This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
The scheme allows businesses to apply for grants of up to £3,000 each to cover the costs of installing faster and better broadband.
So far, more than 170 businesses in Cardiff and Newport have received grants, with many more currently going through the application process.
The grant, in the form of a voucher, is part of the transformation of broadband that the Government is delivering across the country.
The aim is to help cities to create and attract new jobs and investment and make the UK the best place in the world to do business.
Wales Office Minister Alun Cairns said:
This Government knows that small businesses are the backbone of the Welsh economy. They are the engine of job creation at the moment, driving growth right across Wales.
Access to faster and better broadband is essential to enable our businesses to grow and compete in the global race. That’s why we’re giving businesses this grant to relieve set-up costs and allow them to take advantage of the business opportunities that superfast broadband brings.
Benefits to businesses as a result of faster, better broadband include:
Growing and accessing new markets through better communication with customers and suppliers
Increasing security through fast secure back-up of data
Increasing productivity and improving customer service through faster upload and download speeds
Reducing the costs of software and hardware by benefiting from the option of online applications and data storage
Enhancing the way you communicate and collaborate by accommodating colleagues, clients and partners on real-time video calls, and by sharing information on cloud-based software
The Superconnected cities programme is running alongside the UK Government’s rollout of superfast broadband to rural areas, which has already delivered superfast access to more than 1 million homes and businesses. By 2017, 95% of the UK will be able to access superfast speeds.