Venture Capital Invested in 2003 adjusted to 2007

Rank	State	Fips Code	Adj. Value
1	California	06000	9,606,634,523
2	Massachusetts	25000	3,115,515,869
3	Texas	48000	1,390,427,008
4	New Jersey	34000	979,724,361
5	New York	36000	758,776,134
6	Colorado	08000	731,292,210
7	Pennsylvania	42000	659,555,031
8	Washington	53000	514,349,380
9	Virginia	51000	475,352,194
10	Maryland	24000	427,283,155
11	Illinois	17000	420,892,006
12	North Carolina	37000	403,833,469
13	Florida	12000	348,132,072
14	Georgia	13000	346,183,452
15	Minnesota	27000	244,559,020
16	Nebraska	31000	230,519,966
17	Connecticut	09000	229,621,816
18	New Hampshire	33000	173,846,174
19	Oregon	41000	121,122,911
20	Utah	49000	120,013,969
21	Ohio	39000	100,301,204
22	Tennessee	47000	92,880,765
23	Missouri	29000	90,631,898
24	Michigan	26000	90,383,701
25	Arizona	04000	82,610,177
26	Rhode Island	44000	73,749,228
27	District of Columbia	11000	63,203,855
28	Idaho	16000	58,765,043
29	Nevada	32000	45,290,543
30	Wisconsin	55000	42,414,256
31	Oklahoma	40000	35,078,765
32	Alabama	01000	33,658,084
33	Indiana	18000	27,602,446
34	Hawaii	15000	18,165,789
35	North Dakota	38000	16,336,029
36	South Carolina	45000	16,158,134
37	West Virginia	54000	14,195,543
38	Kentucky	21000	6,083,804
39	Vermont	50000	5,850,592
40	Kansas	20000	5,775,108
41	Iowa	19000	4,731,848
42	New Mexico	35000	4,089,556
43	South Dakota	46000	3,943,207
44	Louisiana	22000	1,408,288
45	Arkansas	05000	1,295,625
46	Maine	23000	1,042,133
47	Mississippi	28000	957,636
48	Delaware	10000	450,652
49	Alaska	02000	0
49	Montana	30000	0
49	Wyoming	56000	0
Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report(tm) based on data from Thomson Financial

---

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: July 15, 2008 at 08:15