The September 30, 2022, application deadline for the Enabling Middle Mile Broadband Infrastructure Program is just days away. Our aim is to help applicants submit complete, informed, and high-quality applications. This post focuses on the Budget Information section.
So here’s how to Be Complete and Score Big!
The Budget Information section is the third major section of the application. It is where applicants will have the opportunity to showcase their financial success as well as the sustainability of their project.
Another component relevant to this section is the “Letter of Credit.” The Letter of Credit is not required at this point in the application process, but a letter from a bank, whereby the bank commits to making a Letter of Credit available if your application is selected for award, is required. The objective is to review financials that show success and a pro forma to demonstrate that this project has sufficient resources to complete the project.