06/13/2017

Cuban Business Group Signals Opportunities

Collaboration with Cubans, Cuban groups could be on the rise

The fact that a small business association has formed in Cuba might bode well for American associations looking to collaborate with Cubans.

The Associated Press reported recently that entrepreneurs in Cuba have formed the country’s first small business organization, called the Association of Businessmen, and about 90 entrepreneurs have joined. The group applied for government recognition in February but has not yet received it.

This development is “a very good sign,” said Rick O’Sullivan, principal of Change Management Solutions and an expert in building associations in developing countries. “I think it speaks to a recognition that the government is failing and there is a need for businesses to look out for themselves.”

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