New York City launched its ConnectNYC competition Friday, which promises to...
New York City launched its ConnectNYC competition Friday, which promises to install $12 million worth of free fiber for winning small and medium-sized businesses, said Mayor Michael Bloomberg (http://xrl.us/bnvhna). “We need to make sure New York City’s wiring is competitive…
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with other cities,” Bloomberg said in a statement. The $12 million cost for these two years of free connection will be provided by Time Warner Cable Business Class and Cablevision, according to the city. The funding is committed as “part of their recent cable television franchise renewals,” the mayor added. The competition’s application process started Friday and continues through Nov. 27 and winners will be announced in early 2013, the mayor said. The New York Economic Development Corp. and the start-up ChallengePost are running the competition, according to the city. “Contestants demonstrating the highest potential impact of fiber connectivity -- on their own business, nearby businesses, and underserved areas -- will become finalists,” Economic Development Corp. said on an official blog (http://bit.ly/Rptv8W). “Potential winners will be required to sign a one-year service contract with a participating ISP at negotiated market rates before they are eligible to receive a free fiber build-out.” The city expects to connect 100 businesses in the next year and 240 over the next two, it said.