The Gigabit Broadband Voucher Scheme and what it can do to support your business
With ever changing technology and revolutionary changes to how businesses communicate both with customers and staff, Internet connectivity is as fundamental to a business’ success as the telephone has been over the past quarter of a century.
The problem many smaller businesses encounter is that they are limited to the investments they can make in leading technology, whether this be due to restrictions based on location or simply due to costs.
About the Scheme
Pure are delighted to be supporting the Gigabit Voucher Scheme, launched by the government as part of their Local Full Fibre Networks Programme and is aimed at supporting businesses with up to 249 employees and a balance sheet of up to €43m.
The scheme aims to accelerate the roll-out of Gigabit-capable connections to business customers by making the switch to full-fibre more affordable. Vouchers are available ranging between £500 and £3,000 to support the capital costs of getting a gigabit capable connection.
What is a gigabit connection?
The UK now has 95% coverage for superfast broadband with speeds of 24 megabits per second or higher. However, most superfast connections still depend on copper telephone wires, which are limited in the speeds they can support. For the fastest and most reliable broadband, capable of delivering gigabit speeds, a full fibre connection is required.
As part of the governments commitment in March 2018 phase two of the scheme was announced with a further £67m allocated to the Gigabit Broadband Voucher Scheme. Check out the list of registered suppliers in your area.
Are you Eligible?
Vouchers are available ranging between £500 and £3,000 to support the capital costs of getting a gigabit capable connection. The criteria is as follows:
Vouchers help support the capital costs of delivering a new gigabit capable connection to your business premises. If you already have a gigabit capable connection you are not eligible for a voucher. Your new connection must have a minimum speed of 100mbps and represent at least a doubling of speed compared to the service you have now.
Vouchers are available now and will end once the Government have issued the full £2 million fund to businesses or by March 2019, whichever comes first.
Business vouchers are worth between £500 and £3,000. If your new connection costs less than £500, you will not be able to claim a voucher. If the cost of providing a connection is more than £3,000 then you can “top up”. No VAT or monthly charges will be paid. Other conditions apply – see Terms and Conditions for full details.
A number of businesses also opted to pool their vouchers to improve local infrastructure in areas where high-speed connections were previously unaffordable or unavailable, providing long-term service improvements and cost reductions.
Speak to our Specialists at Pure who can advise you further on how to do this.
Why go Gigabit?
Full fibre networks are the future and getting ready for a gigabit speed is a key step for most businesses.
Optical fibre-based networks are faster, more reliable, easier to upgrade and set the gold standard for connectivity. Demand for greater and greater digital connectivity in terms of speed and reliability is set to grow exponentially in future years.
Connections delivered wirelessly also rely on a huge and robust optical fibre network to work efficiently, including 5G connectivity which will also require a future-proofed approach.
What to do now
If you want a gigabit capable connection and are in one of the participating areas check out the list of registered suppliers in your area.
- Contact a registered supplier – Pure can be found in the list of registered suppliers
- Agree to have a new connection installed
- Confirm that you are an eligible business
- Get Ready – Get Connected
This is a Government scheme so terms and conditions apply.
If you interested in receiving information about this scheme but are not currently based in any of the available areas you can register your interest here. We will contact you if the scheme becomes available in the future.