The Duluth News Tribune reports…
There was much fanfare in late January when Gov. Tim Walz rolled out $23 million in rural broad grants.
But what does that mean for businesses?
Access to high speed internet is paramount for rural small businesses, Business News Daily reports. Quicker internet may speed up production for some businesses.
The National Federation of Independent Businesses points out another factor that comes with increasing rural broadband: businesses’ investment in new cities.
Larger companies may select to invest in towns with higher internet speeds as it impacts their ability to translate large amounts of data, according to the NFIB.