diff --git a/.changes/unreleased/Features-20241120-112806.yaml b/.changes/unreleased/Features-20241120-112806.yaml
new file mode 100644
index 00000000..a135f946
--- /dev/null
+++ b/.changes/unreleased/Features-20241120-112806.yaml
@@ -0,0 +1,6 @@
+kind: Features
+body: Introduce new Capability for MicrobatchConcurrency support
+time: 2024-11-20T11:28:06.258507-05:00
+custom:
+  Author: michelleark
+  Issue: "359"
diff --git a/dbt/adapters/capability.py b/dbt/adapters/capability.py
index 2bd49112..f0243053 100644
--- a/dbt/adapters/capability.py
+++ b/dbt/adapters/capability.py
@@ -21,6 +21,9 @@ class Capability(str, Enum):
     """Indicates support for getting catalog information including table-level and column-level metadata for a single
     relation."""
 
+    MicrobatchConcurrency = "MicrobatchConcurrency"
+    """Indicates support running the microbatch incremental materialization strategy concurrently across threads."""
+
 
 class Support(str, Enum):
     Unknown = "Unknown"