Gigabit connection funding set to unlock business growth in Bristol - Business Leader News

Gigabit connection funding set to unlock business growth in Bristol

Gigabit connection Bristol

SMEs in Bristol can now apply for up to £3000 in grant funding to give their business broadband a Gigabit boost, thanks to a new voucher scheme launched this month.

Businesses operating in Bristol will be able to secure an affordable connection with free installation to their CityFibre-built and operated local full-fibre network.

The scheme from the Department of Digital, Culture, Media and Sport (DCMS) will benefit businesses previously unable to access full-fibre due to costs – giving them access to transformative gigabit speeds and near limitless bandwidth.

This will help drive greater efficiency, productivity and competitiveness within businesses while also accelerating the roll-out of full-fibre infrastructure across Bristol and the rest of the UK.

Speaking of the move, Rob Hamlin, Commercial Director at CityFibre, said: “Businesses have never been more dependent on internet connectivity than they are today. Copper or fibre to the cabinet services have become a bottleneck to business productivity and only a full-fibre connection delivers the speed and reliability they need to thrive.

“The new Gigabit Broadband Voucher Scheme represents a great opportunity for SMEs to future-proof their businesses and unleash the potential of full fibre. Talk to your service provider or register your interest with us today to take advantage.”

Bristol became a Gigabit City in 2016 with the construction of a new full-fibre network spanning 69 km from Filton to Almondsbury and across the city centre.

The network is now within reach of hundreds of businesses and many are already connected and enjoying the benefits of next-generation connectivity.

Businesses eligible to apply for a Gigabit Voucher must employ no more than 249 people, have an annual turnover below €50 million and/or balance sheet below €43 million. The business must also not be a subsidiary and/or under the control of a larger SME entity.