A New Chapter for High-Speed Internet in Colorado: Biden-Harris Initiative
The Biden-Harris administration is allotting over $826 million to Colorado for high-speed Internet access, a significant step in their ‘Investing in America’ agenda, striving to close the digital divide within the state.
“What this announcement means for people across the country is that if you don’t have access to quality, affordable high-speed Internet service now – you will, thanks to President Biden and his commitment to investing in America,”Secretary of Commerce Gina Raimondo.
Broadband Equity, Access, and Deployment (BEAD) Program’s Influence in Colorado
Colorado’s funding comes from the $42.45 billion Broadband Equity, Access, and Deployment (BEAD) program. The state will administer $826,522,650.41 for local grant initiatives, sparking potential for job creation and sustainable economic expansion.
Accelerating Colorado’s Digital and Economic Progress
This funding will boost digital economy participation, spur local fiber-optic cable production, and stimulate job growth in Internet infrastructure development.
High-Speed Internet: Essential for Today’s Colorado
High-speed Internet is a modern necessity, as noted by Mitch Landrieu, Senior Advisor to the President and White House Infrastructure Coordinator. The Biden-Harris administration’s substantial investment reiterates their commitment to providing Internet access for all Coloradans.
Colorado’s BEAD Funding Allocation
Colorado will receive $826,522,650.41 from the BEAD program. This crucial funding will aid in deploying or upgrading broadband networks, ensuring access to reliable, affordable, high-speed Internet services.
Envisioning the Long-Term: Catalyzing Economic and Social Advancements in Colorado
This investment is anticipated to accelerate economic and social development in Colorado for the foreseeable future. Embedded in the principles of long-termism, the initiative provides immediate enhancements and sketches a blueprint for a more digitally interconnected future for Colorado.
State allocations and funding details
In total $42.45 billion in funds will be allocated to all 50 states, the District of Columbia, and five territories.
A detailed list of funding allocations for each state, D.C., and the territories can be found on InternetForAll.Gov.
Here’s how it breaks down:
|District of Columbia||$100,694,786.93|
|Northern Mariana Islands||$80,796,709.02|
|U.S. Virgin Islands||$27,103,240.86|