Magog Technopole
Magog Technopole is a non-profit technology business incubator in Magog, Quebec, providing office and coworking space, ICT fund administration, the Xplore incubation program, and AI training events for startups, established ICT firms, and SMEs in the Estrie region.
- Company typePrivate
- Founded2010
- HeadquartersMagog, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Magog Technopole does
Magog Technopole is a non-profit technology business incubator and economic development organization founded circa 2010 in Magog, Quebec, serving the Estrie region. Its core activities center on providing physical infrastructure (office rentals of 200-2,000 square feet, coworking spaces, meeting rooms, and event facilities) within the HUB Innovation Desjardins building, administering the City of Magog's ICT Fund (up to $75,000 with individual grants of up to $10,000), and running the Xplore personalized incubation program for technology startups and established ICT companies. The organization supplements these services with a structured events and training calendar that includes the 'Connexion IA en affaires' AI workshop series, productivity workshops (e.g., ChatGPT), LinkedIn Local Estrie networking, and partnership-driven programming with Mila, MT Lab, and other institutional players.
The business is monetized through a mix of recurring and transactional streams: subscription-based coworking and office rentals (with differentiated member vs. visitor pricing), student subscriptions ($150-$200 per 4-month session), paid events and workshops ($25-$100 per attendee), and membership fees. The GTM motion is community-led and event-driven, relying on regional partnerships with Ville de Magog, MRC de Memphrémagog, CAE Memphrémagog, Desjardins, and Raymond Chabot Grant Thornton to build pipeline and credibility. The organization does not develop proprietary technology products; rather, it operates as a regional acceleration layer that connects member companies to funding, mentorship, workspace, and an interdisciplinary community spanning mobile, biotech, cybersecurity, robotics, AI, and digital marketing.
Magog Technopole firmographics
Firmographics- Name
- Magog Technopole
- Legal name
- Magog Technopole
- Website
- https://magogtechnopole.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Magog Technopole is a non-profit technology business incubator in Magog, Quebec, providing office and coworking space, ICT fund administration, the Xplore incubation program, and AI training events for startups, established ICT firms, and SMEs in the Estrie region.
- Ownership category
- akta.pro rank
Where Magog Technopole is headquartered
LocationHeadquarters
- HQ city
- Magog
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Magog Technopole business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Infrastructure, Others
Revenue model
- Office and Coworking Space Rental: Magog Technopole generates revenue through renting office spaces (200 to 2000 square feet) and coworking facilities to member companies and visitors. Spaces include open workspaces, meeting rooms, private offices, and event spaces with various pricing tiers for members vs non-members.
- ICT Fund Administration: The organization administers an ICT fund of up to $75,000 supported by the City of Magog, providing non-refundable grants of up to $10,000 to eligible startups and companies. Companies can file a total of two applications in 5 years.
- Event and Training Programs: Revenue generated from paid workshops, training sessions, and events such as the 'Connexion IA en affaires' series ($60 per event or $100 for the series), productivity workshops ($50), and networking events.
- Membership Fees: Companies become members of the Magog Technopole community to access resources, networking, and support services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Open workspace for one person |
| Unit Pricing | Pay-as-you-go | Small working room (max 6 people) - Top BEDDING |
| Unit Pricing | Pay-as-you-go | Medium working room (max 8 people) - TURING |
| Unit Pricing | Pay-as-you-go | Large working room (max 24 people) - MULTI |
| Unit Pricing | Pay-as-you-go | Closed office - ENVOL Space (max 3 people) |
| Subscription | Monthly | Student access - 3 days/week |
| Subscription | Monthly | Student access - 5 days/week |
| Other | Multi-year contract | ICT Fund Grants |
| Transaction based/ take rate | Pay-as-you-go | Connexion IA en affaires series |
| Transaction based/ take rate | Pay-as-you-go | Série Productivité - Démystifier ChatGPT |
| Transaction based/ take rate | Pay-as-you-go | AI Community workshop |
| Transaction based/ take rate | Pay-as-you-go | Mila exclusive visit |
| Transaction based/ take rate | Pay-as-you-go | Holiday Party 2025 |
| Transaction based/ take rate | Pay-as-you-go | LinkedIn Local Estrie events |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Magog Technopole product offering
Product offeringCore offering
Magog Technopole is a regional technology business incubator and economic development hub that rents office and coworking space (200-2,000 sq ft), administers the Fonds TIC grant program (up to $75,000 with $10,000 grants per company), and runs the Xplore incubation program along with paid training and networking events for ICT startups and SMEs in the Estrie region of Quebec. It does not develop or sell its own software; rather, it provides physical infrastructure, funding access, mentorship, and community programming to help technology companies establish and grow in Magog.
