Municipal Broadband Loan Lower Saxony
The Municipal Broadband Loan Lower Saxony is a loan program by NBank designed to promote fiber-optic based network expansion in underserved areas. It supports municipalities in establishing modern broadband networks in so-called "white NGA spots." The program offers low-interest and long-term financing, covering up to 50 percent of the eligible passive network infrastructure costs.
Who is funded?
The Municipal Broadband Loan Lower Saxony specifically supports municipal local authorities in Lower Saxony with investments in the expansion of their broadband networks. The funding focuses on regions that are currently underserved and where private telecommunications companies have no self-financed expansion plans. The goal is to ensure access to modern and future-proof broadband networks for private and business customers alike.
What is funded?
The Municipal Broadband Loan Lower Saxony focuses on investments in the passive network infrastructure of broadband networks, which must meet certain technical standards. Active network components are not funded, and the operation of the networks must be carried out by a private company.
Type and Scope of Funding
The Municipal Broadband Loan Lower Saxony offers low-interest and long-term loans covering up to 50% of eligible project costs. The loan conditions are flexibly designed to meet the specific needs of municipal investments.
Conditions and Requirements
To receive the Municipal Broadband Loan Lower Saxony, various legal, technical, and organizational conditions must be met. These include requirements regarding the funding area, network characteristics, as well as ensuring competition and compliance with municipal law provisions.
Application Procedure
The application procedure for the Municipal Broadband Loan Lower Saxony is structured in several steps and requires the careful submission of specific documents to NBank. Early contact is recommended.
Legal Basis
The Municipal Broadband Loan Lower Saxony is based on specific product information and is embedded within a comprehensive legal framework. This ensures the legitimacy and orderly execution of the funding program, considering relevant municipal and budgetary legal provisions.
Similar Programs
No similar programs found.
Funding Overview
Funding Status:
Open
Maximum Amount:
up to 50 percent of eligible project costs
Award Channel:
Demand Driven Scheme
Region:
Lower Saxony (Germany)
Sectors:
Information and Communication Technology, Construction and Building Materials, Transportation and Logistics, Energy Production and Supply, Water and Waste Management
Beneficiaries:
Municipal investments in broadband networks
Application Type:
Single Applicant
Funding Stages:
Infrastructure, Implementation
Funding Provider
Program Level:
Regional
Funding Body:
Lower Saxony Ministry for Economic Affairs, Transport, Building and Digitalization
Managed By:
Investment and Development Bank of Lower Saxony (NBank)
Additional Partners:
Broadband Competence Center Lower Saxony (b|z|n)