More Funding for MO Broadband Expansion

7 years 2 months 3 weeks ago Tuesday, September 21 2010 Sep 21, 2010 Tuesday, September 21, 2010 12:26:29 PM CDT September 21, 2010 in News
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CAMDENTON - Three broadband projects in Missouri will receive more than $50 million in federal funding to expand high speed internet services across the state. The projects are part of Governor Jay Nixon's MoBroadbandNow initiative, which has already earned $192.1 million.

The recipients of the funding money were Sho-Me Technologies, households and businesses throughout Cass County, and the Department of Education. At a news conference Tuesday at Camden County Juvenile Justice Center - which uses Sho-Me Technologies services -- Governor Nixon said broadband internet is a good investment now, and for future success.

"What was to the 19th century, the railroad, and the 20th century, the interstate -- the 21st century is broadband technology. If you're on it, you'll prosper. If you're not, you'll fall behind," said the Governor.

MoBroadbandNow is a private-public partnership. Each of the federal funding awards will be matched by private funding to bring the total dollars available to more than $57 million.

Sho-Me Technologies received a grant of $26.6 million to expand its network across 30 counties in Missouri. That network will deliver broadband to homes, schools, and businesses in the following counties: Benton, Camden, Christian, Cole, Cooper, Crawford, Dallas, Douglas, Franklin, Gasconade, Greene, Hickory, Howell, Laclede, Maries, Miller, Moniteau, Morgan, Oregon, Osage, Ozark, Pettis, Phelps, Polk, Shannon, Stone, Taney, Texas, Webster, and Wright.

Sho-Me Technologies matched $11.4 million to the federal grant, bringing the total amount to $38 million.

The high costs for building broadband services has prevented access to many areas in Missouri. Nixon said with the new funds, high speed internet can reach those spots and allow homes and businesses to enjoy the same advantages as the rest of the state.

"It has the potential to connect doctors and patients at the speed of light, open the doors of our colleges and universities to more students, and expand market s for small businesses to not only the rest of the state, but to markets across the globe," said the Governor.

Missouri obtained the money through competitive federal funding, and Nixon credits the public-private partnership for the state's success. The Governor said he expects to the MoBroadbandNow project completed within two years.

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