State Technology and Science Index | Risk Capital and Entrepreneurial Infrastructure Composite Index

Sub-Indexes

Risk Capital and Entrepreneurial Infrastructure (RCI)

States entrepreneurial capacity and risk capital infrastructure are ingredients that determine their success in converting research into commercially viable technology services and products. We include measures of venture capital as well as entrepreneurial activity such as patents, business formation, and initial public offerings.

2020

State	Rank	Score
California	1	85.82
Colorado	2	84.00
Massachusetts	3	83.45
Utah	4	74.18
Washington	5	73.64
Minnesota	6	69.09
Oregon	7	68.73
New York	8	68.18
Texas	9	65.45
Pennsylvania	10	63.82
New Hampshire	11	63.27
Delaware	12	62.00
Illinois	13	61.27
New Jersey	14	60.18
Connecticut	15	59.82
Florida	16	58.36
North Carolina	17	57.82
Maryland	18	56.91
Arizona	19	55.45
Georgia	20	54.73
Montana	21	52.73
New Mexico	22	52.55
Tennessee	23	52.18
Ohio	24	52.00
Virginia	25	50.91
Indiana	26	50.73
Wisconsin	27	48.00
Michigan	28	47.82
Idaho	29	46.73
Vermont	29	46.73
Kentucky	31	46.00
South Carolina	31	46.00
Hawaii	33	44.73
Maine	33	44.73
Kansas	35	44.55
Rhode Island	36	43.64
Missouri	37	42.91
Arkansas	38	42.55
North Dakota	39	39.64
Wyoming	40	39.45
Nevada	41	36.18
Nebraska	42	34.00
Oklahoma	43	33.09
South Dakota	44	32.18
Iowa	45	28.00
Alabama	46	27.64
Louisiana	47	26.18
Mississippi	48	24.73
Alaska	49	18.55
West Virginia	50	5.27

2018

State	Rank	Score
Alabama	39	35.00
Alaska	48	13.80
Arizona	30	42.17
Arkansas	36	36.17
California	4	74.33
Colorado	2	77.50
Connecticut	25	49.17
Delaware	15	57.67
Florida	8	68.00
Georgia	19	53.50
Hawaii	47	16.33
Idaho	28	45.17
Illinois	10	62.50
Indiana	21	52.50
Iowa	41	33.00
Kansas	37	35.50
Kentucky	42	26.50
Louisiana	40	33.83
Maine	29	42.33
Maryland	6	68.33
Massachusetts	1	81.17
Michigan	12	58.50
Minnesota	21	52.50
Mississippi	49	11.33
Missouri	27	47.67
Montana	32	40.50
Nebraska	33	38.17
Nevada	34	36.67
New Hampshire	23	52.00
New Jersey	20	53.00
New Mexico	18	54.00
New York	6	68.33
North Carolina	9	66.50
North Dakota	44	23.60
Ohio	24	50.33
Oklahoma	43	25.17
Oregon	16	54.33
Pennsylvania	14	58.17
Rhode Island	13	58.33
South Carolina	26	48.17
South Dakota	45	19.20
Tennessee	38	35.17
Texas	11	59.67
Utah	3	76.17
Vermont	31	41.50
Virginia	34	36.67
Washington	5	70.00
West Virginia	50	10.33
Wisconsin	16	54.33
Wyoming	46	17.40

2016

State	Rank	Score
California	1	79.00
Massachusetts	2	78.67
Colorado	3	72.91
New York	4	72.17
North Carolina	5	71.45
Utah	6	71.27
Missouri	7	70.40
Maryland	8	70.36
Georgia	9	67.00
Oregon	10	66.36
Connecticut	11	66.18
Texas	12	66.00
Vermont	13	65.45
New Hampshire	14	64.50
Washington	15	64.18
Minnesota	16	62.73
Illinois	17	61.64
Arizona	18	61.17
Nebraska	19	58.60
Wisconsin	20	58.00
New Jersey	21	57.80
Tennessee	22	57.27
Michigan	23	56.36
Pennsylvania	24	55.83
Virginia	25	55.00
Florida	26	54.18
Idaho	27	53.40
Rhode Island	28	53.33
Delaware	29	52.80
Kansas	30	51.82
Maine	31	50.73
New Mexico	32	48.36
Ohio	33	48.00
South Dakota	34	47.33
Oklahoma	35	46.73
Louisiana	36	44.55
Nevada	37	43.82
Alabama	38	43.45
Kentucky	39	43.40
North Dakota	40	43.33
Arkansas	41	43.00
South Carolina	42	42.40
Indiana	43	42.00
Alaska	44	41.33
Montana	45	39.82
Iowa	46	39.40
Wyoming	47	36.33
West Virginia	48	34.00
Mississippi	49	32.86
Hawaii	50	27.50

2014

State	Rank	Score
Massachusetts	1	81.50
California	2	78.17
New York	3	73.00
Texas	4	70.50
Maryland	5	68.83
Pennsylvania	6	68.67
Colorado	7	68.55
New Jersey	7	68.55
New Hampshire	9	67.80
Utah	10	67.09
Minnesota	11	64.17
North Carolina	12	63.82
Virginia	13	63.60
Connecticut	14	62.18
Washington	15	61.82
North Dakota	16	61.40
Arizona	17	61.00
Vermont	18	60.60
Delaware	19	59.80
Ohio	20	59.64
Florida	21	59.09
Rhode Island	22	58.20
Illinois	23	57.83
Oregon	24	57.00
Michigan	25	56.18
Georgia	26	55.27
Tennessee	27	54.73
South Carolina	28	53.80
Nevada	29	51.40
New Mexico	30	49.64
Missouri	31	49.20
Louisiana	32	49.00
Nebraska	33	48.80
Kansas	34	48.40
Oklahoma	35	48.36
Wisconsin	36	46.00
Iowa	37	44.89
Arkansas	38	44.67
Hawaii	39	44.20
Idaho	40	42.60
Maine	41	42.18
Indiana	42	42.17
Kentucky	43	37.80
Mississippi	44	35.40
Alabama	45	34.36
West Virginia	46	34.20
South Dakota	47	32.25
Wyoming	48	29.14
Alaska	49	23.14
Montana	50	17.11