The territory will be getting two more federal stimulus grants worth $8.1 million to help promote better broadband services, access and education, the U.S. Department of Commerce announced Monday.
“In a globalized 21st century economy, when you don’t have regular access to high-speed Internet, you don’t have access to all the educational, business and employment opportunities it provides,” U.S. Commerce Secretary Gary Locke said in a statement announcing 35 different grants across the nation. “These critical Recovery Act investments will create jobs and lay the groundwork for long-term sustainable economic growth in communities across America.”
The V.I. Public Finance Authority applied for these particular grants as part of Gov. John deJongh Jr.’s plan to expand the territory’s broadband initiatives, according to a statement from Government House. The funds join another $59 million from two federal broadband grants awarded last month.
to read entire article click here.