Print
Technology

CloudWyze Receives $1.5M Grant To Expand Internet In Halifax County

By Johanna Cano, posted May 14, 2019
With a recently awarded $1.5 million state grant, locally based firm CloudWyze Inc. will expand internet service in Halifax County, one of the state’s most economically disadvantaged counties, in hopes of closing the digital divide in that area.

“A big part of who we are and what we do has been focused on getting service in the rural communities,” said Shaun Olsen, president and CEO of CloudWyze.

The grant, announced last week, is part of the state’s Growing Rural Economies with Access to Technology (GREAT) program, which provides matching grants to internet service providers and electric membership cooperatives that provide funding to lower financial barriers that prevent high-speed internet expansion in Tier 1 counties, stated a news release.

Tier 1 counties are the most distressed counties in the state determined by average unemployment rate, median household income, percentage growth population and adjusted property tax base per capita, according to the N.C. Department of Commerce website.

The GREAT Grant was awarded to 21 applicants in 19 counties who received a total of $10 million.

“Access to reliable, high-speed internet service is critical for businesses to grow, students to learn, and communities to thrive,” said Gov. Roy Cooper in the release. “These grants will help connect thousands of homes and businesses with opportunities across the state and around the world.”

CloudWyze has the goal of delivering internet service to 1,000 homes without service in Halifax by the time the project is completed in about 14 months, Olsen said.

There's a vast number of counties in North Carolina that have very limited internet service, which is creating a big issue, he said.

This grant follows CloudWyze’s $2 million government contract in Nash County, announced last year, which also seeks to deliver internet service to underserved areas.

“When we first started the organization, one of the biggest issues that we had was access to quality bandwidth,” Olsen said. “We were approached by the state, as well as a few other counties, to come take a look at some of these other counties that had no access to service. We started discussions with those counties and started to research more into the challenges that these counties were having.”

CloudWyze put together a business model to develop public-private partnerships, he said.

With those two projects underway, CloudWyze plans on hiring additional employees.

“We expect to bring about three to five jobs to our area over the next 12 months and then, three to five in those communities,” Olsen said. “We also have some offices that would open up in those areas, that would have about three to five folks there as well.”

CloudWyze has been in the process of moving from its Leland location at 503 Olde Waterford Way to downtown Wilmington at 720 N.Third St. after being displaced by Hurricane Florence in September last year.

The business technology and internet service provider currently has 12 full-time employees in the area.

“There is a digital divide between counties and communities that have service and those that don't,” Olsen said. “We've made it our mission to help close that divide.”
Ico insights

INSIGHTS

SPONSORS' CONTENT
Robindavisccu1 1011944433

Is A HELOC Right For You?

Robin Davis - Corning Credit Union (CCU)
Lynnwhitesellheadshot

Executive Coaching: Helping Successful Leaders Become More Successful

Lynn Whitesell - Harris Whitesell Consulting
Leath 683x10242

How to Avoid A Nightmare Holiday Party

Lisa Leath - Leath HR Group

Trending News

White, Olson-Boseman Talk Hospital, Unlikely Partnership At Power Breakfast

Cece Nunn - Dec 12, 2019

Local United Way CEO Retires

Cece Nunn - Dec 11, 2019

With New Record, ILM Eyes 1M Passengers For 2019

Christina Haley O'Neal - Dec 11, 2019

In RiverLights, Firm Buys Land For 250 Apartments

Cece Nunn - Dec 12, 2019

Midtown Center Welcomes New Tenants, Revamped Store

Cece Nunn - Dec 13, 2019

In The Current Issue

Retirees Influence Commercial Real Estate

The retiree demographic, and the increase in population that results, has implications for the commercial real estate market in the Wilmingt...


Can Tech Giants Break The Bank?

Are tech companies aiming to supplant banks, or are they moving into the realm as partners with established banks to help banks improve thei...


Retired Leader Reflects On Service

Ann Hardy, who recently retired as manager of Brunswick County and received the Order of the Long Leaf Pine in October, looks back on her ca...

Book On Business

The 2019 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2019 Health Care Heroes
August 26, 2019 Power Breakfast: A Healthy Sale?
2019 WILMA Leadership Accelerator
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`