Support for businesses with innovative technologies to expand to India

Overview

The India Australia Rapid Innovation and Startup Expansion Accelerator (RISE) Accelerator Program supports start-ups and small and medium-sized enterprises (SMEs) working on innovative technology who are considering expansion between India and Australia.

The program support start-ups working on a range of areas such as:

• circular economy
• climate smart agriculture
• clean energy
• waste and circular economy
• climate smart mobility.

From the program, start-ups will be able to:

• gain valuable market, cultural and regulatory insight into the Indian market
• fast track connections to the right partners and customers, including on-the-ground mentors, funders, suppliers, distributors, regulators and researchers
• grow and scale their technology and research overseas
• pilot, adapt and validate technology for a new market
• gain visibility of joint-innovation funds, grants and investors in each region.

Up to five rounds of six to eight competitively selected start-ups and SMEs will participate in a nine-month program of cross-border capacity building activities.  

Participating start-ups/SMEs will receive a grant of up to $75,000 to support their participation in the Program, and are eligible for a travel allowance to support the costs of national and international travel.

There is no charge for start-ups to apply for the RISE Accelerator program.

Check if you can apply

To be eligible for the program, you must:

• be a company incorporated in Australia with ABN and ACN or an incorporated trustee applying on behalf of a trust
• have your company registered for less than 10 years and has not had revenue of more than AU$20 million in any of the last 3 financial years
• registered for GST
• have a solution at TRL 7 or higher. Solutions at TRL 5-6 that have a clear potential to rapidly advance through expansion into India may also be considered
• be headquartered or domiciled in Australia
• have or be actively developing a technology or solution that aligns with the Round’s Challenge Statement/s as listed on riseaccelerator.org.