Table 4 Distribution of total and...

Table 4

Distribution of total and average no. of VC-funded startups per year by state

State	Total N	Avg. N	State	Total N	Avg. N
Alabama	29	2.9	Montana	39	3.9
Alaska	3	0.3	Nebraska	7	0.7
Arizona	82	8.2	Nevada	19	1.9
Arkansas	10	1	New Hampshire	24	2.4
California	652	65.2	New Jersey	17	1.7
Colorado	125	12.5	New Mexico	88	8.8
Connecticut	46	4.6	New York	13	1.3
D.C.	17	1.7	North Carolina	301	30.1
Delaware	15	1.5	North Dakota	103	10.3
Florida	235	23.5	Ohio	2	0.2
Georgia	129	12.9	Oklahoma	101	10.1
Hawaii	12	1.2	Oregon	35	3.5
Idaho	17	1.7	Pennsylvania	38	3.8
Illinois	98	9.8	Rhode Island	118	11.8
Indiana	47	4.7	South Carolina	7	0.7
Iowa	10	1	South Dakota	22	2.2
Kansas	30	3	Tennessee	5	0.5
Kentucky	31	3.1	Texas	106	10.6
Louisiana	36	3.6	Utah	325	32.5
Maine	6	0.6	Vermont	62	6.2
Maryland	67	6.7	Virginia	8	0.8
Massachusetts	161	16.1	Washington	87	8.7
Michigan	58	5.8	West Virginia	71	7.1
Minnesota	61	6.1	Wisconsin	2	0.2
Mississippi	5	0.5	Wyoming	29	2.9
Missouri	29	2.9	Total	3615	361.5

State	Total N	Avg. N	State	Total N	Avg. N
Alabama	29	2.9	Montana	39	3.9
Alaska	3	0.3	Nebraska	7	0.7
Arizona	82	8.2	Nevada	19	1.9
Arkansas	10	1	New Hampshire	24	2.4
California	652	65.2	New Jersey	17	1.7
Colorado	125	12.5	New Mexico	88	8.8
Connecticut	46	4.6	New York	13	1.3
D.C.	17	1.7	North Carolina	301	30.1
Delaware	15	1.5	North Dakota	103	10.3
Florida	235	23.5	Ohio	2	0.2
Georgia	129	12.9	Oklahoma	101	10.1
Hawaii	12	1.2	Oregon	35	3.5
Idaho	17	1.7	Pennsylvania	38	3.8
Illinois	98	9.8	Rhode Island	118	11.8
Indiana	47	4.7	South Carolina	7	0.7
Iowa	10	1	South Dakota	22	2.2
Kansas	30	3	Tennessee	5	0.5
Kentucky	31	3.1	Texas	106	10.6
Louisiana	36	3.6	Utah	325	32.5
Maine	6	0.6	Vermont	62	6.2
Maryland	67	6.7	Virginia	8	0.8
Massachusetts	161	16.1	Washington	87	8.7
Michigan	58	5.8	West Virginia	71	7.1
Minnesota	61	6.1	Wisconsin	2	0.2
Mississippi	5	0.5	Wyoming	29	2.9
Missouri	29	2.9	Total	3615	361.5

Source(s): Author’s own creation/work