Feb. 11 webinar covers application requirements for rural broadband loan and grant program - Entrepreneur Generations

The U.S. Department of Agriculture's Rural Development office will host a free webinar on Feb. 11 to cover application requirements for its ReConnect Program, which offers grants and loans for rural broadband buildout. The webinar will last about an hour and begins at 1 p.m. ET. Registration is required. Click here to register.

The program will provide up to $200 million in grants, $200 million in low-interest loans, and up to $200 million for 50/50 loan/grant combinations. The USDA announced a second round of ReConnect funding on Dec. 12 and began accepting applications on Jan. 31. Applications must be submitted by March 16.

Telecommunications companies, rural electric cooperatives and utilities, internet service providers and municipal governments are eligible to receive the funding. The agency will award funds to projects with financially sustainable business models that will bring high-speed internet to rural homes, businesses, farms and community facilities such as health care sites and schools.

The USDA will also host regional workshops for those who want to learn more about the program. Click here for more information about upcoming workshops.

from The Rural Blog https://ift.tt/2H8HAJq Feb. 11 webinar covers application requirements for rural broadband loan and grant program - Entrepreneur Generations

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