*'''Texas''' - CAPCO is a private, state-government sponsored venture capital company created to increase availability of funds for small businesses with a primary workforce and set-up location in Texas.
:::- Texas Emerging Technology Fund(TETF) was formed in 2005 to give Texas an opportunnity to fund companies with high-tech research and development of emerging technologies. The fund target companies with the innovation and commercialization to have a profound and long-lasting impact on Texas that would ehance economic benefits and inspire scientific breakthroughs.:::- Texas Enterprise Fund(TEF) was formed in 2003 increase employment and investment in Texas. The fund invested in companies with potential for a significant rate of return. It attracted new businesses and entrepreneurs to Texas in order to generate jobs and capital investment.
*'''Wisconsin''' - The Qualified New Business Venture program (Angel Investment Program) was formed by the Wisconsin state government in 2003. The program works by designating startup businesses in Wisconsin in the early stages of innovative development as QNVBs. When qualified venture capital firms and angel investors give funds to these startups, the QNVBs would receive a 25 percent tax credit on the amount of the investment.
http://www.sanantonio.gov/EDD/DevelopmentOpportunities/Incentives/TexasEmergingTechnologyFund.aspx
http://gov.texas.gov/ecodev/financial_resources/texas_enterprise_fund/