15 CAR § 189-307 – Securing local resources

(a) Project organizers may make efforts to secure resources locally to help support the project.
(b) A municipality or county wanting to apply for Arkansas Rural Connect funding may assess what funds it has available that might be contributed to the project.
(c) Local businesses and other anchor clients may be contacted to see whether they might join the project in the role of stakeholders and commit funds.
(d) The ISP itself shall consider whether the anticipated net income resulting from the project justifies the ISP in making a commitment to private coinvestment, and if so, how much.
(e) Funds distributed through federal universal service programs, if they have not already obligated the ISP receiving them to deploy broadband as defined here (especially 25/3 speeds), may also contribute to the overall financing of an ARC grant project, reducing the state grant needed.