Chamber of Industry, Commerce and Services of Cochabamba - ICAM

What Chamber of Industry, Commerce and Services of Cochabamba - ICAM does

ICAM (Cámara de Industria, Comercio y Servicios de Cochabamba) is a private non-profit business chamber founded in 1922 and headquartered in Cochabamba, Bolivia. It is the largest business organization in the department, representing industrial, commercial, and service companies across all sizes through direct membership affiliation. Revenue is generated through three streams: recurring membership fees, event participation fees (notably the annual Rueda Internacional de Negocios, which has run for 31 editions since 1993 and is priced at Bs. 350-600 per participant), and fees for professional advisory services in legal, environmental, quality standards, occupational health, and foreign-trade domains.

Its product and service portfolio spans the Centro de Conciliación y Arbitraje (alternative dispute resolution), the Observatorio Económico (economic research on GDP, fiscal policy, and country risk), the CIERVA sustainability/circular-economy program, the Programa Emprendedores (entrepreneur support launched in 2021), and the trademarked 'Hecho en Bolivia' certification seal launched in 2001. Underlying technology is modest: a dedicated event management platform (ruedanegocios.icam.bo) with registration and matching, plus an economic observatory publications workflow. A generative-AI assistive layer was introduced in 2025 to help members draft offer/demand descriptions at event registration.

The organization operates a Board of Directors elected from members, is led by President Wildo Dolz Vásquez and General Manager Alberto Arze Barrenechea, and holds approximately 49 roster positions (with around 15-20 named staff plus administrative support). It maintains direct institutional relationships with municipal, departmental, and national government authorities and is embedded in the Confederation of Private Employers of Bolivia (CEPB), the National Chamber of Industries (CNI), and the National Chamber of Commerce (CNC).

Name

Chamber of Industry, Commerce and Services of Cochabamba - ICAM

Legal name

Cámara de Industria, Comercio y Servicios de Cochabamba

Website

https://icam.bo

Company type

Private

Founded year

1922

Operating status

Operating

Headcount range

11–50 employees

Short description

ICAM is a 100+ year old non-profit business chamber in Cochabamba, Bolivia, serving industrial, commercial, and service companies through membership fees, professional advisory services, arbitration, economic research, events, and the 'Hecho en Bolivia' certification seal.

Ownership category

akta.pro rank

Product category

Business Chamber Services

NAICS

Business Associations (813910), Convention and Trade Show Organizers (561920), Professional, Scientific, and Technical Services (541)

SIC

Services-Membership Organizations (8600), Services-Management Services (8741)

akta.pro primary industry

Executive Summits & Invitation-Only Forums (MPAGAGAK)

akta.pro secondary industry

Technical Committees, Working Groups & Expert Panels (BPADANAB)

Keywords

• Business chamber services
• Commercial arbitration
• Business networking events
• Economic research observatory
• Made in Bolivia certification

Headquarters

HQ city

Cochabamba

HQ country

Bolivia

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Membership Affiliation Fees: Annual or periodic fees charged to businesses (unipersonal and commercial societies) for membership in the chamber, providing access to all institutional services, advisories, and programs.
2. Event Participation Fees: Fees for participation in business events including the Rueda Internacional de Negocios (Bs. 350-600 depending on participant type), training courses, workshops, and conferences.
3. Professional Services: Fees for specialized advisory services including legal advisory, environmental advisory, quality standards advisory, occupational health services, business sustainability consulting, and certifications.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels9 records

Core offering

ICAM is a non-profit business chamber founded in 1922 that represents and supports industrial, commercial, and service companies in Cochabamba, Bolivia. It delivers its offering through annual membership affiliations, providing access to institutional services including a Centro de Conciliación y Arbitraje (dispute resolution), an Observatorio Económico (economic research), a CIERVA sustainability program, an Emprendedores entrepreneur support program, a "Hecho en Bolivia" certification seal, business advisory (legal, environmental, quality, occupational health, foreign trade), and the flagship annual Rueda Internacional de Negocios networking event.

Product overview

ICAM is a chamber of commerce offering a portfolio of institutional and business support services. Its core offerings include the Economic Observatory (economic analysis and research), Centro de Conciliación y Arbitraje (dispute resolution), CIERVA (sustainability), the Entrepreneurs Program (business development support), and the 'Hecho en Bolivia' certification seal for national products. The flagship activity is the annual Rueda de Negocios (International Business Wheel) platform, a major business networking event. Additional services encompass legal, environmental, quality, and trade advisory, as well as business training and certification assistance.

