What Chambre de commerce Memphrémagog does

Chambre de commerce, d'industrie et du tourisme Memphrémagog (CCIT Memphrémagog) is a regional, non-profit business chamber founded in 1961 and headquartered in Magog, Quebec. It serves as the sole chamber of commerce covering all 17 municipalities of the MRC de Memphrémagog — a 1,317 km² territory bordering the United States for 35 km — and represents roughly 300 member businesses across commerce, industry, and tourism. Its primary constituents are small and medium-sized enterprises, self-employed professionals, non-profits, and tourism operators, with a secondary role of advocacy and regional promotion.

The chamber's core offering is a unified annual membership program that bundles networking events (networking cafés, conferences, the Gala OMER, golf tournament, and the recently launched 'Les grandes rencontres' speaker series), a public member directory, political and economic advocacy, and access to collectively negotiated benefits. These benefits are sourced primarily through the chamber's affiliation with the Fédération des chambres de commerce du Québec (FCCQ) and include group insurance, shipping discounts (FlagShip, Purolator, UPS, FedEx), fuel discounts (Shell, Esso), and payment processing partnerships. The organization runs on the Yapla third-party CMS/membership platform and does not maintain any proprietary technology product.

The business model is subscription-based, with annual membership dues ranging from $0 (exchange/third-party paid) to $465 CAD, scaled by organization size and type. Additional revenue is generated through event ticketing and sponsorships. As of June 2026, the organization disclosed short-term liquidity issues and the absence of a sustainable financing model, suspended summer activities, and presented a new business model based on shared recurring funding from the business community, socioeconomic partners, and municipalities, with an extraordinary general assembly scheduled for July 28, 2026 to determine the organization's future.

Name

Chambre de commerce Memphrémagog

Legal name

Chambre de commerce, d'industrie et du tourisme Memphrémagog

Website

https://ccmemphremagog.com

Company type

Private

Founded year

1961

Operating status

Operating

Headcount range

1–10 employees

Short description

CCIT Memphrémagog is a non-profit regional business chamber founded in 1961, serving roughly 300 member businesses across the 17 municipalities of the MRC de Memphrémagog in Quebec via an annual membership program that bundles networking events, advocacy, and collectively negotiated benefits through FCCQ affiliation.

Ownership category

akta.pro rank

Headquarters

HQ city

Magog

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Membership dues: The primary revenue stream is annual membership fees collected from businesses, self-employed professionals, non-profits, associations, and students/retirees across the Memphrémagog region. Fees range from free (exchange/third-party paid) to $465 CAD per year depending on organization size and type.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

CCIT Memphrémagog sells tiered annual business memberships to SMEs, self-employed professionals, non-profits, and associations across the 17 municipalities of the MRC de Memphrémagog. Memberships bundle networking events, business advocacy with political and economic stakeholders, a public member directory, training, and exclusive member discounts on group insurance, shipping, fuel, and payment processing. The organization also acts as a regional tourism promotion body for its territory.

Product overview

Chambre de commerce, d'industrie et du tourisme Memphrémagog (CCIT Memphrémagog) is a regional business chamber operating as a membership-based service organization rather than a technology product company. Its core offering is a unified membership program that bundles networking events, business advocacy, a member directory, collective insurance access, shipping and fuel discounts, and payment processing partnerships into a single value proposition for member businesses. The organization does not operate a standalone software product; its primary offering is the membership itself, with Yapla used as the underlying website and event management platform. No separate named sub-products, modules, or platform offerings were identified.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 65 years of continuous service to the regional business community
• +2 more outcomes

Named customers1 record

Segments4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Magog TechnopolecoreStrategic or Co-development Partner · 27 April 2026CCIT Memphrémagog and Magog Technopole entered into a structuring partnership to reinforce synergies between the two key economic actors in the Memphrémagog region. Under the agreement, the CCIT permanence (staff office) will be relocated to Magog Technopole's offices starting July 1, 2026, enabling closer collaboration between teams, improved information flow, and joint initiatives. The partnership aims to offer enhanced value to members of both organizations through shared resources, spaces, and a broader network, in a logic of complementarity focused on collaboration, networking, and business development for regional enterprises.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Canadian Chamber of Commerce: National umbrella organization for Canadian chambers of commerce. While operating at a broader, federal scale rather than a regional Quebec level, it is structurally analogous and represents the apex institutional context in which chambers like CCIT Memphrémagog operate.
• Réseau des SADC et CAE: Quebec-wide network of Community Futures Development Corporations and business assistance centres supporting rural and SME economic development. Operates a parallel (and partially overlapping) mandate to local chambers across multiple regions, including Memphrémagog.

Direct peers

• Board of Trade of Metropolitan Montreal: Canada's oldest chamber of commerce, providing the same business membership, advocacy, networking, and discount-partnerships model but at metropolitan scale. Operationally and structurally analogous to CCIT Memphrémagog, illustrating how a chamber can be operated at larger scale.
• Chambre de commerce de Sherbrooke: Neighboring regional chamber of commerce in the same Estrie region of Québec, serving businesses in Sherbrooke with a similar membership, advocacy, and networking model. Provides a directly comparable benchmark for chamber operations, scale, and governance in the same geographic market.
• Fédération des chambres de commerce du Québec (FCCQ): Provincial federation to which CCIT Memphrémagog is affiliated. FCCQ coordinates 140+ chambers and 50,000+ businesses across Québec, providing the collective insurance and purchasing benefits that anchor CCIT's member value proposition — making it the most directly comparable organization and the apex body governing the chamber's operations.
• Chambre de commerce de l'Est de Montréal (CCEM): Another regional Québec chamber serving a defined business community with membership dues, networking events, advocacy, and partner discounts. Directly comparable in structure and offering, with useful parallels on member-acquisition strategy and SME targeting.
• Chambre de commerce et d'industrie de Québec (CCIQ): Large Quebec regional chamber offering the same membership, advocacy, networking, and discount benefits model as CCIT Memphrémagog. A scaled peer that demonstrates how chamber models can be operated at significantly larger scope, useful for benchmarking the upper end of the category.

Others

• Magog Technopole: Regional innovation and technology development organization that signed a structuring partnership with CCIT Memphrémagog in April 2026. Not a chamber peer but a strategic complement, providing AI/TIC and innovation resources that the chamber will broker to its members through co-location.
• Tourisme Memphrémagog: Regional tourism organization covering the same MRC de Memphrémagog territory. Functionally adjacent rather than competitive — tourism promotion overlaps with one of CCIT's three pillars, and the two organizations share regional stakeholders and potential partnership opportunities.
• Entreprendre Sherbrooke: Regional business development organization where CCIT's new Director General previously worked. Provides comparable SME-support and growth-advisory services in the same Estrie region, representing a partially overlapping stakeholder base rather than a direct competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/chambredecommercememphremagog
• LinkedInlinkedin.com/company/chambre-de-commerce-memphremagog-dindustrie-et-du-tourisme-memphremagog

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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