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Funding available to entrepreneurs in underserved areas

This story appears in the January 2001 issue of Entrepreneur. Subscribe »

To reach out to telecommunication in underserved areas, the Development Fund (TDF) is making investments of up to $1 million per round in individual early-stage companies. Entrepreneurs use the to develop new , create innovative applications of old technology or even purchase radio, or cable properties (as long as they're not merely transfers of ).

To get funding, you don't need to be an experienced technology , but you should at least have a management with a background in your chosen field. The team should also have a track record of successful management, although it needn't be in an entrepreneurial venture.

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