State Technology and Science Index

Risk Capital and Entrepreneurial Infrastructure Composite Index*

This measures the stock of capable entrepreneurs and risk capital available to support the conversion of research into commercially viable technology products and services.  Eleven indicators are included in this Composite Index, listed at the bottom of this page.  Click on an indicator to see further data comparisons at the individual indicator level.

Select a Composite Human Capital Investment Composite Research & Development Inputs Composite Risk Capital & Infrastructure Composite Technology & Science Work Force Composite Technology Concentration and Dynamism Composite

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2008 State Rank Average Score California 1 81.27 Massachusetts 2 79.82 Colorado 3 77.45 Washington 4 71.82 New York 5 69.82 Maryland 6 69.64 Pennsylvania 7 68.73 Georgia 8 67.27 North Carolina 8 67.27 Arizona 10 66.91 Connecticut 11 66.36 Texas 12 65.82 Minnesota 13 65.45 Maine 14 65.09 Rhode Island 15 64.18 Utah 16 63.27 Wisconsin 16 63.27 New Hampshire 18 63.11 Oregon 19 62.60 New Mexico 20 61.80 New Jersey 21 59.64 Illinois 22 59.45 Virginia 23 56.91 Oklahoma 24 55.60 Idaho 25 54.50 South Dakota 26 53.78 Hawaii 27 52.55 Missouri 28 50.00 Michigan 29 49.64 Louisiana 30 49.45 Arkansas 31 49.09 South Carolina 32 48.91 Florida 33 48.60 Vermont 34 48.40 Kansas 35 48.18 Delaware 36 47.80 Indiana 37 46.73 Tennessee 38 44.91 Nevada 39 44.36 Ohio 40 44.00 Wyoming 40 44.00 Kentucky 42 41.45 Alabama 43 40.73 Nebraska 44 38.60 Montana 45 38.57 North Dakota 46 36.25 Iowa 47 34.22 West Virginia 48 32.18 Mississippi 49 30.40 Alaska 50 21.71

2004 State Rank Average Score Massachusetts 1 82.00 California 2 79.11 Rhode Island 3 76.22 Colorado 4 72.00 Maryland 5 70.22 New Hampshire 6 69.56 North Carolina 7 69.11 Washington 8 67.33 Minnesota 9 66.22 Georgia 10 66.00 Utah 11 64.67 Connecticut 12 64.44 New York 13 62.44 Delaware 14 61.78 Virginia 15 60.89 New Jersey 16 60.67 Oregon 17 59.33 Arizona 18 58.89 New Mexico 19 58.67 Ohio 20 58.22 Pennsylvania 21 58.00 Maine 22 57.78 Tennessee 23 55.56 Idaho 24 54.67 Missouri 25 54.67 Indiana 26 54.44 Vermont 27 53.33 Florida 28 50.44 Texas 29 50.44 West Virginia 30 49.78 Oklahoma 31 48.00 Wisconsin 32 47.56 Louisiana 33 47.33 Illinois 34 46.44 Nebraska 35 46.44 Nevada 36 45.33 Michigan 37 38.89 Wyoming 38 38.89 South Carolina 39 37.56 Kansas 40 36.22 South Dakota 41 35.33 Arkansas 42 34.67 Hawaii 43 33.78 Alabama 44 30.22 Iowa 45 28.67 Montana 46 27.56 Alaska 47 24.67 Kentucky 48 23.78 Mississippi 49 22.22 North Dakota 50 16.22

2002 State Rank Average Score Massachusetts 1 84.89 California 2 82.22 New York 3 79.56 Colorado 4 77.78 New Jersey 5 75.56 Connecticut 6 72.89 Georgia 7 72.67 Washington 8 71.33 Maryland 9 69.11 Virginia 10 68.89 Minnesota 11 68.22 Utah 12 68.00 North Carolina 13 65.78 New Hampshire 14 65.56 Texas 15 64.89 Oregon 16 64.67 Idaho 17 62.44 Delaware 18 61.78 Pennsylvania 19 60.67 Wisconsin 20 59.78 Arizona 21 58.00 Illinois 22 56.67 Florida 23 55.56 Kansas 24 54.89 Maine 25 53.78 Nevada 26 52.44 Rhode Island 27 50.44 South Carolina 28 49.11 Alabama 29 48.89 Missouri 30 48.00 New Mexico 31 46.00 Ohio 32 44.22 Michigan 33 43.11 Indiana 34 41.56 Nebraska 35 40.67 Tennessee 36 40.22 Louisiana 37 40.00 Montana 38 36.44 Oklahoma 39 35.78 Hawaii 40 33.11 Iowa 41 30.89 Vermont 42 30.22 Mississippi 43 29.56 Alaska 44 29.33 Kentucky 45 27.56 Wyoming 46 27.33 Arkansas 47 18.44 West Virginia 48 18.00 South Dakota 49 15.33 North Dakota 50 9.78

Average Annual SBIC Funds Disbursed per $1,000 of GSP Increase in Number of Companies Receiving VC Investment IPO Proceeds as Percent of GSP Number of Business Incubators per 10,000 Business Establishments Number of Business Starts per 100,000 People Number of Companies Receiving VC Investment per 10,000 Business Establishments Patents Issued per 100,000 People Total Venture Capital Investment Growth VC Investment in Clean Technology per $1,000 of GSP VC Investment in Nanotechnology per $1,000 of GSP Venture Capital Investment as Percent of GSP

^*Note: New indicators were incorporated and methodologies changed between indices publications. Please check publications for specific changes and limitations to cross-year comparison.