NTIA has allocated $1204M in BEAD funding to Mississippi.
The Broadband Expansion and Accessibility of Mississippi (BEAM) fund is a new competitive grant program designed to fund three types of broadband investments: large scale projects, line extensions, and community based broadband projects. The BEAM fund will prioritize last-mile fiber applicants for the large scale and line extension projects and will prioritize high-speed, reliable internet to downtown commercial areas for the community-based broadband projects. The program is designed to provide internet service with speeds of 100/100 Mbps upon project completion. The program received over $150 million from the Treasury Capital Projects Fund.