Government slashes value of Gigabit Broadband Voucher

As an accredited supplier of the Gigabit Broadband Voucher Scheme, we received an up yesterday announcing that due to high demand the Gigabit Broadband Voucher will be reduced from £3000 to £2500. This change comes in to effect at 17:00 on the 26th of November and the new terms shall not be applied retrospectively. Meaning you still have a window of opportunity to order your new Gigabit Broadband and still receive maximum funding - act fast.

Mike Cherry, FSB National Chairman, said:

“Access to good broadband is vital for small businesses across the UK, and with the clock ticking on this scheme, it’s important small businesses don’t delay if they want to apply for funding.”

The Government Broadband Voucher Scheme may just have been a victim of its own success. Originally the broadband scheme was funded to the tune of £67 million, which was expected to run out in 2021. Due to the initial popularity, the Government have already issues more than 7000 vouchers. The GBVS team now anticipate the fund being depleted in late 2019 or early in 2020 - over a year ahead of the intended end date.

Margot James MP, UK Minister for Digital, said:

“Our modern Industrial Strategy is clear on the importance of connectivity, as we build a full fibre Britain that is fit for the future. These vouchers provide practical and immediate help to firms struggling with slow broadband speeds. I encourage small businesses around the UK to apply now.”

With these changes being made, the Government now expects the GBVS to help an additional 1000 businesses become Gigabit ready. DB Group can offer honest, impartial advice with no obligations, let's start the conversation, give us a call today on 0330 058 3405.