The announcement of public sector broadband funding comes only days after the Chief Executive of BT Scotland Brendan Dick met with Moray businesses in Forres.
With the current roll out plans from BT only coming as close as neighbouring Nairn, broadband capability is a priority for many of Moray's businesses.
Over 60 local business leaders heard that despite a £2.5 bn investment by BT to bring superfast capability to 2/3 of UK premises by the end of 2014, as much as half of Scotland would need private/public sector partnerships to deliver the service.
Chair of MEP Jim Royan said: "There is a mix of technology available in Moray for higher speed broadband connections - but these can be expensive and are often aimed at larger businesses. The commercial BT roll out of next generation broadband will continue until 2014 and it is possible that Moray may be part of that. However, we heard that as a result of the groundwork HIE has done, the region is ahead of most rural areas in Scotland in developing a partnership project which aims to roll out next generation broadband across every local authority area."
Marjory MacLennan from the Moray Chamber of Commerce commented: "We are delighted that BT Chief Executive for Scotland accepted our invitation to update our local business community. It was useful in getting a feel for how close we are to progress. It is encouraging that by the end of the summer we should have a guide as to how the roll out, being made possible with public sector funding, might look. It should offer many businesses, particularly SMEs, the service they need to expand and will certainly help encourage further inward investment."