2026 Innovate Alabama Tax Credit Program

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Address

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Contribution Amount in $

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You can contribute up to half of your 2026 (not 2025) Alabama state income tax liability as an individual or a business.

For individuals here is a helpful guide on how much you can direct based on your household annual income.

Innovate Alabama
1320 1st Ave South
Birmingham, AL 35233

RE: Statement of Interest in Support of the Innovating Alabama Tax Credit Program

Dear Innovate Alabama Team:

I am committed to fostering economic growth and innovation in Alabama. I recognize that access to early-stage capital, resources for entrepreneurs, and the development of a strong innovation ecosystem are critical to the long-term prosperity of our state. Supporting initiatives that drive technological advancements and high-growth industries will strengthen Alabama’s economy and create new opportunities for businesses and residents alike.

To that end, I am writing to express my commitment to supporting the Gener8tor program under an approved economic development organization (EDO) that meets the criteria as defined by Innovate Alabama. I understand that Gener8tor and the approved EDO intends to utilize funds to support innovation-focused programs that will drive entrepreneurial success and economic impact.

In support of this initiative, I commit to contributing ${contributionAmount} for use in its Innovating Alabama tax credit application, contingent upon the successful approval for tax credits under the program. This commitment shall become binding only if and when the EDO is allocated tax credits by Innovate Alabama for the the 2026 application round.

I appreciate the opportunity to support Alabama’s innovation economy and look forward to contributing to initiatives that position our state for long-term success.

Sincerely,

{name}

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