Differentiator

Problem solved

Functional benefit

Products and services

• Rueda Internacional de Negocios (International Business Wheel) A flagship annual business networking event platform connecting companies for commercial contacts, strategic alliances, and business opportunities at regional, national, and international levels. Operated since 1993, it is the main multisectoral space for generating business contacts in the region.
• Observatorio Económico (Economic Observatory) An analytical service that monitors and publishes economic indicators, analyses on GDP, fiscal policy, international reserves, country risk, and regional economic trends for Cochabamba and Bolivia.
• Centro de Conciliación y Arbitraje (CCA) A dispute resolution center providing conciliation and arbitration services for commercial conflicts between businesses, operating from a dedicated headquarters at Av. Julio Rodríguez N° 17, Cochabamba.
• Programa Emprendedores ICAM A pioneering program launched in 2021 providing entrepreneurs (especially those under 35) with access to training, specialized advice, business networking opportunities, mentorship, and investor/accelerator connections to strengthen their business models.
• CIERVA Sustainability Program A sustainability program promoting circular economy and sustainable business practices among member companies, partnering with Swisscontact to organize virtual green business fairs.
• Hecho en Bolivia Certification Seal The most recognized business emblem in Bolivia, launched in 2001 to promote national production and combat contraband. The seal distinguishes industrial products, ventures, services, crafts, and the cultural sector that meet local manufacturing requirements.
• Business Advisory Services Comprehensive advisory services for member companies including legal counsel, environmental advice, standards and quality consulting, occupational health and safety (SST), corporate sustainability (RSE), foreign trade (COMEX), communications, event organization, business training, and certifications.
• Compro Asociado Program A member benefit program enabling preferential purchasing arrangements and commercial relationships among associated companies, promoting inter-company commerce within the ICAM member network.

Quantifiable outcome

• 946 companies participated in national fairs generating $52 million in business intentions
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Partnerships

16 partnerships are on record, tiered core, minor and flagship.

• CABOCH (Cámara Boliviana-China)coreStrategic or Co-development Partner · 28 May 2026Cooperation agreement signed at the 'Bolivia: Towards the World with China' economic and commercial forum to strengthen trade and investment relations between Bolivia and China, facilitating business connections for Cochabamba companies.
• CAINCOTAR (Cámara de Industria, Comercio, Servicios y Turismo de Tarija)coreStrategic or Co-development Partner · 7 July 2021Strategic alliance to jointly promote and consume Bolivian products through the 'Hecho en Bolivia' seal. Focuses on strengthening national production and combating contraband through cross-regional cooperation between Tarija and Cochabamba businesses.
• Fundación IgualesminorStrategic or Co-development Partner · 9 April 2021Alliance to promote gender equity in the business sector and support innovative, sustainable female entrepreneurship for greater competitiveness and productivity.
• Cambridge Business Association BoliviaminorStrategic or Co-development Partner · 7 April 2021Cooperation agreement for executive education and business development, creating synergies within the educational and professional development sphere.
• Konrad Adenauer StiftungcoreStrategic or Co-development PartnerInternational cooperation foundation partnering with ICAM on entrepreneur programs. Jointly organized the 1st Entrepreneur Business Round, creating a platform for entrepreneurs to connect with investors, accelerators, and institutions supporting innovation.
• UNIFRANZ (Universidad Privada Franz Tamayo)coreStrategic or Co-development PartnerAcademic partnership delivering brand identity workshops to ICAM entrepreneurs, providing students practical experience in graphic design projects while supporting local businesses with corporate identity and branding.
• Confederación de Empresarios Privados de Bolivia (CEPB)flagshipStrategic or Co-development PartnerNational confederation of private employers. ICAM participates as a member chamber and hosted the Extraordinary Summit of Business Organizations convened by CEPB to address the country's economic crisis and build a joint agenda for recovery.
• Cámara Nacional de Industrias (CNI)coreStrategic or Co-development PartnerNational chamber of industries. ICAM participates in CNI's board and collaborates on national industrial policy, economic analysis, and industry representation initiatives.
• Cámara Nacional de Comercio (CNC)coreStrategic or Co-development PartnerNational chamber of commerce. ICAM participates in CNC's board through its president and collaborates on commercial sector initiatives.
• SENASAG (Servicio Nacional de Sanidad Agropecuaria e Inocuidad Alimentaria)coreStrategic or Co-development PartnerGovernment agricultural health agency. ICAM hosts SENASAG presentations on food safety regulations and authorized products for holidays like San Juan, supporting member compliance.
• Servicio de Impuestos Nacionales (SIN)coreStrategic or Co-development PartnerNational tax service. Jointly organizes free training courses on banking, tax compliance, and VAT benefits for ICAM members, enhancing member companies' fiscal compliance.
• GRACO Cochabamba (Gerencia Regional de Cobros)minorImplementation/ SI/ Consulting PartnerRegional tax collection management. ICAM facilitates dialogue between GRACO and business sector to promote favorable tax measures, holding working meetings at ICAM facilities.
• SwisscontactminorStrategic or Co-development PartnerInternational development organization. ICAM's CIERVA program partnered with Swisscontact to promote circular economy and sustainable business markets through virtual green business fairs.
• Gobierno Autónomo Departamental de CochabambaflagshipStrategic or Co-development PartnerDepartamental government. ICAM maintains institutional coordination meetings with the Governor to align public-private sector agendas and promote economic development.
• Gobierno Autónomo Municipal de CochabambaflagshipStrategic or Co-development PartnerMunicipal government. ICAM coordinates with the Mayor on economic development initiatives, establishing bases for creating the Social and Economic Council of Cochabamba.
• Gobierno Autónomo Municipal de SacabacoreStrategic or Co-development PartnerICAM signed the founding charter of the Municipal Entrepreneurship Ecosystem of Sacaba, joining public, private, academic institutions, and civil society to strengthen entrepreneurship and economic development.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Others

