New enterprises and cooperatives- Regarding the scope of manufacturing productions, it clarifies that these include the transformation of materials, substances or components into new products.
New enterprises- It details that these materials can be raw materials from agriculture, livestock, forestry, fishing, as well as products from other manufacturing activities and they involve the use of machinery in factories or plants and also manual transformation at home.
Likewise, the possibility of applying for the activities of the first summons remains open: food production, exporters, local development projects, businesses incubated in science and technology parks as well as technology-based businesses, and circular economy and recycling.
As for the applications that were archived because they were not part of the previous call, it indicates that if they are part of the new one, they are automatically activated and begin to be processed along with those received from this moment onwards.
Last September 29, the first 35 Mipymes were approved, of which 13 are in food production, six in manufacturing, three related to recycling activities and another three incubated in the Scientific and Technological Park of Havana.
Cuba Approves first Private and state MSMEs
Havana, Sept 29 (ACN) Cuba’s Economy Ministry approved on Wednesday the first 35 micro, small and medium companies, with most of them in the fields of food production, manufacture, recycling and technology.
The new enterprises are located in 11 Cuban provinces, with 20 of them upgrading from self-employment to companies and another 15 newly created.
The information by the government ministry says that other applications are under consideration, while none of them has been declined.
The setting up of the MSMEs is part of the Cuban economic improvement program aimed at having all economic actors contribute to the country’s economy and development.
Cuban MSMEs Producing Food will be set up First
Havana, Sept 21 (ACN) The new micro, small and medium companies in Cuba will operate in a wide array of service and production sectors; however their setting up will first prioritize those dedicated to food production.
The decision is a priority for the country given the current shortage of foodstuffs and the need to make large imports, calculated at some 1.800 USD annually over the past few years, according to the Economic Actors platform which assisted the MSMEs creation process.
The legal norms backing the setting up of the MSMEs went into force on Monday including regulations and statutes, which can be consulted at https://pae.mep.gob.cu
All those MSMEs either private or state-run and new Cooperatives involved in the production of food will be prioritized along with those ready to export goods and services, implement community projects, recycling economy and technology-based businesses as well as those within the Scientific- technological parks.