ConnectNYC, an initiative that upgrades over 200 companies with free fiber cable wiring, launched recently. According to the NY Daily News, businesses from all five boroughs that are interested in the upgrade can enter a contest hosted by the NYC Economic Development Corporation. Approximately $12 million worth of upgrades are being given away, about $500,000 per business. Winners from the contest will be chosen based on a set of criteria, like how the upgraded connectivity will help them and their immediate community. The initiative is a part of Mayor Bloomberg‘s plan to increase city-wide connectivity.
The bill will be paid by Time Warner Cable and Cablevision, who will also set up the wiring for the businesses. In order to be eligible to apply, the said business must have fewer than 100 employees and will be required to sign a contract with either Time Warner or Cablevision. Those interested can apply at NYCFiberChallenge.com.