TMCnews Featured Article
March 18, 2009
CSMG Offers Broadband Stimulus Application Support
By Gary Kim, Contributing Editor
CSMG, the strategy division of TMNG Global (News - Alert), a leading provider of management consulting services to the communications, media and entertainment industries, has announced a targeted initiative to support clients seeking funding from either the National Telecommunications and Information Administration or Department of Agriculture Rural Utilities Service portions of the "broadband stimulus" bill ederal broadband stimulus programs.
The American Recovery and Reinvestment Act provides $7.2B in grants and loans for domestic broadband projects that extend or enhance broadband service availability. CSMG is prepared to serve companies seeking to apply for these funds through strategic, public good and economic analysis, business case development, operational planning, and grant application development.
The division will support clients to develop detailed grant applications addressing a number of key questions. Applicants must provide evidence of Which geographies and communities are most underserved? What is the level of competition and market need? Which technologies should be employed? What are the optimal economic and operational models?
CSMG also will provide business case analysis. What are the capital requirements? How much funding is required from the government? How much is private? What are the operating expenses and forecasted returns? Is the project one that is viable and sustainable after government support? Is it clear that the project needs public support to be commercially viable?
In addition, CSMG will help applicants outline the benefits for the community, the number of new jobs that might be created because of the proposed projects and what the broader economic impact might be.
CSMG is able to support application development on a turnkey basis in conjunction with its legal and network design partners or flexibly execute specific elements of each application as required by clients, the firm says.
Gary Kim (News - Alert) is a contributing editor for TMCnet. To read more of Gary’s articles, please visit his columnist page.
Edited by Jessica Kostek
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