Transformational leadership style, also known as contemporary leadership, is described as the ability of leaders of promoting innovation, instilling entrepreneurship and bringing change within organizations. In order to be successful, IT companies should pay more attention on how to maintain a constant innovative attitude among their members. Added value can only be achieved if factors and dimensions like leadership, culture, innovative climate behavior and organizational culture rally towards the same goal. While building the right organizational structure, where ideas and processes will be developed and implemented, innovation will create value depending on the organizational climate; this dimension, which is the key for organizations towards achieving the goal of being industry leaders by favoring the right attitude and building a creative climate, will drive individual innovative behavior to enhance perception to a new level on the market. The aim of this article is to examine the relationship between the transformational leadership style and the perceived organizational climate for innovation within software companies. We used a 50 items structured questionnaire developed by Delaney and Huselid in 1996 and applied it for a number of software developers as active members within organizations. The results will be analyzed using the Statistical Program for Social Sciences (SPSS) 2.0 and a few statistical techniques will be applied. Results will show if there is an impact of transformational leadership on the organizational climate for innovation, on all the nine dimensions that were taken into consideration.