There's a new New York-focused study that came out last month which compared that state's efforts with other states in encouraging investment in start-up ventures.

Interestingly, the study claimed that Maryland does a better job than New York in turning federal research and development dollars into viable businesses.

I couldn't get access to the full study, but here's the press release that details it. Here's a snippet:

In 2006, NY universities and academic research centers drew $4.5 billion in primarily federal R & D spending, second only to California. In commitments to state-supported venture funds, however, New York ranked 25th, whereas California, Pennsylvania, Texas and Maryland all ranked in the top ten.

And here's a July 4th news article from the Rochester Democrat & Chronicle that gives some perspective.

What's your take on the Maryland start-up and venture capital scene? Strong or weak? I know more small companies than venture capitalists, and the common refrain I've heard in the past is that it's hard to attract attention and investment from the locals. But some think the tide is changing. Share your thoughts here. I'm all ears.