The Nationwide Gigabit Broadband Voucher Scheme (GBVS) is part of a government plan to get more businesses connected to full fibre broadband. It will provide vouchers worth up to £2,500 for small or medium-sized firms to help with the costs of connecting to the service.
The scheme was initially expected to run until March 2021, but high demand for vouchers means that funds are now expected to be committed a year earlier, and perhaps even sooner if the current success of the scheme continues to grow.
As a result of the success of the scheme, the value of vouchers has just been reduced.
The scheme is open to small and medium-sized businesses across the UK with 249 employees or less and a balance sheet of less than €43 million or a turn-over of less than €50 million.
Vouchers are available to customers of broadband suppliers who have registered for the scheme. You can check here if you have a supplier in your area via this LINK.
Businesses that already have a gigabit capable connection are not eligible for a voucher.
Vouchers will support the capital costs of delivering a new gigabit capable connection to a business premises. The new connection must have a minimum speed of 100 mbps and represent at least a doubling of speed compared to the service the business currently has.
The initiative will only support the costs of broadband products that meet the step-change, performance and consumption requirements of the scheme.
The scheme will be open until all available funding has been allocated.
For further information on how to obtain this grant locally, visit the GOV.UK website or contact:
The Department for Digital, Culture, Media and Sport (DCMS)
100 Parliament Street
Tel: 020 7211 6000