (RICE) Accelerator is a partnership between CSIRO and Atal Innovation Mission (AIM), a flagship initiative of NITI Aayog India to advertise innovation and entrepreneurship.