Abstract
The predominantly Spanish-Cuban investments and investors in domestic capital were part of a sector formed under Spanish colonial dominance, which until its decadence from 1930 held a great deal of economic power and political influence in the republic. This sector participated in the process of modernizing Cuban industry from the later decades of the 19th century. Unlike other entities controlled by foreign capitalists which were run as stable businesses on the island, the centers entrusted with supervising business management of the Spanish-Cuban concerns were domiciled in the country itself and were solidly rooted in the territory and society of Cuba, forming part of its cultural identity on a national, regional or local scale. This article looks into the characteristics and peculiarities of this capital and its evolution.