Innovate 518 Hot Spot Tax Benefits Application

Baseline Data

Enter data from the most previous full calendar year (For example, if it is currently the middle of 2026, enter data as of 12/31/2025.)
Total amount of business revenue:*
Enter 0 if none.
Total amount of capital raised:*
Enter 0 if none.
Total amount of SBIR/STTR funding awarded: *
Enter 0 if none.
Total amount of capital expenditures: *
Enter 0 if none.
Estimated annual cost-savings: *
Enter 0 if none.
Total number of paid full-time and part-time employees: *
Enter 0 if none. Do not count contractors (1099s).
Number of NEW employees (full-time and part-time) hired in the past calendar year: *
Enter 0 if none. Do not count contractors (1099s).

Supporting Documentation
Upload your CEO Endorsement letter:

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Upload your articles of incorporation (showing that your company is in its first five years of operation):

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Please attest to the following statements by checking each box:

At the time of this application, my company is a member of good standing with the incubator selected below.At the time of this application, my company is five years old or less (or 7 years or less for life sciences).At the time of this application, my company was earning less than $1 million in annual revenue.At the time of this application, my company is not a publicly traded entity, nor is a related person.
Should be Empty:

Baseline Data