Wednesday, March 12, 2008
Every Start-Up Is Somebody in New Mexico
Finding it difficult to land VC money for your new start-up? Here’s a bit of advice: Move to New Mexico or Pittsburgh, where venture funding is just surging.
According to data released today by PricewaterhouseCoopers, the National Venture Capital Association and Thomson Financial, VC investment in New Mexico is up an astonishing 375% from a decade ago, the number of start-ups up 600 percent. Equally as impressive is Pittsburgh, where VC investment is up 513 percent and the number of start-ups is up 267 percent.
