£2,500 FUNDING RUNNING OUT

Full fibre broadband connections offer the fastest and most reliable speeds available, and the government is committed to a vision of a full fibre Britain. As part of this commitment, the UK Government have announced the £67m Gigabit Broadband Voucher Scheme. Gigabit vouchers can be used by small and medium organisations to benefit from the installation cost of a gigabit-capable connection.

Benefits:

  • Free Installation
  • 1GB Superfast Fibre Broadband Speeds
  • Improved Upload & Download Speeds

What is a gigabit connection?

The UK now has 95% coverage for superfast broadband with speeds of 24 megabits per second or higher. However, most superfast connections still depend on copper telephone wires, which are limited in the speeds they can support. For the fastest and most reliable broadband, capable of delivering gigabit speeds, a full fibre connection is required.

One gigabit is the same as 1,000 megabits – so it’s a big leap forward in connection speeds that could benefit you and your business into the future. Full fibre also allows your upload and download speeds to be the same.

Is your business eligible for the scheme?

You can apply if your business…

  • Has up to 249 employees
  • A turnover of less than €50 million and/or
  • A balance sheet of less than £43 million
  • You must not have received more than the permitted amount of de minimis aid in the last 3 years.

There has been further announcement about the Gigabit Voucher Scheme as funding has now been lowered to £2,500.

With significant demand from organisations across the country, the DCMS has reduced the maximum claimable allowance for connection, down from £3,000. The Government anticipated the £67m would enable the scheme to run until Q1 2021. However, we forecast the full budget will be fully allocated much sooner, which most likely means many organisations will miss out.

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