An Assessment of Early-Stage Venture Capital in Greater Philadelphia: 1986 to 1996

The Greater Philadelphia Venture Group, an organization of leading venture capital firms based in the area, asked the Pennsylvania Economy League -- Eastern Division to analyze the financing of early-stage companies in Greater Philadelphia by the venture capital industry.

The primary purpose of this report was to assess venture backing of early-stage companies in the region over the past 10 years (1986 to 1996), with a particular emphasis on the level of investment made in early-stage companies; the industries of early-stage companies that were backed by venture capital; and the origin of venture capital investments.