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Hard data and our personal experiences prove that America’s small towns are diverse and dynamic, home to people of all races and ethnicities. In fact, more than 22% of people living in rural America are people of color.
But it’s dangerous to think that Zoom Towns on their own will actually create inclusive and sustainable rural economies. Economic success is not just an infusion of money and people parachuting in.
Fiber-to-the-Home (FTTH) networks have the fastest speeds, the highest quality connectivity, and often the lowest costs in the long run. With a 15 to 20 year perspective, fiber networks are almost always the way to go.
Both communities participated in the second cohort of the Rural Innovation Initiative, a technical assistance program empowering rural communities as they execute on innovation hub strategies.
While rural communities don’t always have the pre-existing angel networks of a tech hub like Boston, with the right approach, community leaders can identify potential investors and turn their passion for place into a launching pad for local startups.