Tennessee\u2019s independent and cooperatively owned broadband providers are investing in the state\u2019s economic future, and it is paying off.<\/p>\n
Tennessee Gov. Bill Lee and Economic and Community Development Commissioner Bob Rolfe announced eight site development grants totaling more than $2.3 million, with half of those in areas served by Tennessee Broadband Association (TNBA) members.<\/p>\n
\u201cWe know from experience that the accessibility of broadband is a key component in attracting industry,\u201d said TNBA Executive Director Levoy Knowles. \u201cBroadband is vital as we work to rebound the economy during this COVID-19 pandemic, and these sites were selected in no small part because of the work our members do every day to connect these communities to broadband.\u201d<\/p>\n
Grants include:<\/p>\n
\u201cThese funds will continue to help Tennessee communities attract jobs and enhance the quality of life for their residents,\u201d Gov. Lee said in a news release announcing the grants. \u201cI congratulate the recipients and thank them for their efforts in building and growing businesses here in Tennessee.\u201d<\/p>\n
The grants are designed to help communities achieve Select Tennessee site certification and prepare industrial sites for economic development projects. Select Tennessee certification helps market industrial sites that meet program criteria.<\/p>\n
\u201cAs we recruit new industry and support the growth of existing Tennessee companies, it is critical for us to have a robust inventory of shovel-ready sites,\u201d Rolfe stated in announcing the grants.<\/p>\n
The Site Development Grant program is part of the Rural Economic Opportunity Act and works in tandem with the Department of Economic and Community Development\u2019s Select Tennessee program. Since 2016, the program has awarded 100 Site Development Grants totaling nearly $35 million in assistance to local communities.<\/p>\n
Others receiving grants include:<\/p>\n