• Swisscontact: Swiss international development organization partnering with ICAM on the CIERVA circular-economy program. Comparable in providing advisory/training infrastructure to SMEs in emerging markets, though structured as a foundation rather than a membership chamber.
• Konrad Adenauer Stiftung (KAS): German political foundation; ICAM partners with KAS on entrepreneur programs (1st Entrepreneur Business Round). Not a chamber, but a strategically aligned ecosystem partner delivering training, governance, and SME support — comparable mission in adjacent capacity-building space.

Regional players

• Cámara de Comercio de Santiago (CCS): Chilean regional chamber of commerce with a long-established membership, advisory and arbitration portfolio. Comparable institutional model to ICAM but serving a more developed Chilean economy.
• Cámara de Comercio de Lima (CCL): Major Peruvian regional chamber offering member services, arbitration, certification and events to Lima businesses — comparable in structure and service breadth but operating in a different Andean economy.

Direct peers

• CAINCO (Cámara de Industria, Comercio, Servicios y Turismo de Santa Cruz): Santa Cruz departmental chamber — Bolivia's largest regional economy. Mirrors ICAM's membership + advisory + event model at greater scale, making it the most direct structural peer in a different Bolivian department.
• CAINCOTAR (Cámara de Industria, Comercio, Servicios y Turismo de Tarija): Tarija's departmental chamber of industry, commerce, services and tourism; ICAM signed a 2021-07-07 strategic alliance with CAINCOTAR to jointly promote the 'Hecho en Bolivia' seal. Operates the same membership + advisory + advocacy model in a neighboring Bolivian department.
• Cámara Nacional de Industrias (CNI) Bolivia: National industries chamber; ICAM participates on CNI's board for national industrial policy, economic analysis and industry representation. Directly comparable as a higher-tier industry chamber serving overlapping manufacturing members.
• Cámara Departamental de Industria y Comercio de La Paz: La Paz departmental industry-and-commerce chamber operating the same hybrid membership/advisory/event model. ICAM and this entity together with CAINCO and Tarija form the departmental chamber ecosystem of Bolivia.
• Cámara Nacional de Comercio (CNC) Bolivia: National commerce chamber; ICAM's president sits on CNC's board. Comparable in offering commercial-sector representation, networking events, and policy advocacy to members across Bolivia.

Broad incumbents

• Confederación de Empresarios Privados de Bolivia (CEPB): National umbrella confederation of Bolivian private employers; ICAM is a member chamber and hosted CEPB's Extraordinary Summit on the economic crisis. Acts as a higher-order incumbent aggregating chambers like ICAM.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ICAMCBBA
• YouTubeyoutube.com/@icam1229
• Facebookfacebook.com/ICAMCBBA
• LinkedInlinkedin.com/company/icamcbba
• TikToktiktok.com/@icamcbba

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chamber of Industry, Commerce and Services of Cochabamba - ICAM