Posted by: Ann Treacy | April 30, 2010

Good math news for Round Two ARRA applicants

I thought the last batch of Round One ARRA award announcements might be the last. It looks as if that suspicion has been confirmed. According to Telecompetitor (and thanks to Ann Higgins for passing it on), that was the last batch of Round One awards.

Also according to Telecompetitor…

The nine new grants bring the total value of awards made by the NTIA in Round 1 to $1.2 billion. Considering that the NTIA was charged with awarding a total of $4.7 billion in two funding rounds, that leaves more than half for the second round.

So that’s good news for anyone who’s in the hopper for Round Two funding. First – there’s more money to be spent. Second, fewer folks have submitted applications.

According to my own tally, this is how Minnesota did:

  • Total loans: 31,939,636
  • Total grants: 87,438,857 ** however that includes 47,778,669 in funds that go to multi-state projects; so 39,660,188 is going more directly to Minnesota

Responses

  1. [...] a different name. I had checked into this a couple of weeks ago too to find out that there were fewer applicants and more money on the offer in Round Two. ) Some applicants felt that they no longer qualified – such as [...]


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