Product overview
Magog Technopole is an economic development accelerator for ICT (Information and Communication Technologies) companies in Estrie, Quebec. Rather than a unified software product, it offers a portfolio of business support services: office and coworking space rentals at the HUB Innovation Desjardins, the ITC Funds financial assistance program (up to $75,000), the Xplore incubation program, and AI-focused training events like the Connexion IA en affaires series. These services collectively support startup growth, innovation, and regional economic development.
Differentiator
Problem solved
Functional benefit
Products and services
- Bureaux à louer (Office Rentals) Rental of turnkey office spaces (200-2,000 sq ft) at the HUB Innovation Desjardins location in Magog, with access control, free WiFi, and shared common areas included for a fixed monthly amount. Targeted at ICT startups and SMEs needing a physical base in the Estrie region.
- Espaces de Coworking (Coworking Spaces) Flexible coworking access with open workstations, meeting rooms (small, medium, and large variants named Top BEDDING, TURING, and MULTI), a closed office (ENVOL), and amenities including free WiFi, soundproof booths, kitchenette, rooftop terrace, and indoor bike parking. Available to members and visitors at differentiated daily or half-day rates.
- Fonds TIC (ICT Fund) Non-refundable financial assistance program administered by Magog Technopole on behalf of the City of Magog, with a total fund value of $75,000 and individual grant awards of up to $10,000. Eligible startups and SMEs can file a maximum of two applications within a five-year period.
- Xplore - Parcours d'Incubation (Incubation Program) Structured incubation program providing participating startups and companies with workshops, tools, key resources, and access to an innovation partner ecosystem, including personalized coaching to help establish or expand operations in Magog.
- Connexion IA en affaires (AI in Business Series) Paid multi-event workshop series on AI integration for businesses, priced at $100 for the full series or $60 per individual event, delivered in partnership with Maverick Analytik. Covers AI governance, legal issues, generative engine optimization, and the future of work, with expert speakers and interactive group sessions targeting regional SMEs.
Companies that use Magog Technopole
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
Magog Technopole technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Magog Technopole partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core, major and minor.
- Ville de MagogcoreMajor partner providing support for Magog Technopole's ICT fund and economic development initiatives. The City of Magog contributes to creating a welcoming environment for ICT companies.
- DesjardinscoreMajor partner supporting Magog Technopole through the HUB Innovation Desjardins building. Provides sponsorship for events including the AI Community 5@7 gatherings.
- MRC de MemphrémagogcoreRegional county municipality partner supporting economic development initiatives and local financing programs for entrepreneurs in the Memphrémagog region.
- CAE MemphrémagogmajorLocal development corporation providing financing programs and business support services. Hosts events at Magog Technopole and contributes to local entrepreneur ecosystem.
- Raymond Chabot Grant ThorntonmajorMajor partner providing expert knowledge on fiscal incentives and R&D credits reform, conducting conferences for Magog Technopole members.
- Predictive SuccessminorConsulting partner providing business coaching and predictive success methodologies for member companies.
- Maverick AnalytikmajorAnimation and strategic facilitation partner for the Connexion IA en affaires series and AI Community workshops. Provides expertise in AI integration and analytics.
- MT LabmajorInnovation and startup incubator created by UQAM and Tourisme Montréal in 2016. Co-hosts 5@7 events and provides incubation programs for startups in the tourism and technology sectors.
- Mila - Institut québécois d'intelligence artificiellemajorQuebec's AI research institute founded by Turing Prize winner Yoshua Bengio. Collaborates on exclusive visits, workshops, and connecting Estrie companies with AI researchers. Mila has 1,200+ researchers from major Quebec universities.
- Chambre de commerce MemphrémagogmajorLocal chamber of commerce collaborating on AI Community events and business networking activities like LinkedIn Local Estrie.
