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A Scotland-based satellite broadband provider is seeking to raise £125,000 to improve connectivity in some of the nation's most remote areas.

Internet Anywhere, which is headquartered in Ayrshire, is aiming to make use of crowd-funding platform Squareknot to raise the capital, reports Business Insider.

The firm says it is looking to bring broadband services to some of the 300,000 Scottish homes and businesses which suffer from a lack of good connectivity.

John Walters Fitzgerald, Owner of Internet Anywhere, said it is "damaging" to rural communities when people are not able to take advantage of high-speed broadband.

This also has "significant negative repercussions" for the national economy, he claimed.

"Our aim to eliminate Scotland’s rural broadband problem and this funding would put us in a position to do so.”

Mr Fitzgerald claimed traditional ways of financing business are "now virtually non-existent".

And this is why Internet Anywhere is seeking 125 people to invest £1,000 each via Squareknot, allowing it to increase access to satellite broadband.

"Our aim to eliminate Scotland’s rural broadband problem and this funding would put us in a position to do so," Mr Fitzgerald added.

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