We can help secure RUS and FCC funding!
The FCC is investing BILLIONS in rural broadband.
We are the experts that can help you get funding!
Last week the Trump Administration announces the Rural Digital Opportunity Fund initiative, a reverse auction of over $20 BILLION for fiber broadband in rural areas.
RUS is investing 1.15 BILLION in rural America though the ReConnect Program. Last year CAF II Auction-95% of all of the funding that was won by bidders in the gigabit category was won by electric cooperatives.
Conexon was the largest most successful biding consortium in FCC history, securing more than $186 MILLION and upwards of $200 MILLION for Gigabit capable networks for co-op FTTH projects. 19 co-ops joined our bidding consortium, all were successful and all are building FTTH networks today.
We help co-ops secure funding to offset construction costs, lowering the overall risk for your fiber business to be subsidized by your electric side.
We are already preparing and looks forward to surpassing our success in the CAF II Auction.
Please contact us to learn about joining the next round of funding.
The CAF money changed our economic picture significantly…
… Wood says. “Having that revenue guaranteed for the first 10 years gives us the breathing room to work through growing pains. The biggest benefit is that it offsets the losses in the first few years when otherwise we would be building significant debt to the co-op.
United Fiber won a significant amount in the CAF II auction
This was made possible by hard work, strategy and choosing the right partners. United would not have been successful without the help of the Rural Electric Consortium and Conexon. Working together provided United with the expertise to successfully navigate the action and win over $20 million. This money will change lives in northwest Missouri!” CAF II Award- $20.1 M
Having that revenue guaranteed for the first 10 years gives us the breathing room to work through growing pains.
“The biggest benefit is that it offsets the losses in first few years when otherwise, we would be building significant debt to the co-op.”
CAF II Award — $28.6M
Conexon knows how the auction works…
… which meant we didn’t have to learn all of the aspects. All the legal and advisory services were part of the process with Conexon. It was nice not having to worry about the mechanics of the auction, Jonathan and the team knew how it works, so there was no learning curve. Had we done it by ourselves, I’m not sure we could have gotten our paperwork ready and participated, given our late start.
Conexon was able to walk us through the application process and manage all the milestones
Without the help of Conexon and its experienced staff, PGEC Enterprises, LLC would not have had the opportunity to provide highspeed FTTH internet access to the members of our, currently non served, communities. Conexon was able to walk us through the application process and manage all the milestones for our cooperative. It took close to 20 years to full deploy electricity to our communities nearly 80 years ago. However, with the 15.4M of CAFF funding we have received, we will be able to provide FTTH services to these same locations in only a few years.
The federal compliance and requirements …
…for Internet and voice providers were completely new to us. We felt very comfortable that Conexon could help us set up the process and structures to make sure we were in compliance, and we were very successful in the auction in large part to Jonathan’s knowledge and insights.”
CAF II Award — $28.6M