BEAD Funding Program
The $42 Billion Jackpot
The Broadband Equity Access and Deployment Program is releasing $42 Billion to help subsidize broadband internet development in rural areas across America.
In 2023, The Broadband Equity Access and Deployment (BEAD) program was created by the US Government to allocate a budget of $42.45 Billion to reshape the landscape of internet accessibility, economic empowerment, and educational advancement for underserved & rural areas across the America. The program’s goal is to provide high speed internet to areas that are underserved.
For everyones convenience, we have a centralized dashboard to help track how BEAD Funding eligible entities are progressing through the required milestones that are required to receive a piece of the $42 Billion Jackpot. This is a two-phase process with 10 milestones. Proposals were are reviewed by the National Telecommunications & Information Administration (NTIA).
56/56 Eligible Entities have submitted Initial Proposal Correction Letters to NTIA.
36 out of 56 states and territories have now submitted their Final Proposals for review. NTIA has committed to completing its review of the Final Proposals within 90 days of submission. The remaining 20 eligible entities have been granted short-term extensions and will be submitting their Final Proposals in the coming weeks.