Table 8-57
Venture capital deals as a percentage of high-technology business establishments, by state: 2003, 2006, and 2008
 
  Venture capital deals   High-technology establishments   Venture capital deals/high-technology establishments (%)
State 2003 2006 2008   2003 2006 2008   2003 2006 2008
 
United States 2,903 3,672 3,806   590,417 633,727 646,195   0.49 0.58 0.59
Alabama 9 7 8   6,347 6,613 6,754   0.14 0.11 0.12
Alaska 0 0 0   1,345 1,494 1,489   0.00 0.00 0.00
Arizona 16 29 20   10,433 11,942 12,269   0.15 0.24 0.16
Arkansas 3 6 0   4,012 4,373 4,675   0.07 0.14 0.00
California 1,122 1,549 1,552   77,614 85,514 86,312   1.45 1.81 1.80
Colorado 72 98 100   15,532 17,259 18,047   0.46 0.57 0.55
Connecticut 34 30 34   7,827 7,810 7,736   0.43 0.38 0.44
Delaware 1 3 6   3,964 3,700 3,407   0.03 0.08 0.18
District of Columbia 6 8 11   2,589 3,062 3,111   0.23 0.26 0.35
Florida 61 56 36   38,118 43,678 44,285   0.16 0.13 0.08
Georgia 55 81 80   18,820 20,825 21,402   0.29 0.39 0.37
Hawaii 6 10 6   2,097 2,325 2,294   0.29 0.43 0.26
Idaho 5 1 6   2,515 2,912 3,083   0.20 0.03 0.19
Illinois 58 55 67   27,606 28,821 29,265   0.21 0.19 0.23
Indiana 8 15 16   9,626 10,158 10,132   0.08 0.15 0.16
Iowa 1 2 5   4,316 4,548 4,659   0.02 0.04 0.11
Kansas 2 7 23   5,716 6,035 6,004   0.03 0.12 0.38
Kentucky 3 7 10   5,453 5,769 5,893   0.06 0.12 0.17
Louisiana 1 3 10   7,218 7,439 7,670   0.01 0.04 0.13
Maine 2 4 4   2,466 2,612 2,642   0.08 0.15 0.15
Maryland 84 110 97   13,428 14,632 15,009   0.63 0.75 0.65
Massachusetts 378 395 405   17,183 17,107 17,434   2.20 2.31 2.32
Michigan 17 18 43   16,937 17,049 16,773   0.10 0.11 0.26
Minnesota 58 39 47   12,834 13,348 13,257   0.45 0.29 0.35
Mississippi 4 1 0   3,269 3,336 3,469   0.12 0.03 0.00
Missouri 23 13 24   9,562 10,130 10,178   0.24 0.13 0.24
Montana 1 0 2   2,108 2,415 2,564   0.05 0.00 0.08
Nebraska 2 3 3   2,797 3,072 3,269   0.07 0.10 0.09
Nevada 6 7 6   5,387 5,975 6,024   0.11 0.12 0.10
New Hampshire 32 21 28   3,511 3,554 3,603   0.91 0.59 0.78
New Jersey 88 94 90   24,286 24,534 24,307   0.36 0.38 0.37
New Mexico 5 9 19   3,322 3,553 3,635   0.15 0.25 0.52
New York 119 209 235   35,926 37,346 38,308   0.33 0.56 0.61
North Carolina 76 62 51   14,869 16,908 17,582   0.51 0.37 0.29
North Dakota 2 0 2   964 1,035 1,117   0.21 0.00 0.18
Ohio 25 41 52   19,875 20,347 20,127   0.13 0.20 0.26
Oklahoma 2 6 5   6,859 7,301 7,536   0.03 0.08 0.07
Oregon 21 31 35   7,500 8,083 8,525   0.28 0.38 0.41
Pennsylvania 90 128 171   22,266 23,486 23,930   0.40 0.55 0.71
Rhode Island 10 7 10   1,976 2,059 2,076   0.51 0.34 0.48
South Carolina 4 3 11   5,869 6,551 6,978   0.07 0.05 0.16
South Dakota 1 1 1   1,206 1,266 1,397   0.08 0.08 0.07
Tennessee 22 11 21   8,196 8,772 8,882   0.27 0.13 0.24
Texas 165 188 146   45,062 47,520 49,419   0.37 0.40 0.30
Utah 22 39 33   5,474 6,531 6,913   0.40 0.60 0.48
Vermont 6 9 9   1,453 1,535 1,548   0.41 0.59 0.58
Virginia 80 89 81   18,868 21,678 22,482   0.42 0.41 0.36
Washington 81 143 164   13,171 14,411 15,116   0.61 0.99 1.08
West Virginia 5 3 1   2,257 2,308 2,343   0.22 0.13 0.04
Wisconsin 8 20 19   9,035 9,438 9,609   0.09 0.21 0.20
Wyoming 1 1 1   1,353 1,558 1,656   0.07 0.06 0.06
                       
Puerto Rico 1 2 NA   NA NA NA   NA NA NA
 

NA = not available

SOURCES: PricewaterhouseCoopers and National Venture Capital Association, special tabulations (2011) of MoneyTree™ Survey; Census Bureau, special tabulations (2011) of 1989–2008 Business Information Tracking Series.

Science and Engineering Indicators 2012

Source Data