CSIRO launches circular economy accelerator focused on India

Startups and small to mid-sized enterprises (SMEs) in India and Australia working on circular economy technologies could benefit from a new accelerator programme designed to explore opportunities between the two countries.

The India Australia Rapid Innovation and Startup Expansion (RISE) Accelerator is delivered in partnership between CSIRO and Atal Innovation Mission (AIM), the Government of India’s flagship initiative to promote a culture of innovation and entrepreneurship.

CSIRO’s RISE Accelerator programme director Tamara Ogilvie (pictured) said the programme focused on startups and SMEs that have mature technologies and a desire to expand between India and Australia.

Ms Ogilvie said: “Over the nine-month RISE Accelerator programme, we’ll 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.

“For the first round of RISE Accelerator, we’re calling for startups and SMEs developing innovative business models, technologies, and or resource ingenuity to support India’s and Australia’s transition to a circular economy.”

Pramit Dash, AIM’s RISE Accelerator lead said the Australian and Indian startups would be well supported to validate and adapt their technology and research overseas.

There is no charge for startups to participate in the programme, with a number of opportunities to travel between Australia and India.

Participating startups may also be eligible for up to $75,000 in non-equity grants.

Applications for the RISE Accelerator programme are open now, and will close Sunday 7 January 2024.

Picture: Tamara Ogilvie