| Description | Round 1 | Round 2 |
|---|
| Grant to Loan Ratio | 50/50 Grant/Loan | 75/25 Grant/Loan |
| Remote Rural Requirements | Remote had to be 50 miles from a non-rural town and must be unserved to qualify | No remote |
| Past RUS Borrower Advantage | Small: 5 points awarded for being past borrower | Larger: 8 points awarded for being past borrower |
| BIP and BTOP Joint Programs | Allows for joint filing of single application that would be passed from BIP to BTOP for consideration | Applicant must file under each program separately |
| Identical Filing for BIP and BTOP Programs | Could apply to both BIP/BTOP | Can only apply to one and cannot file for similar areas |
| Rural Advantages | Points based on being 50 miles from a population of 20,000 | Points based on being 10 miles from a non-rural population |
| Rural Advantages (continued) | 1 point for every 10,000 unserved households | 1 point for every 10% unserved |
| Rural Advantages (continued) | 1 point for every 5% increase in the rural service area over the minimum 75% rural area requirement (maximum 5 points) | 2 points for every 5% increase in the rural servce area over 75% (maximum 10 points) |
| Complexity of Filing | Easier: Filed Phase I then, if selected, must file Phase II | Complicated: Must file all information during the initial application filing period |
| Complexity of Filing (continued) | Complicated: filing based on census blocks | Easier: filing not based on any distinction |
| Maximun Cost Per Premise | No limit | Maximum $10,000 |
| Cost Effectiveness | No points given for lower cost per premise | Varying points given for prices under $10,000 |
| Socially and Economically Disadvantaged Small Businesses | 1 point | 3 points |
BIP Differences