Gigabit Broadband Voucher Scheme achieved 3660 connections

Gigabit Broadband Voucher Scheme achieved 3660 connections

The Government’s Gigabit Broadband Voucher Scheme has completed one year since its launch. The scheme worth £67 million that offers vouchers worth upto £2500 to the businesses and residents in getting connectivity of 1 Gbps based broadband connections. And now the voucher scheme has achieved in creating 3660 connections valued at £8,756,443. Last year in March 2018, the Gigabit Broadband Voucher Scheme was actually introduced under the Local Full
Fibre Networks programme.

These vouchers can be availed by the businesses in getting a new connection of leased line or FTTP to be installed upto £2500 and residents can get upto vouchers worth £500. The scheme is mainly focused on businesses and the residents can only get benefited as part of the local community consisting of small businesses.

The Department of Digital, Culture, Media & Sport has informed that the scheme has achieved a total issue of 3660 connections worth £8,756,443 among which the business beneficiaries are 3,162 (worth £8,507,443) and the residents beneficiaries are 498 (worth £249,000).
The scheme helped the Government in achieving their aim of bringing 1Gbps+ based full fibre broadband network to reach 10m premises by the year 2022, 15m in 2025 and aspiring to cover nationwide coverage in 2033.

Actually the scheme was in the beginning expected to run until March 2021. Due to high demand for the scheme, the funds are getting reduced year by year even earlier in 2020 as reported by the Government. Hence the maximum ceiling of voucher has been reduced from £3000 to £2500 now and asking the applicants to manage the funds from neighbouring businesses to combine their vouchers.

Until now, the demand is high in the South West, then South East, Yorkshire and the North West of England.

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