The Atal Innovation Mission (AIM), in collaboration with CSIRO Australia, is launching the Climate Smart Agritech cohort as part of the India Australia Rapid Innovation and Start-up Expansion (RISE) Accelerator. This initiative supports start-ups and MSMEs from both countries aiming to expand internationally, focusing on innovations in agriculture.
Program Details
Commencement: October 2024
Duration: Nine months
Focus: Enhancing agricultural productivity and resilience amid climate variability, resource scarcity, and food insecurity.
Program Highlights
- Target Participants: Start-ups and MSMEs with technologies and solutions designed to address agricultural challenges.
- Special Interest: Solutions that prioritize farmer needs and on-farm practices.
Key Features
- Learning Opportunities: Combination of self-paced online modules and in-person sessions.
- Immersion Weeks: In-depth market insights and networking opportunities in both India and Australia.
- Support: One-on-one coaching, mentorship from industry experts, and potential connections with partners and customers.
- Field Trials: Technology piloting in the latter half of the program.
Statements from Leaders
- Tamara Ogilvie, Program Director, CSIRO: “This cohort will enable participants to achieve product-market fit in diverse markets and rapidly scale their solutions to meet global demands.”
- Pramit Dash, Program Lead, AIM: “The RISE Accelerator program addresses immediate agricultural challenges and ensures farmers can access resilient practices tailored to their needs.”
Application Details
- Deadline: 15 September 2024
- Participation Fee: None
- Travel Opportunities: Eligible for travel between Australia and India
- Grant: Up to INR 45 lakhs in non-equity funding may be available
Apply Here: RISE Accelerator Application
About the RISE Accelerator
The RISE Accelerator is a bilateral program led by CSIRO and the Atal Innovation Mission (AIM), NITI Aayog, addressing shared environmental and climate challenges through innovative agritech solutions.
Multiple-Choice Questions (MCQs):
- What is the primary focus of the Climate Smart Agritech cohort of the RISE Accelerator?
- A) Enhancing urban infrastructure
- B) Improving healthcare technology
- C) Boosting agricultural productivity and resilience
- D) Developing renewable energy solutions
- When does the Climate Smart Agritech cohort of the RISE Accelerator begin?
- A) January 2024
- B) April 2024
- C) October 2024
- D) July 2024
- What are the key benefits provided by the RISE Accelerator program?
- A) Business management training
- B) Self-paced learning and immersion weeks
- C) Real estate investment opportunities
- D) Marketing and advertising campaigns
- What is the application deadline for the RISE Accelerator program?
- A) 15 August 2024
- B) 15 September 2024
- C) 15 October 2024
- D) 15 November 2024
- How much non-equity grant may selected start-ups/SMEs be eligible for?
- A) INR 10 lakhs
- B) INR 25 lakhs
- C) INR 45 lakhs
- D) INR 50 lakhs