To measure its impact, Los Alamos Connect administers an annual survey with participating clients. The survey is conducted by Research and Polling, Inc., a third party contractor. Survey results are cumulative from 2006 through 2010 (results reflecting data from 2006-2008 are combined as 2008).
Los Alamos Connect has served 166 companies and entrepreneurs since its inception in 2006. Some companies received several different forms of assistance from Los Alamos Connect, including market research, technical assistance, investments, coaching, and connections to community resources.
Benefits for the Business
Year upon year, Los Alamos Connect increasingly helps clients achieve positive benefits for their businesses.
These benefits include:
- Making better informed choices about the future
- Improving overall operations
- Becoming more competitive in the market place
- Improving expertise or capabilities of employees
- Expanding/improving products and services
New Funding and Financing
Clients have attracted $8.2 million in new funding and financing. At least one in five clients has received additional funding as a result of assistance from Los Alamos Connect.
Los Alamos Connect clients have created and retained 240 jobs with salaries totaling $6.8 million and averaging $31,694 per year. Even in a sluggish economy, Los Alamos Connect continues to demonstrate its value through its ability to create and retain jobs.