America’s Best Communities Competition Welcomes The Weather Channel
April 02 2015 - 2:27PM
Business Wire
The Weather Channel joins Frontier, DISH,
and CoBank to sponsor $10 million competition to revitalize small
towns and rural communities
America’s Best Communities Competition today announced that The
Weather Channel is joining Frontier Communications, DISH Network
and CoBank as a sponsor of the America’s Best Communities
competition, a $10 million competition to revitalize small towns
and rural communities.
Conceived by Frontier Communications and co-sponsored by DISH
Network and CoBank, The Weather Channel now joins the America’s
Best Communities team to support and jumpstart development and
investment in small cities and rural towns across Frontier’s
27-state footprint. After the competition was launched on Sept. 10,
2014, communities across the country are dreaming big and
submitting their best ideas to accelerate the revival of their
local economies and foster sustained growth.
On April 29, 2015, America’s Best Communities will announce the
50 community quarterfinalists in the contest. Each community will
receive $50,000 to develop a comprehensive Community Revitalization
Plan and will be partnered with a large corporation who will help
them with their plans. The community best able to envision and
implement their revitalization plans will be awarded $3
million.
Frontier Communications CEO Maggie Wilderotter said, “As
the largest broadband communications company focused on serving
rural America, we launched the America’s Best Communities
competition to serve as a catalyst for economic revitalization in
the small towns and cities across our footprint. The Weather
Channel, our newest partner, is intimately familiar with our
nation’s small towns and is committed to serving these communities.
The Weather Channel teams visit countless rural communities across
the country to inform, educate, and help them prepare for and
recover from life-changing weather events. This commitment to the
hardworking men and women of rural America runs deep, and we are
excited to welcome the Weather Channel as a new sponsor of the
contest.”
“The Weather Channel recognizes the critical role our nation’s
small towns and rural communities play in the economic health and
well-being of our country. We welcome this opportunity to join with
like-minded companies to offer support and investment that will
stimulate economic recovery,” said David Kenny, Chairman and CEO
of The Weather Company. “We know from our experience over the
years with live and localized coverage that a thriving local
community is an essential ingredient for success and we look
forward to partnering with Frontier Communications, DISH Network
and CoBank in the ABC Prize competition and contributing to the
economic revival of rural America.”
“At CoBank, we believe the strength, security and economic
well-being of our entire nation are dependent upon a strong rural
America,” said CoBank CEO Bob Engel. “America’s Best
Communities will ramp up rural America’s economic vitality for
years to come. We're excited to partner with The Weather Channel to
advance the growth and development of rural communities.”
America’s Best Communities, a multi-stage, three-year
competition, will provide $4 million in seed money and other
support to assist communities as they develop their
revitalization plans. The top three communities will receive a
total of $6 million in prize money. The contest’s deadline for
applications was March 25. After an independent group of expert
judges reviews the applications received, 50 quarterfinalists will
be announced on April 29, 2015.
The 50 quarterfinalist communities will have six months to
refine, sharpen and submit their comprehensive plans to be
considered for additional investment. All 50 quarterfinalists will
have a large sponsor company that will help them improve their
plans and with implementation. In early 2016, 15 semifinalists will
then be selected to attend the America’s Best Communities
summit to present their strategies, with eight finalists then
awarded $100,000 to continue implementation of their plans.
In April 2017, America’s Best Communities will name its
three competition winners — those with the most innovative
proposals being effectively implemented. The winning community will
be awarded $3 million, with $2 million for second place and $1
million for third.
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 17,400 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 13.978 million pay-TV subscribers, as of
Dec. 31, 2014, with the highest-quality programming and technology
with the most choices at the best value. Subscribers enjoy a high
definition line-up with more than 200 national HD channels, the
most international channels, and award-winning HD and DVR
technology. DISH Network Corporation is a Fortune 250 company.
Visit www.dish.com.
About CoBank
CoBank is a $107 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 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. Visit
www.cobank.com.
About The Weather
Channel
Through The Weather Channel (weather.com) and Weather
Underground (wunderground.com) brands, The Weather Company provides
millions of people every day with the world's best weather
forecasts, content and data, connecting with them through
television, online, mobile and tablet screens, as well as
third-party publishing partners via API. Through WSI, the company
delivers superior professional weather services for the media,
aviation and energy sectors. The Weather Company is owned by a
consortium made up of NBC Universal and the private equity firms
The Blackstone Group and Bain Capital. For more information,
visit www.theweathercompany.com.
Frontier CommunicationsSteve Crosby,
916-686-3333916-206-8198steven.crosby@ftr.com
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