LW sponsors GrowLab incubator in Vancouver

Exciting things are happening out in Vancouver for start-up companies. A group of well-known angels has paired up with three Canadian VC firms to form a new incubator known as “Growlab”. The first cohort of five startups was announced in August from 300 candidate applications from around Canada and the world. These five lucky companies will receive investment from Growlab as well as eligibility for a parallel investment from BDC Capital, and will undergo an intensive four month mentorship program at Growlab’s decidedly funky Vancouver office facility and in Silicon Valley. LW was happily on the ground floor for this exciting initiative, acting for the VCs in their funding of Growlab, and then moving on to act as a Growlab sponsor and recommended independent legal counsel for the Growlab start up companies. Our involvement with Growlab was announced with a bang at a packed open house on August 16th, which was also sponsored by LW. We’re looking forward to ongoing involvement with the Growlab program, which will see a new cohort of companies selected later this winter. And we hear through the grapevine that there may be other new incubator programs to be established in Canada this year… Stay tuned…