The Government allocated an initial €275 million in the Capital Plan published in September 2015, for the initial years of the network build-out for the National Broadband Plan State intervention. The €275m represented an initial stimulus, in the knowledge that significant further funding will be required over the lifetime of the proposed 25 year contract.
In addition, the European Regional Development Fund has committed €75 million funds to the NBP State led intervention as part of its 2014-2020 Operational Programme.
The total State subsidy to be allocated to the NBP State-led Intervention will be determined on completion of the procurement process.