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A new startup accelerator dubbed Boomtown is launching in Boulder, Colorado in the hopes of identifying and supporting new internet, mobile and software firms that operate primarily in the media, marketing and ad tech industries.

The venture will foster selected startups -- an application process is required -- through a 12-week mentoring program. Atlanta-based venture capital firm Farmore Capital Group is the lead investor, but a familiar local face is also behind Boomtown, former CP&B exec Alex Bogusky.

Image: adage.com - Alex Bogusky