T. Rowe Price Foundation and Ignite Capital Launch Moonshot Initiative to Empower Baltimore Entrepreneurs

The Moonshot initiative by T. Rowe Price Foundation and Ignite Capital supports Baltimore-based social entrepreneurs with financial awards and capacity-building sessions to foster economic growth and social impact.

July 10, 2025
T. Rowe Price Foundation and Ignite Capital Launch Moonshot Initiative to Empower Baltimore Entrepreneurs

The T. Rowe Price Foundation, in collaboration with Ignite Capital, has unveiled the Moonshot initiative, a program aimed at bolstering Baltimore's social entrepreneurs. This initiative not only provides financial support but also offers a series of growth-focused sessions, enabling entrepreneurs to engage with T. Rowe Price associates and partners. The program underscores T. Rowe Price's commitment to fostering business sustainability and community investment.

Raymone Jackson, president of the T. Rowe Price Foundation, highlighted the initiative's role in supporting innovative and sustainable solutions within the community. Similarly, Jay Nwachu of Innovation Works and Ignite Capital emphasized the importance of equity, resilience, and community in the entrepreneurs' ventures.

Among the 2025 Moonshot participants are Trevor Pryce of OVFX, a media studio; Sid Sharma of Wild Bay, a sustainable beverage company; Nnadagi Isa of Lor Tush, offering eco-friendly personal care products; Nicole Foster of Sommos, an AI-powered storytelling platform; and Crystal I. Berger of EBO, a leader in media innovation through AI platforms. These entrepreneurs represent a diverse range of industries, all contributing to Baltimore's economic and social landscape.

For more information, visit https://www.troweprice.com/newsroom.