1st Quarter 2003 Venture Capital Survey Results by State 

Data Source: PricewaterhouseCoopers/Thomson Venture Economics/National
Venture Capital Association MoneyTree™ Survey http://www.pwcmoneytree.com/moneytree/index.jsp

Note: Using a landscape setting may be required to print the entire table. Most of the data shown below have been rounded.

Rank by Amount

State

# Deals

Investment Amount

Average per Deal

36

AR

1

$250,000

$250,000

28

AZ

2

10,250,000

5,125,000

1

CA

234

1,510,515,100

6,455,193

4

CO

14

152,403,900

10,885,993

22

CT

6

19,489,900

3,248,317

24

DC

2

15,375,000

7,687,500

20

FL

10

24,982,100

2,498,210

12

GA

15

74,132,300

4,942,153

31

IA

1

4,000,000

4,000,000

15

ID

1

50,000,000

50,000,000

11

IL

15

76,131,900

5,075,460

33

IN

2

1,000,000

500,000

34

MA

71

618,831,000

8,715,930

8

MD

23

104,709,100

4,552,570

21

MI

6

20,500,000

3,416,667

16

MN

13

40,082,000

3,083,231

19

MO

7

26,920,000

3,845,714

14

NC

14

58,455,600

4,175,400

29

ND

1

6,999,900

6,999,900

13

NH

11

72,499,600

6,590,873

10

NJ

11

99,552,100

9,050,191

30

NV

1

5,100,000

5,100,000

7

NY

31

125,057,800

4,034,123

18

OH

5

29,098,000

5,819,600

27

OR

2

10,748,000

5,374,000

9

PA

16

102,206,000

6,387,875

35

RI

1

416,000

416,000

26

SC

3

12,856,000

4,285,333

32

SD

1

3,500,000

3,500,000

25

TN

4

13,900,000

3,475,000

3

TX

35

216,545,000

6,187,000

17

UT

6

32,544,000

5,424,000

5

VA

25

133,350,200

5,334,008

37

VT

2

193,000

96,500

6

WA

25

126,592,900

5,063,716

23

WI

4

16,820,000

4,205,000

34

WV

1

1,000,000

1,000,000

Undisclosed/Other

1

25,250,000

25,250,000

Grand Total

623

$3,842,256,400

$6,167,346

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