NTIA Should Remove Letter of Credit Requirement in BEAD Program, Event Hears

Expanding available alternatives to letters of credit will increase the availability of BEAD for small and minority-owned businesses.

NTIA Should Remove Letter of Credit Requirement in BEAD Program, Event Hears
Screenshot of Elizabeth Bowles of Aristotle ISP

WASHINGTON, May 17, 2023 – The National Telecommunications and Information Administration should not require a letter of credit for its grant programs because it squeezes out small and minority-owned service providers, agreed industry leaders in a Broadband.Money event Wednesday.

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