Business View Magazine | July 2022

93 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 7 companies get paid as projects reach certain milestones. Only then does a grant get issued.” Once again demonstrating his can-do attitude, Kyle reached out to a few people to see what could be done about this challenge. “Private equity is more than being willing to step in but, in exchange, they ask for a piece of your company, potentially diluting your ownership,” Kyle says. “Banks, on the other hand, see construction as the riskiest stage of a fiber project. So, I started a fund that pulls money together from accredited investors and then uses that money for construction loans. This bridges the gap between when somebody gets awarded a grant and when they can actually receive it.” One of the benefits of Kyle’s new funding mechanism was the way it mitigates some of the downsides of public grants. “When a business wins a grant, they get a target painted on their back,” he explains. “The grant issuance is shared as public information, so bigger companies can see who receives the grant, what area the grant is in, and then they can effectively come in and build in an area that otherwise they weren’t going to build in. We’ve now funded 11 projects in nine states and the fact is, the first to market will win. By funding these projects, helping with the grant writing, the feasibility studies, the MI LLENNIUM Location intelligence is fundamental to effective network management for all telecommunications service providers. Esri’s ArcGIS delivers location intelligence that supports comprehensive understanding and intelligent decision- making. By leveraging ArcGIS, teams are best prepared to meet today’s demands and achieve the organization’s next generation network initiatives. To meet customer demand and ensure long term success, organizations need to modernize how they do business and deliver more support for the people, processes, and systems that maintain and manage telecom networks. Esri’s ArcGIS technology can help communications service providers (CSPs) optimize their resources using location intelligence and GIS. ArcGIS unifies operations and business support systems (OSS/BSS) through a common understanding of location and maps while enhancing situational awareness through real- time network and field operations. With ArcGIS, communications service providers (CSPs) can use new tools for planning, design, and engineering. Leaders can reduce time to market through remote engineering and maintain better project operational awareness as they invest in and build out 5G, DOCIS 4.0, software-defined networks (SDN), and expanded fiber to deliver next gen networks. ArcGIS technology provides the essential tools to identify mission- critical market opportunities and assess existing capacity, helping decision- makers invest where they can maximize their return on investment (ROI). ...... For more information, please visit our website www.esri.com/telecom