Business Value Calculator

Value: $326,569

1.1 One-on-One Consultations: $78,819

• Business-related Consultations: $29,643
• Employment-related Consultations: $30,750
• Technology Consultations: $18,426

1.2 Classes and Programming: $247,750

• Business-related Courses: $42,180
• Professional Development Trainings: $205,570

1.3 External Consultations: $0

• External Consultants Access: $0

1.4 Library Impact:
Because of the services provided:
Patron(s) leveraged library programs and services to create a business plan, Patron(s) leveraged library programs and workshops to launch a business, Patron(s) leveraged library programming to increase their knowledge about the business landscape, Patron(s) leveraged library programming to enhance their online presence, Patron(s) gained guidance on licenses, permits, and business registration

1.5 Stories of Success:
An example of how a particular patron leveraged library services:
The Ferguson Library hosts an Entrepreneur-in-Residence program. The program offers help to early-stage entrepreneurs conceptualize and grow their ideas into companies. The program seeks to help community members with starting a new business, expanding their current business, and those that have ideas and don’t know where to start.

Value: $12,264,437

2.1 Mailing List Creation: $0

• Consumer Direct Mail Lists: $0
• Business Direct Mail Lists: $0

2.2 Industry Analysis and Reports: $10,824,300

• Industry Reports: $10,824,300
• Marketing Research Reports: $0

2.3 Online Platform Subscription: $1,165,203

• Language Learning (Business): $71,838
• LinkedIn Learning (Lynda.com): $1,093,365

2.4 Funding: $4,500

• Foundation Directory Online: $4,500

2.5 Business Materials and Guidance: $270,434

• Print Books: $270,434
• Electronic Books: $0

2.6 Library Impact:
Because of the services provided:
Patron(s) identified a local small business grant, Patron(s) leveraged business databases to connect with new suppliers and/or collaborators

2.7 Stories of Success:
An example of how a particular patron leveraged library services:
Steven Semaya, our Entrepreneur-in-Residence consultants works for the CT SBDC (Connecticut Small Business Development Center). Our program offers various workshops, events, and one-on-one guidance to support entrepreneurs every step of the way. Our program helps at all stages of business development. Whether our community needs help creating an LLC, market analysis, or access to grants and capital, our EIR program is there to help.

Value: $71,283

3.1 Meeting Space: $10,553

• Meeting Space Use: $10,553

3.2 Coworking Space: $56,730

• Public Workspace Use: $56,730

3.3 Entrepreneur-in-Residence/Fellowship Program: $4,000

• Residents/Fellows Benefits: $4,000

3.4 Library Impact:
Because of the services provided:
Patron(s) identified a local small business grant, Patron(s) leveraged business databases to connect with new suppliers and/or collaborators

3.5 Stories of Success:
An example of how a particular patron leveraged library services:
Steven Semaya, our Entrepreneur-in-Residence consultants works for the CT SBDC (Connecticut Small Business Development Center). Our program offers various workshops, events, and one-on-one guidance to support entrepreneurs every step of the way. Our program helps at all stages of business development. Whether our community needs help creating an LLC, market analysis, or access to grants and capital, our EIR program is there to help.

Value: $194,079.03

4.1 Device Access: $19,564

• Public Internet Computer Uses: $19,164
• Devices Borrowed: $400

4.2 Internet Access: $25,602

• Wi-Fi Internet Sessions: $25,090
• Wi-Fi Hotspots and Connected Devices: $512

4.3 Makerspace: $60

• Makerspace Use: $60

4.4 Office Equipment: $2.03

• Photocopier: $0.23
• Fax Machine: $1.8

4.5 Software Access: $148,851

• Adobe Creative Cloud: $0
• Microsoft Office Suite: $148,851
• Final Cut Pro Access: $0

4.6 Library Impact:
Because of the technology provided:
Patron(s) leveraged Wi-Fi to launch or grow a business. Patron(s) utilized software such as Microsoft Office Suite or Adobe Creative Cloud to launch or grow a business

4.7 Stories of Success:
An example of how a particular patron leveraged library services:
We have several library users who have used the library’s Microsoft Office suite, as well as sewing machines and 3D printers to create prototypes for their businesses.