States Expanding High Tech Businesses – Thirty-six states run venture capital funds that have encouraged economic development through early support for local businesses.

Other states– including California and Colorado — have targetted portions of their state pension funds for local investments, getting good returns for retirees and strengthening the tax base which is the other key leg for supporting those pension funds for the future.

Full Article: http://www.progressivestates.org/blog/194/states-expanding-high-tech-businesses