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Investor Presentaiton

Digital Equity Act created three programs to promote digital equity and inclusion DE Funding Pool $2.75B Objective: How can we ensure all communities are able to participate and meaningfully use high- speed internet? The Digital Equity Act created three programs: . • . SOUTH DAKOTA GOVERNOR'S OFFICE OF R SOUTH DAKOTA DEPT. OF LABOR ECONOMIC DEVELOPMENT & REGULATION State Planning: $60M formula funding program to develop digital equity plans State Capacity: $1.44B formula funding program to implement plans & promote digital inclusion Competitive: $1.25B to implement digital equity and inclusion activities Example eligible uses of funds: ● • Developing DE plans; states develop a plan to be eligible for state grants Implementing digital equity plans and related activities Making awards to other entities to help make digital equity plans Providing digital literacy and digital skills education Improving accessibility and inclusivity of public resources Facilitating the adoption of high-speed Internet 2022 2023 Planning App 1-year State Planning 2024 2025 2026+ State cap. app 5-Year state capacity implementation 5 Comp. app Final Proposal
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