Frontier Communications, DISH Network and CoBank Extend Application Deadline for America's Best Communities Contest
December 03 2014 - 12:01PM
Business Wire
More than 100 communities have registered
for 'America's Best Communities' competition
Demand drives extension of deadline for
applications to March 25, 2015
Frontier Communications Corporation (NASDAQ:FTR), DISH Network
(NASDAQ:DISH) and CoBank announced today that the competition
deadline for the America’s Best Communities contest will be
extended to March 25, 2015. Just two months since the launch of the
America’s Best Communities contest, more than 100 communities have
registered to compete for the $10 million of assistance focused on
revitalizing rural America. Those communities — and the hundreds
more eligible — will now have additional time to complete their
full and final applications.
The competition, conceived by Frontier and co-sponsored by DISH
and CoBank, is designed to stimulate growth and revitalization in
small cities and towns across 27 states in Frontier’s footprint.
America's Best Communities contest will help address the need for
growth by identifying and investing in innovative ideas small
cities and towns can use to build and sustain their local
economies. The winning ideas then become available as a roadmap for
growth for all rural communities across the U.S. participating in
the campaign.
"The enthusiastic response from small towns across rural America
compelled us to reexamine the timeline and to extend the deadline
to give all eligible communities the time needed to form teams and
finalize their plans for the America's Best Communities
competition. The response is truly a credit to the spirit of free
enterprise in rural America," said Maggie Wilderotter, Chairman and
CEO of Frontier Communications.
“The America’s Best Communities contest is a fantastic
opportunity to share how small and rural towns are developing
creative solutions for economic and cultural sustainability,” said
DISH CEO and President Joe Clayton. “At its core, the contest gives
voice to the best ways we can help communities across the country
thrive for generations to come.”
“It is truly gratifying to see small and rural communities
galvanize in response to this innovative program,” said Bob Engel,
CEO of CoBank. “This contest is all about unlocking the potential
of rural America’s greatest asset – its people. We applaud those
communities that have registered already, and encourage others to
participate.”
America's Best Communities is a multi-stage, two and a half-year
contest that provides $4 million in seed money and other support to
assist communities as they develop growth and revitalization plans.
The top three communities will receive a total of $6 million in
prize money. Municipalities with populations of 9,500 to 80,000 and
located within Frontier's service areas are eligible to apply.
Those with populations under 9,500 are encouraged to join forces
and collaborate with adjacent communities to become eligible.
Once all applications are in, judges will select up to 50
qualified community applicants to be announced on April 29, 2015,
each of which will be awarded $35,000 to further develop their
plans and proposals. These communities will have six months to
refine and submit their final proposals in November 2015.
Up to 15 semifinalists will be selected in January 2016, and
will attend America's Best Communities summit in the spring of 2016
to present their proposals. There, eight finalists will be selected
and receive an award of $100,000 each. The prize money awarded to
the eight finalists will be used to implement the communities'
proposed plans and bring them to life, while sharing their stories
- and successes - along the way.
The America's Best Communities top three competition winners -
those with the most innovative, effective proposals - will be
awarded $3 million, $2 million and $1 million respectively, in
grand prizes in April 2017.
More detailed information on eligibility and how communities can
apply can be found at www.americasbestcommunities.com.
About FRONTIER COMMUNICATIONS
Frontier Communications Corporation (NASDAQ:FTR) offers
broadband, voice, video, wireless Internet data access, data
security solutions, bundled offerings, specialized bundles for
residential customers, small businesses and home offices and
advanced communications for medium and large businesses in 28
states. Frontier's approximately 17,000 employees are based
entirely in the United States. More information is available
at www.frontier.com.
About DISH
DISH Network Corp. (NASDAQ:DISH), through its subsidiaries,
provides approximately 14.041 million pay-TV subscribers, as of
September 30, 2014, with the highest quality programming and
technology with the most choices at the best value. Subscribers
enjoy a high-definition lineup with more than 200 national HD
channels, the most international channels, and award-winning HD and
DVR technology. DISH Network Corp. is a Fortune 250 company. Visit
www.dish.com.
About CoBank
CoBank is a $102 billion cooperative bank serving vital
industries across rural America. The bank provides loans, leases,
export financing and other financial services to agribusinesses and
rural power, water and communications providers in all 50 states.
The bank also provides wholesale loans and other financial services
to affiliated Farm Credit associations serving farmers, ranchers
and other rural borrowers in 23 states around the country. CoBank
is a member of the Farm Credit System, a nationwide network of
banks and retail lending associations chartered to support the
borrowing needs of U.S. agriculture and the nation's rural economy.
Headquartered outside Denver, Colorado, CoBank serves customers
from regional banking centers across the U.S. and also maintains an
international representative office in Singapore. For more
information about CoBank, visit www.cobank.com.
Frontier Communications CorporationSteve Crosby,
916-206-8198SVP, Corporate CommunicationsSteven.Crosby@ftr.com
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