Business Development

Economic value of library enhanced business development

The economic value of the Library services that help Philadelphians develop or enhance their own businesses totals $3.8 million for FY10, comprised of:$2.9 million in business development online and database activities$819,285 in business development book-reading & lending$55,385 in business development programming(p.5)

Employment and entrepreneurship

Activities related to employment were the third highest reported use for library computer users, with 40 percent of the respondents indicating use in this area. In addition, 7 percent of the users used the library for activities related to starting or managing a business of their own.Results from the study show that libraries are serving as an important supplement to local and federal agencies focused on employment activities, by providing access to needed services in a setting that can offer support and access to all members of the community. In the current economy, these services are making a difference in the lives of individuals and their families across the nation.In addition to finding actual jobs, people reported using the library’s online resources for preparatory steps such as creating resumes, researching job information, submitting applications online, and receiving training for job-related skills. Those who are employed use the library to conduct work, and entrepreneurs and small business owners use the library’s computer resources for writing business plans, finding investors, marketing, and business administration. (p.71-2)

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