NEW ULM, MN – January 24, 2020 – 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 30 grants across the state.
A total of $23,270,933 was awarded by DEED with the aim of providing reliable, affordable high-speed Internet to more than 10,900 businesses, homes and community institutions throughout the state.
In a public-private partnership, Nuvera was awarded $730K and is matching an additional $1.2M, for a total of $2M in local community investments. $910K will be used to build fiber connections to homes and businesses in rural areas near Hutchinson including Cedar Mills Township in Meeker County, and Boon Lake and Brookfield Townships in Renville County. $1.1M will be used to build fiber connections in a rural Brown County area near New Ulm. President and CEO Glenn Zerbe confirmed the projects will be scheduled in the spring of 2020.
“We are very grateful to be selected in the border-to-border grant process,” he said. “The grants will be utilized to extend our network and bring reliable, affordable broadband services to customers in these areas, including providing Gigabit speeds via fiber-to-the home, which will exceed 2026 state speed goals.”
Nuvera is a well-established communications company with headquarters in New Ulm, MN that provides Internet, digital TV, voice, Managed Services, computer sales and computer repair services. Nuvera sells and services cellular phones and accessories and customer premise equipment. Nuvera has customer solutions centers in the Minnesota communities of New Ulm, Glencoe, Goodhue, Hutchinson, Litchfield, Prior Lake, Redwood Falls, Sleepy Eye, and Springfield as well as Aurelia, Iowa. Nuvera also operates TechTrends, a technology retail store, located in New Ulm. In addition, Nuvera offers television and Internet services in Cologne, Mayer, New Germany and Plato MN. Nuvera also holds partial ownership in FiberComm, LC, based in Sioux City, Iowa.
Nuvera Communications, Inc. is a publicly held corporation. For more information on the company or purchasing stock, visit nuvera.net.