California, Texas and Massachusetts (spelled M-I-T) may have the highest total venture capital spending on nanotech, but on a per capita basis, tiny Rhode island spends the most. And isn't that only right, that the smallest state be ranked number one in nanotech?

Here are the top ten states in nanotech venture capital spending per capita:

1. Rhode Island
2. Massachusetts
3. California
4. Wisconsin
5. Missouri
6. Arizona
7. Maryland
8. North Carolina
9. Michigan
10. Texas

Thanks to nanodot for unearthing the total VC spending figures from the July/August 2006 issue of Small Times, which I based my per capita calculations on.