Ottawa's Mercury Launch joins GrowLab & FounderFuel in new wave of Canadian Startup Accelerators

Posted by Rob Lewis

Ottawa's Scott Annan announced this morning the launch of a new accelerator for Canada's capital - Mercury Launch.

Mercury Launch's mission is to support Ottawa’s best entrepreneurs and accelerate future world-class web and mobile businesses through seed funding, mentorship, a powerful global network, and office space.

Similar to the model started by YCombinator and followed by many, Mercury Launch will provide entrepreneurs with up to $25,000 in seed funding, 3-4 months of intense programming, office space, and access to a mentor network. There is one exception though - you have to be in/from Ottawa to participate.

Mercury Launch will be selecting 4-5 companies to start a 3-month program beginning in September and the cut off to apply is August 20th.

While Vancouver's Bootup Labs floundered and fizzled last year there is a wave of support for startup accelerators washing across the country. Vancouver's GrowLab launched in May followed by Montreal's FounderFuel last month.

Techvibes compared GrowLab and FounderFuel head-to-head but it looks like it is time for an update adding Mercury Launch to the mix.

Company:
GrowLab Ventures Inc.
Website:
http://www.growlab.ca
Location:
Vancouver, British Columbia, Canada

GrowLab supports the World's best entrepreneurs through seed funding, office space, mentorship & programming in Vancouver & San Francisco. more

Company:
FounderFuel
Website:
http://www.founderfuel.com
Location:
Montréal, Québec, Canada

At FounderFuel we believe startup success is more about the people than the idea. We take a lot of care in choosing the smartest and most resourceful, dedicated and passionate people we can find. Once selected to join the program, you’ll be surrounded by a few like-minded entrepreneurial teams for an 12 intense weeks. You will be developing your business within an ecosystem of experienced entrepreneurs, top... more

Company:
Mercury Launch
Website:
http://www.mercurylaunch.com
Location:
Ottawa, Ontario, Canada

The Mercury Accelerator supports Ottawa’s best entrepreneurs and accelerates future world-class web and mobile businesses through seed funding, mentorship, a powerful global network, & office space. more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media Inc. and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can... more



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