Venture Capital Invested in 1997 adjusted to 2011

Rank	State	Fips Code	Adj. Value
1	California	06000	8,415,071,444
2	Massachusetts	25000	1,957,792,742
3	Texas	48000	1,176,400,763
4	New York	36000	1,123,965,430
5	Florida	12000	768,869,516
6	Pennsylvania	42000	681,264,934
7	New Jersey	34000	637,510,915
8	Washington	53000	585,445,320
9	Colorado	08000	543,121,214
10	Georgia	13000	500,068,220
11	Illinois	17000	495,522,563
12	Virginia	51000	473,350,000
13	Connecticut	09000	376,882,579
14	North Carolina	37000	375,109,955
15	Minnesota	27000	366,591,638
16	Ohio	39000	294,329,640
17	Maryland	24000	263,950,264
18	Arizona	04000	220,290,700
19	Oregon	41000	176,812,382
20	Michigan	26000	155,969,566
21	Alabama	01000	155,216,020
22	Tennessee	47000	150,404,135
23	Utah	49000	139,664,465
24	Missouri	29000	100,460,283
25	Wisconsin	55000	83,309,411
26	New Hampshire	33000	74,316,870
27	South Carolina	45000	66,494,005
28	Kentucky	21000	48,708,143
29	Oklahoma	40000	38,659,467
30	New Mexico	35000	37,660,590
31	Louisiana	22000	36,918,050
32	Indiana	18000	35,069,500
33	West Virginia	54000	33,156,588
34	Iowa	19000	23,800,579
35	Rhode Island	44000	15,986,212
36	Maine	23000	13,521,758
37	Nevada	32000	13,477,317
38	Kansas	20000	12,781,865
39	Mississippi	28000	11,145,072
40	District of Columbia	11000	7,244,297
41	Arkansas	05000	5,572,536
42	Vermont	50000	4,470,567
43	Nebraska	31000	3,761,601
44	Wyoming	56000	2,786,268
45	Hawaii	15000	2,084,128
46	Idaho	16000	1,727,486
47	Delaware	10000	1,465,577
48	North Dakota	38000	1,462,791
49	Alaska	02000	0
49	Montana	30000	0
49	South Dakota	46000	0
Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report(tm) based on data from Thomson Financial

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States IN Profile provides current federal statistics on a variety of demographic and economic indicators. Read "About the Profile" for the best understanding of the data, ranks and computations. This profile is produced by STATS Indiana, a web service of the Indiana Business Research Center at the Indiana University Kelley School of Business. Major support for this effort is provided by the State of Indiana through the Indiana Department of Workforce Development. Updated: February 10, 2012 at 10:36