Table 8-52
Venture capital disbursed per venture capital deal, by state: 1998, 2003, and 2008
 
  Venture capital disbursed
(current $millions)
  Venture capital deals   Venture capital/deal
(current $millions)
State 1998 2003 2008   1998 2003 2008   1998 2003 2008
 
United States 21,037 19,776 28,284   3,632 2,943 3,806   5.79 6.72 7.43
Alabama 82 30 24   15 9 8   5.49 3.32 3.01
Alaska 0 0 0   0 0 0   0.00 0.00 0.00
Arizona 210 73 208   36 16 20   5.84 4.58 10.40
Arkansas 7 1 0   2 3 0   3.45 0.37 0.00
California 7,955 8,564 14,264   1,388 1,135 1,552   5.73 7.55 9.19
Colorado 726 628 813   122 70 100   5.95 8.97 8.13
Connecticut 373 212 127   74 34 34   5.05 6.24 3.74
Delaware 0 0 63   0 1 6   0.00 0.40 10.45
District of Columbia 47 56 31   3 6 11   15.63 9.35 2.79
Florida 552 309 240   62 62 36   8.90 4.99 6.65
Georgia 431 295 426   98 58 80   4.39 5.09 5.33
Hawaii 4 13 7   3 5 6   1.40 2.56 1.20
Idaho 30 52 12   3 5 6   10.10 10.44 1.98
Illinois 429 377 444   70 56 67   6.13 6.73 6.63
Indiana 39 25 124   8 8 16   4.88 3.06 7.73
Iowa 9 0 40   7 0 5   1.26 0.00 8.04
Kansas 10 25 46   3 11 23   3.47 2.26 1.98
Kentucky 38 5 30   16 3 10   2.34 1.80 2.95
Louisiana 68 1 8   11 1 10   6.18 1.20 0.82
Maine 62 1 20   11 2 4   5.59 0.45 5.05
Maryland 328 348 477   54 87 97   6.08 4.00 4.91
Massachusetts 2,009 2,744 2,974   391 381 405   5.14 7.20 7.34
Michigan 124 80 246   32 16 43   3.88 5.01 5.71
Minnesota 361 233 491   79 58 47   4.57 4.02 10.44
Mississippi 4 1 0   2 4 0   1.75 0.20 0.00
Missouri 611 78 87   19 19 24   32.16 4.13 3.60
Montana 0 0 16   0 0 2   0.00 0.00 7.80
Nebraska 29 205 16   5 3 3   5.82 68.20 5.33
Nevada 24 40 13   10 6 6   2.42 6.70 2.10
New Hampshire 185 154 181   26 32 28   7.11 4.82 6.47
New Jersey 476 886 708   76 90 90   6.27 9.85 7.87
New Mexico 8 4 69   4 5 19   1.93 0.72 3.65
New York 1,299 660 1,299   193 118 235   6.73 5.59 5.53
North Carolina 327 387 459   82 77 51   3.98 5.02 9.00
North Dakota 1 15 0   1 2 2   0.50 7.25 0.20
Ohio 309 179 248   63 28 52   4.91 6.39 4.77
Oklahoma 101 31 17   11 2 5   9.22 15.55 3.46
Oregon 54 108 176   18 21 35   2.97 5.12 5.03
Pennsylvania 562 499 693   138 97 171   4.07 5.15 4.05
Rhode Island 26 66 39   5 10 10   5.20 6.55 3.92
South Carolina 137 14 26   16 4 11   8.56 3.58 2.38
South Dakota 0 4 1   0 1 1   0.00 3.50 0.50
Tennessee 108 84 65   24 23 21   4.48 3.67 3.10
Texas 1,171 1,250 1,283   188 168 146   6.23 7.44 8.79
Utah 117 107 194   33 22 33   3.54 4.84 5.87
Vermont 1 5 43   2 6 9   0.70 0.87 4.77
Virginia 766 413 484   102 82 81   7.51 5.04 5.97
Washington 736 464 955   109 83 164   6.75 5.58 5.82
West Virginia 2 13 24   1 5 1   2.00 2.52 24.00
Wisconsin 90 38 75   16 8 19   5.64 4.70 3.96
Wyoming 0 0 2   0 0 1   0.00 0.00 1.50
                       
Puerto Rico NA NA NA   NA NA NA   NA NA NA
 

NA = not available

SOURCE: PricewaterhouseCoopers, Venture Economics, and National Venture Capital Association, MoneyTree™ Survey, special tabulations.

Science and Engineering Indicators 2010

Source Data