fibre optics and ethernet cables

Full Fibre is Best

Much like the advice from our nutritionists, full fibre is always the way to go, especially when it comes to broadband, writes Stuart Carson.

Earlier this year, the Government announced a revolutionary scheme which is supporting its commitment to provide the whole country with access to full fibre broadband. The Gigabit Voucher Scheme provides SMEs with access to broadband speeds of up to 1000mbps with a grant of up to £3,000 towards installation costs for both Fibre to the Premises and Leased Lines.

A highlight of the scheme aids multi-tenant locations such as industrial estates, shared workspaces or office blocks, with these businesses able to pool their vouchers together to bring gigabit connectivity to the whole business community. This benefits them by providing access to industry leading broadband speeds thereby improving the digital infrastructure of their community and the desirability of the area within the digital and fintech economy.

This particular Government initiative comes on top of the existing £95 million commitment as outlined in its Spring Statement, and the £150 million investment in Northern Ireland’s broadband infrastructure. This is all on top of the government’s commitment to give everyone in the UK access to high speed broadband by 2020.

While broadband coverage in Northern Ireland is certainly improving, unfortunately an estimated 100,000 business or private properties still do not have access to superfast broadband with areas of Fermanagh and Tyrone still being the worst impacted. With further investment within Northern Ireland’s broadband network, there is the potential to boost the local economy, to a global scale, by up to £1.2bn over the coming 15 years.

Having a reliable and fast internet connection gives businesses of any size the footing required to compete on both the local and international stage, while providing a solid foundation on which to take advantage of exciting new technologies.

There are only 57 suppliers registered as part of this scheme across the UK, delivering full fibre broadband or a dedicated leased line, and Rainbow is one. We work with a range of Tier 1 connectivity suppliers to ensure businesses receive the highest speeds possible at the best possible price, while assisting businesses with the full application process.

To be eligible, businesses must have less than 249 employees, a turnover of less than €50m and a balance sheet under €43m. Businesses applying to the scheme should not have received over €200,000 in public grants over the last three years.

For more information about this Gigabit Voucher Scheme click here, our dedicated technical sales team can answer any questions you may have.

Call us now and find out more