Three Ring Binder: Funding sources for the project to bring high-speed internet access to rural Maine

The Three Ring Binder will be funded through a combination of private funding and a federal stimulus grant. The sponsor has applied for a $26 million grant. Total project costs are expected to be $32.5 million. The federal monies will be passed on to rural Mainers in the form of more affordable high-speed Internet service.

The National Telecommunications & Information Agency (NTIA) of the Department of Commerce and the Rural Utility Service of the Department of Agriculture are administering the federal grant portion.

Additionally, several arms of the State of Maine – including the governor, the ConnectME Authority, and the Broadband Strategy Council – are reviewing the Three Ring Binder and more than a dozen other broadband projects. Maine will provide recommendations and guidance as to which projects will be most beneficial, but the final decisions on grant awards will be left to the federal government.



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Funding The Three Ring Binder will be funded through a combination of private funding and a federal stimulus grant. The sponsor has applied for a $26 million grant. Total project costs are expected to be $32.5 million. The federal monies will be passed on to rural Mainers in the form of more affordable high-speed Internet service. The National Telecommunications & Information Agency (NTIA) of the Department of Commerce and the Rural Utility Service of the Department of Agriculture are administering the federal grant portion. Additionally, several arms of the State of Maine – including the governor, the ConnectME Authority, and the Broadband Strategy Council – are reviewing the Three Ring Binder and more than a dozen other broadband projects. Maine will provide recommendations and guidance as to which projects will be most beneficial, but the final decisions on grant awards will be left to the federal government.