Table 8-56
Venture capital disbursed per $1,000 of gross domestic product, by state: 2000, 2005, and 2010
 
  Venture capital disbursed ($millions)   State GDP ($millions)   Venture capital ($)/$1,000 GDP
State 2000 2005 2010   2000 2005 2010   2000 2005 2010
 
United States 104,678 23,115 21,799   9,884,171 12,554,535 14,551,782   10.59 1.84 1.50
Alabama 266 20 1   116,014 151,096 172,567   2.30 0.13 0.00
Alaska 4 0 0   25,913 37,824 49,120   0.14 0.00 0.00
Arizona 34 13 83   161,901 222,968 253,609   0.21 0.06 0.33
Arkansas 626 123 5   68,146 88,227 102,566   9.18 1.40 0.05
California 43,034 11,011 10,978   1,317,343 1,691,991 1,901,088   32.67 6.51 5.77
Colorado 4,165 644 468   171,930 217,412 257,641   24.22 2.96 1.81
Connecticut 1,509 202 200   163,943 197,055 237,261   9.21 1.02 0.84
Delaware 135 7 31   40,957 54,749 62,280   3.29 0.13 0.50
District of Columbia 478 28 96   58,269 82,837 103,288   8.21 0.33 0.93
Florida 2,687 329 186   481,115 680,277 747,735   5.58 0.48 0.25
Georgia 2,325 254 333   294,479 363,154 403,070   7.90 0.70 0.83
Hawaii 203 12 11   41,372 56,869 66,760   4.91 0.21 0.17
Idaho 20 8 8   36,091 48,675 55,435   0.54 0.16 0.14
Illinois 2,358 277 575   474,444 569,544 651,518   4.97 0.49 0.88
Indiana 269 104 69   198,020 239,575 275,676   1.36 0.43 0.25
Iowa 31 32 52   93,287 120,258 142,698   0.33 0.27 0.36
Kansas 265 2 42   85,742 105,164 127,170   3.09 0.02 0.33
Kentucky 202 32 12   113,108 139,336 163,269   1.78 0.23 0.07
Louisiana 113 4 18   131,430 197,163 218,853   0.86 0.02 0.08
Maine 140 5 2   36,395 45,587 51,643   3.85 0.10 0.04
Maryland 1,820 488 357   182,953 248,139 295,304   9.95 1.97 1.21
Massachusetts 10,312 2,583 2,373   272,680 323,301 378,729   37.82 7.99 6.26
Michigan 337 81 152   336,786 375,260 384,171   1.00 0.22 0.39
Minnesota 1,039 242 140   188,449 238,367 270,039   5.51 1.02 0.52
Mississippi 20 10 0   65,615 81,500 97,461   0.30 0.12 0.00
Missouri 590 56 61   180,982 216,633 244,016   3.26 0.26 0.25
Montana 17 27 2   21,629 30,088 36,067   0.77 0.91 0.05
Nebraska 143 13 12   57,233 72,504 89,786   2.50 0.18 0.13
Nevada 31 159 29   75,907 114,771 125,650   0.41 1.38 0.23
New Hampshire 751 92 57   44,067 53,653 60,283   17.03 1.72 0.94
New Jersey 3,290 887 451   349,334 429,985 487,335   9.42 2.06 0.92
New Mexico 21 76 23   50,262 67,776 79,678   0.42 1.13 0.29
New York 6,835 1,127 1,339   770,621 961,941 1,159,540   8.87 1.17 1.15
North Carolina 1,825 395 456   281,418 354,973 424,935   6.49 1.11 1.07
North Dakota 6 0 0   18,250 24,672 34,685   0.33 0.00 0.00
Ohio 976 140 157   381,175 444,715 477,699   2.56 0.31 0.33
Oklahoma 53 0 13   91,292 120,662 147,543   0.58 0.00 0.09
Oregon 793 134 174   112,974 143,349 174,151   7.02 0.94 1.00
Pennsylvania 2,873 482 508   395,811 482,324 569,679   7.26 1.00 0.89
Rhode Island 75 76 65   33,522 44,169 49,234   2.23 1.73 1.32
South Carolina 448 3 21   115,392 141,929 164,445   3.88 0.02 0.13
South Dakota 0 0 0   24,009 31,641 39,893   0.01 0.00 0.00
Tennessee 453 89 52   177,582 224,522 254,806   2.55 0.39 0.20
Texas 6,094 1,175 891   732,987 970,997 1,207,494   8.31 1.21 0.74
Utah 674 192 143   69,483 90,748 114,538   9.69 2.12 1.25
Vermont 46 35 33   18,033 22,773 25,620   2.57 1.55 1.28
Virginia 3,310 526 375   261,894 356,852 423,860   12.64 1.47 0.89
Washington 2,790 837 613   227,828 279,405 340,460   12.25 3.00 1.80
West Virginia 5 11 4   41,419 51,964 64,642   0.11 0.20 0.06
Wisconsin 192 69 122   177,638 218,923 248,265   1.08 0.31 0.49
Wyoming 0 4 10   17,047 26,238 38,527   0.00 0.15 0.26
                       
Puerto Rico NA NA 4   69,208 86,157 NA   NA NA NA
 

NA = not available

GDP = gross domestic product

NOTE: GDP reported in current dollars.

SOURCES: PricewaterhouseCoopers and National Venture Capital Association, special tabulations (2011) of MoneyTree™ Survey; Bureau of Economic Analysis, Gross Domestic Product data; United Nations Statistics Division.

Science and Engineering Indicators 2012

Source Data