Broadband stimulus program: Faster Internet, slower bureaucracy - Nextgov

NewWave Communications of Sikeston, Mo., is not a deep-pocketed technology giant that can afford to throw money around in Washington. The cable television operator serves 115,000 customers in rural portions of the Midwest and South and keeps a tight budget.

Yet the company was forced to shell out $80,000 on its application for $10 million in federal funding under the $7.2 billion broadband stimulus program -- with no assurance of receiving any funds...