Quote:
Originally Posted by CaliNative
The Bay Area for decades has had a huge venture capitalist community, often centered on Stanford connections, that funds start up tech companies.
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The Bay Area has for decades been the single most concentrated source of venture capital on the planet . . . and for decades, Boston has been the
second largest VC center in North America, after SF and ahead of NYC. It's been the country's largest biotech VC center and largest NIH recipient for most of my 40+ years. Massachusetts Congressional District 7 alone (Boston, Cambridge, bits of a few other inner ring burbs) receives more NIH grants this year (and basically every year) than any other whole state not named NY, CA, or PA.
Massachusetts Congressional District 7, 2022 NIH grants: $2,053,125,028
Massachusetts Districts 7 + 8, 2022 NIH grants: $2,677,328,027
Mass statewide 2022 NIH grants: $3,219,114,473
Combined 2022 NIH grants for the states of Ohio, Michigan, and Florida: $2,675,538,379
Combined 2022 NIH grants for the states of Alaska, Alabama, Delaware, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, (Puerto Rico), South Carolina, South Dakota, Vermont, West Virginia, Wyoming: $2,025,576,487
Lots of fun NIH stuff here.
Nuts to think MA, CA, and NY make up over 50% of the country's NIH research.