Innovation Development

We work as a catalyst for helping to grow our state by building tech companies and creating jobs through the advancement of accelerator programs, corporate partnership engagement and support of the tech ecosystem and communities in which we service.

Since 2019, we have partnered with Techstars to develop a first-of-its-kind corporate accelerator program, focused on growing innovations in energy technology. Together, Alabama Power and Techstars support cohorts of founders across an intensive, 13-week program. We source through thousands of companies and select 12 companies per year to complete our program. The companies selected receive seed funding, business coaching and mentorship from business leaders in the Techstars network and Alabama’s business community.