It’s Now or Never: Build Your Broadband Legacy With Billions in Funding

The demand for digital equity is at an all-time high. You have an opportunity to create a legacy like none before—but new network builds don’t come cheap, and funding is only available for a limited time.

There are countless programs and sources out there, which makes it challenging to get a clear view of the landscape, determine if you qualify, work through the application process, and then manage your award. 

With all those steps involved, obtaining funding to build a new network can be difficult to navigate on your own—so we’ve designed the ultimate funding guide to help you do just that. 

Why Go For Broadband Funding Now? 

There’s billions of dollars on the line between now and 2028 for new broadband infrastructure projects. This unprecedented level of available federal and state funding, coupled with private investment, has made it easier than ever to fund new broadband services.

Here’s a glimpse of some of the major federal funding programs in 2023:

• Broadband Equity, Access, and Deployment (BEAD)—$42.5 billion

• American Rescue Plan Act (ARPA)—$18 billion

• ReConnect Loan and Grant Program—$1.5 billion (application window closed)

• Community Connect—$79 million (application window closed)

Becoming a BSP requires a lot of upfront capital. Until recently, traditional BSPs have had a stronghold on the market—deciding if and when to dip into their profits to expand or build new networks—now, it’s your turn. 

With broadband connectivity, you can boost your local economy, improve quality of life, and ensure that everyone in your community is positioned to succeed in the digital age. If that all sounds like the kind of legacy you were looking to leave for the next generation, then we have everything you need to get started.

For the most up-to-date funding sources for broadband projects in the United States, their qualification criteria, and how to get started, download The Ultimate Guide to Broadband Funding 2023 eBook.