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.
We are registered suppliers for the Gigabit Broadband Voucher Scheme
Get up to £3000 towards the cost of a Gigabit Broadband connection for your business
DB Group is an accredited supplier of the Government’s Gigabit Broadband Voucher Scheme – offering businesses like yours up to £3,000 towards the infrastructure costs of a gigabit-capable connection, enabling you to make use of these latest technologies and gain a competitive advantage over your competitors.
A Full fibre broadband connection offers the best and most reliable internet speeds available, and the government is committed to a vision of Britain with full fibre connectivity. As part of this commitment, the Government has launched the Gigabit broadband vouchers, that can be used by small businesses to contribute to the installation cost of a gigabit-capable connection.
Businesses can claim up to £3,000 against the cost of connection either individually or as part of a group project.
Who is eligible?
- Your business has up to 249 employees
- Your business has a balance sheet of less than €43 million
- Your business has a turnover not exceeding €50 million
- Your business has received less than €200k in public grants over last 3 years
Connectivity Matters
If your business is already lucky enough to have a gigabit-capable service then the Gigabit Broadband Voucher Scheme isn’t available to you. To be eligible your new connection must:
- DB Group must deliver a minimum of 100Mbps to your premises
- DB Group must offer to double your current speed
- DB Group must install your connection within 12 months of voucher application
Act Quick
The scheme ends on March 2021 or when the £67 million fund runs out, let us start the conversation - no obligations, just get in touch by calling 0330 058 3405 or visit our contact us page here.