Innovate Alabama Tax Credit Program Opens

 Innovate Alabama is accepting applications for its Tax Credit Program, an initiative designed to strengthen Alabama’s entrepreneurial ecosystem. The program provides tax incentives to donors powering entrepreneurial development organizations (EDOs), including technology accelerators and innovation hubs, helping them equip startups with resources to grow. Through this program, Alabama-based EDOs may apply for status to qualify for funding, while businesses and individuals contributing to approved projects can receive a dollar-for-dollar tax credit. Applications will close on May 1.