Prominent Canadian and Silicon Valley entrepreneurs and investors today announced the launch of a new accelerator program based in Vancouver. GrowLab is a “startup boot camp” for entrepreneurs whose companies will receive up to $25,000 in seed funding, four months of mentorship, free office space and the opportunity to pitch investors at the end of the program for follow-on funding. The program is accepting applications from entrepreneurs globally and will be based in Vancouver for the first three months, with the fourth month in San Francisco.

Five companies will be chosen for the first cohort beginning August 15, 2011. “We are so excited about the talent and ideas coming out of this next-generation of entrepreneurs,” says Debbie Landa, creator of the GROW Conference. “We created GrowLab to provide financing and mentor support to help them build tomorrow’s great companies.”

GrowLab aims to find the world’s smartest Internet entrepreneurs who are passionate about technology and changing the face of traditional business. “Our approach is entrepreneur-centric,” says Leonard Brody of Clarity Digital. “We’re founded on the principal that if we find and support talented entrepreneurs, their ideas can grow into truly disruptive companies.”

More venture capital businesses can now be accessed on the move by using the new venture.city.mobi mobile site.