- Le Parachute and MAINmajorQuebec-wide innovation accelerator network and MAIN (Mouvement des accélérateurs d'innovation du Québec) collaborating on events, IP workshops, and entrepreneur support with government funding.
- Cherry RiverminorEvent sponsor for the AI Community 5@7 gatherings following workshops.
Scale indicators5 records
Recent moves6 records
Expansion highlights4 records
Magog Technopole competitors and assessment
Company assessmentOthers
Regional players
- Sherbrooke Innopole: Sherbrooke's municipal economic development corporation supporting innovation, entrepreneurship, and tech business growth in the Estrie-adjacent Sherbrooke region. Closest functional peer: another Quebec regional economic development organization running incubation and acceleration services for ICT companies.
Direct peers
- Notman (Maison Notman): Montreal tech community hub combining coworking space, events, and startup support programs. Direct peer: combines the same workspace-rental and community/event-driven programming model targeting Quebec tech entrepreneurs.
- Le Camp: Quebec City technology hub providing coworking, accelerator programming, and community events for ICT entrepreneurs. Direct peer: similar Quebec-based tech hub model with workspace, events, and cohort-based programs for tech startups.
- Centech: Deep-tech incubator and accelerator based at École de technologie supérieure in Montreal, running cohort-based programs for hardware, AI, and science-based startups. Direct peer: another Quebec tech incubator running structured programs, workshops, and ecosystem support for tech founders.
- FounderFuel: Montreal-based tech startup accelerator providing mentorship, capital, and programming for early-stage ICT founders. Direct peer: same business model (tech accelerator), same geography (Quebec), targeting the same ICT startup segment.
- Bonjour Startup: Quebec City startup community organization running events, networking, and programming to support local tech founders. Direct peer: matches Magog Technopole's community-led, event-driven GTM motion for engaging ICT entrepreneurs in Quebec.
- District 3 Innovation Center: Concordia University's innovation hub in Montreal offering incubation, acceleration, coworking, and programming for early-stage startups. Direct peer: provides the same combination of incubation programming, workspace, and ecosystem support in the same Quebec market.
Broad incumbents
- Main (Mouvement des accélérateurs d'innovation du Québec): Quebec-wide network of innovation accelerators including Le Camp, Centech, FounderFuel, and others. Broad incumbent: a coordinating network that Magog Technopole collaborates with; useful comparability for funding and program coordination across Quebec.
- Creative Destruction Lab: Canada-wide seed-stage accelerator founded at the Rotman School of Management with multiple sites including Montreal. Broad incumbent: not a regional coworking operator, but a much larger accelerator running structured programs for science- and tech-based startups across Canada.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Magog Technopole social profiles
Digital presenceMagog Technopole financial estimates
Financial estimateRevenue estimate
Valuation estimate
Magog Technopole leadership team
Management profileNumber of profiles
Profiles2 records
Magog Technopole funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Magog Technopole M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Magog Technopole
What does Magog Technopole do?
Magog Technopole is a regional technology business incubator and economic development hub that rents office and coworking space (200-2,000 sq ft), administers the Fonds TIC grant program (up to $75,000 with $10,000 grants per company), and runs the Xplore incubation program along with paid training and networking events for ICT startups and SMEs in the Estrie region of Quebec. It does not develop or sell its own software; rather, it provides physical infrastructure, funding access, mentorship, and community programming to help technology companies establish and grow in Magog.
Is Magog Technopole a public or private company?
Magog Technopole is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Magog Technopole founded?
Magog Technopole was founded in 2010. It employs 1 to 10 people.
Where is Magog Technopole based?
Magog Technopole is headquartered in Magog, Canada, in the North America region.
How does Magog Technopole make money?
Four revenue lines are on record. Office and Coworking Space Rental is the primary driver. The others are ICT Fund Administration, event and Training Programs and membership Fees.
Who are Magog Technopole's main competitors?
MT Lab is listed as an others. Sherbrooke Innopole is listed as a regional player. Direct peers are Notman (Maison Notman), Le Camp, Centech, FounderFuel, Bonjour Startup and District 3 Innovation Center. Broad incumbents are Main (Mouvement des accélérateurs d'innovation du Québec) and Creative Destruction Lab.
Does Magog Technopole have an API?
No public API is recorded for Magog Technopole.