OpenCape anticipates receiving funds from four-six sources that will likely be isolated within specific accounts. The source of these funds will include:
Federal ARRA grant of $32 million to be expended over three years during construction period.
State grant match of $5 million to be expended over three years during construction period.
Private partner match of $2 million to be expended over three years during construction period.
Additional grants for operational expenses related to community application development.
Operational revenues
OpenCape requires a full range of accounting services.