Mapping the Midwest Innovation Ecosystem

The Midwest produces 16% of US GDP and raises 4.9% of US tech VC

Share of US GDP in 2024 and share of US tech venture capital raised from 2021 to 2025.

Share of US GDP16%

Economic output generated by the Midwest.

0481216%

3.3x

GDP share vs VC share

VC share over 2021–2025; 3.2% in 2025 alone.

Share of US tech VC4.9%

Venture capital captured by Midwest startups.

0481216%