NEW ULM, MN – November 22, 2017 –The Minnesota State Department of Employment and Economic Development (DEED) announced Nuvera as one of the companies that will receive state grants for broadband development. Nuvera received two of the 39 grants announced by Lt. Governor Tina Smith at the State Capitol yesterday.
A total of $26.4 million was awarded by DEED with the aim of providing reliable, affordable high-speed Internet to nearly 10,000 households, more than 2,000 businesses and more than 60 community institutions throughout the state.
Nuvera will receive $736,598 of the $1,727,998 total project costs to build fiber connections to homes and businesses in the rural areas of Hanska and White Rock, MN. President and CEO Bill Otis said the company expects the projects to begin in the spring of 2018.
“We’re very pleased that we were selected in the border-to-border grant process,” he said. “We appreciate the support from the local businesses and residents. The grants will be utilized to extend our network and bring broadband services to customers in these rural areas, including providing Gigabit speeds via fiber-to-the home, which will exceed 2026 state speed goals. Broadband access will enable these businesses and residents to use new technology to grow and enhance their businesses and communities.”