inaugurate
verb [ T ]
uk/ɪˈnɔːɡjəreɪt/ usto put something such as a service, system, etc. into action officially:
On Monday, the company inaugurated a $20 million plant that will triple their output of road-paving material known as bitumen.
to inaugurate a campaign/programme/scheme
to put someone into an official position with a ceremony:
American presidents are always inaugurated in January.