What can the Gigabit Broadband Voucher Scheme do to support your business?
Pure are delighted to be supporting the Gigabit Voucher Scheme.
With evolving technology and revolutionary changes to how businesses communicate with customers and staff, internet connectivity is now fundamental to business success.
Many smaller businesses feel the need to invest in leading technology but they can experience limitations based on the cost or their location.
About the scheme
Launched by the government as part of their Local Full Fibre Networks Programme, the scheme supports businesses with up to 249 employees and a balance sheet of up to €43m.
The initiative 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. Most superfast connections still depend on copper telephone wires and are therefore 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.
One gigabit is the same as 1,000 megabits – so it’s a big leap forward in connection speeds that could benefit you and your business. Full fibre also supports symmetrical connections – meaning your upload and download speeds can be the same.
Are you eligible?
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.
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.
Improve local infrastructure
A number of businesses 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.
What to do now
Vouchers will end once the Government have issued the full £2 million fund to businesses or by March 2019, whichever comes first.
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 below. Please fill in as much information as possible and we will contact you if the scheme becomes available in the future.
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