The Broadband Stimulus Program: Are You Prepared to Explore Untapped Opportunities?
Universal access to technology is one of the components of the American Recovery and Reinvestment Act of 2009, and among the programs included in this Act is one for broadband stimulus. It is an ambitious plan to expand broadband access to unserved and under served communities across the U.S., increase jobs, spur investments in technology and infrastructure, and provide long-term economic benefits. The Act provides a total of $7.2 billion split between the Commerce Department’s National Telecommunications and Information Administration (NTIA) and the Department of Agriculture’s Rural Utilities Service (RUS).
Broadband Stimulus: Where are the opportunities?
The American Recovery and Reinvestment Act of 2009 opens the door to tremendous opportunities for technology, media, and telecommunications (TMT) companies. In communities, cities, and states across the country, broadband projects are being proposed that present potential new business for companies in markets they may not have ever considered before or could not have afforded to approach. These are new customers with previously unmet needs.
The first application period has passed, but future funding rounds are coming up and access to other related funding sources are available.
Download this quick reference guide to learn more about the Act and how Deloitte can help you prepare for this opportunity.
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