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How one can Leverage A number of Funding Sources for Broadband

Funding the planning, deployment, and operation of a group broadband community takes a variety of capital. Fortunately, a number of funding sources for broadband associated tasks are actually out there for state and native authorities use. Roughly $100 billion of federal and state grants are flowing to Web Service Suppliers (ISPs), native governments, non-profit group networks, rural electrical utilities, and others to spur deployment of high-speed broadband networks at reasonably priced costs to broadband deserts.

Understanding funding sources for broadband

Out there funds can be utilized to put in and light-up lots of of 1000’s of miles of high-speed fiber-optic cables and interconnections to group anchor establishments (CAIs) akin to colleges, governments, non-profits, and healthcare suppliers. However distributing $100 billion of grants nationwide to these most in want can get very complicated.

Cisco Public Funding Office Federal Grant Chart

Virtually 100 federal businesses and fifty states are awarding grants for broadband availability, affordability, and/or adoption. To assist handle the complexity of those federal grants, many state and native governments are:

  • retaining consultants
  • forming broadband authorities and business advisory committees
  • forming public non-public partnerships with ISPs and digital fairness advocacy organizations.

At Cisco, we really feel that funding digital fairness for all is an achievable purpose. This may be finished by leveraging a number of funding sources for broadband concurrently and serially. There are federal and state grants for:

  • planning and administrative prices
  • entry to connectivity
  • affordability subsidies
  • adoption and digital fairness.

Everywhere in the nation, ISPs, state, tribal, and native governments, rural electrical utilities, and financial growth businesses are constructing and increasing open entry center mile networks interconnected to native final mile networks. Along with grants solely for broadband, these networks are partially financed by grants for distance studying, telehealth, housing, transportation, public security, and different authorities capabilities for which broadband infrastructure and cybersecurity are eligible bills.

Allow us to enable you navigate funding sources for broadband

Whereas there are guidelines, laws, and reporting that come together with federal and state funding, leveraging these {dollars} is the route communities are taking to fund broadband networks and interconnections to CAIs. However a lot of the data round broadband, and funding usually, can result in confusion.

That’s the place the Cisco Public Funding Workplace can add direct worth to your broadband challenge. We will help information you thru the out there funding sources for broadband and in addition provide assist all through your journey. We’ll assist align your group with essentially the most relevant {dollars} to face up your important applications and tasks. Keep in mind, we’re right here to assist. It’s as simple as reaching out to your Cisco Account Supervisor or Public Funding Advisor at the moment to get the dialog began.

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