Auspicate

While the verb auspicate is relatively rare in modern speech, its adjective form, , is widely used. If a situation is described as "auspicious," it means it is favorable, advantageous, or likely to result in success. Conversely, an "inauspicious" start is one that suggests trouble ahead. AUSPICATE Definition & Meaning - Merriam-Webster

: To begin or inaugurate an endeavor, often under circumstances intended to bring good luck. For example, "They chose to auspicate the new venture with a celebratory toast". auspicate

If you find "auspicate" a bit too formal, you can use these more common alternatives depending on your context: While the verb auspicate is relatively rare in