Ann Arbor just misses 'Top 10' in venture capital investment per capita

According to a report in the Fiscal Times, Ann Arbor has the 11th highest rate of venture capital investment per capita in America, with firms investing $24.10 per 100,000 residents.

It remains clear that Northern California is head-and-shoulders above the rest of the country when it comes to venture capital investment in startup companies, but once you get out of Silicon Valley the playing field starts to even out across the country.

The San Jose metropolitan area leads all cities with $216.90 invested per 100,000 residents and is joined at the top of the list by the San Francisco-Oakland region, which invests $159.10 per 100,000 people. After a steep drop-off, Boulder, Colo., comes in third followed by Boston and Santa Barbara.

Ann Arbor’s position on the list shows an active yet nascent local startup scene. The city ranks fifth in the number of deals made, meaning that venture firms are making more small investments into early-stage Ann Arbor companies, rather than the big “blockbuster” investments found more often on the coasts.

• See the full list from the Fiscal Times here.

Ben Freed covers business for AnnArbor.com. You can sign up here to receive Business Review updates every week. Get in touch with Ben at 734-623-2528 or email him at benfreed@annarbor.com. Follow him on twitter @BFreedinA2