Venture Capital Invested in 2003 adjusted to 2011

Rank	State	Fips Code	Adj. Value
1	California	06000	10,361,911,558
2	Massachusetts	25000	3,360,458,838
3	Texas	48000	1,499,742,876
4	New Jersey	34000	1,056,750,640
5	New York	36000	818,431,385
6	Colorado	08000	788,786,665
7	Pennsylvania	42000	711,409,483
8	Washington	53000	554,787,712
9	Virginia	51000	512,724,553
10	Maryland	24000	460,876,309
11	Illinois	17000	453,982,685
12	North Carolina	37000	435,583,000
13	Florida	12000	375,502,339
14	Georgia	13000	373,400,518
15	Minnesota	27000	263,786,338
16	Nebraska	31000	248,643,528
17	Connecticut	09000	247,674,765
18	New Hampshire	33000	187,514,022
19	Oregon	41000	130,645,638
20	Utah	49000	129,449,510
21	Ohio	39000	108,186,920
22	Tennessee	47000	100,183,084
23	Missouri	29000	97,757,410
24	Michigan	26000	97,489,700
25	Arizona	04000	89,105,018
26	Rhode Island	44000	79,547,419
27	District of Columbia	11000	68,172,964
28	Idaho	16000	63,385,172
29	Nevada	32000	48,851,302
30	Wisconsin	55000	45,748,880
31	Oklahoma	40000	37,836,670
32	Alabama	01000	36,304,295
33	Indiana	18000	29,772,560
34	Hawaii	15000	19,593,990
35	North Dakota	38000	17,620,373
36	South Carolina	45000	17,428,492
37	West Virginia	54000	15,311,602
38	Kentucky	21000	6,562,115
39	Vermont	50000	6,310,567
40	Kansas	20000	6,229,149
41	Iowa	19000	5,103,867
42	New Mexico	35000	4,411,078
43	South Dakota	46000	4,253,223
44	Louisiana	22000	1,519,008
45	Arkansas	05000	1,397,488
46	Maine	23000	1,124,066
47	Mississippi	28000	1,032,926
48	Delaware	10000	486,083
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: February 10, 2012 at 10:36