“Bead money” in Michigan refers to the $1.559 billion allocated from the federal Broadband Equity, Access, and Deployment (BEAD) program to expand high-speed internet access across the state. The Michigan High-Speed Internet (MIHI) Office administers these funds to build out broadband infrastructure, with a focus on unserved and underserved areas, and to support adoption and digital skills training.
How the BEAD funding is being used
Infrastructure deployment: The primary goal is to build or upgrade broadband networks to provide reliable, affordable high-speed internet to more homes and businesses.
Digital equity: Funds will also go toward initiatives that ensure affordability, provide access to devices, and offer digital skills training to close the digital divide.
Funding rounds: The program has undergone multiple funding rounds. In the first round, 392 applications were submitted to cover over 193,000 locations, though about 55,000 eligible addresses remained uncovered by initial applications, notes Brander Group and Telecompetitor.
Targeted projects: Projects are underway in specific counties like Hillsdale, Branch, and Calhoun, involving companies like DMCI Broadband and Surf Internet to lay fiber optic cable.
Administering the program
The Michigan High-Speed Internet (MIHI) Office is the state agency responsible for overseeing the BEAD program.
The MIHI Office manages the application and review process, works with providers, and aims to achieve the program’s vision of universal, affordable, and reliable internet access for all Michiganders.