OK the press release didn’t include a direct connection to broadband – but it’s not a big stretch to add it in. The scoop is that there’s a big Rural Opportunity Investment Conference (ROI) happening this week to encourage public and private investment in rural economic development. For investors it’s an opportunity for new markets; for economic developers and businesses, it’s a new investment pool…

In conjunction with this event, the White House Rural Council is announcing a $10 billion dollar investment fund to promote rural economic development. This fund will continue to grow the rural economy by increasing access to capital for rural infrastructure projects and speeding up the process of rural infrastructure improvements. The fund is immediately open for business and more investors can now add to the initial $10 billion in available capital.

The White House Fact Sheet includes more info on this fund as well as details on others that may be of interest.