Moonshot Initiative

Moonshot Initiative is a grant from the T. Rowe Price Foundation in partnership with Ignite Capital that funds Baltimore-based social entrepreneurs building enterprises that strengthen underserved communities and shift markets through impact investing principles.

The program highlights bold founders driving community impact and economic opportunity in under-resourced neighborhoods, providing financial awards and capacity-building support. Eligible applicants are Baltimore-based social entrepreneurs and founders whose ventures integrate community development with market innovation. Specific award amounts are not publicly disclosed.

No current deadline is listed.

MOONSHOT – IGNITE CAPITAL MOONSHOT: WHERE IDEAS IGNITE! Presented by the T. Rowe Price Foundation in partnership with Ignite Capital Moonshot 2025: Where Ideas Ignite is a high-energy gathering spotlighting bold founders, investors, and business leaders driving Baltimore’s future.

Moonshot highlights entrepreneurs building social enterprises that strengthen communities and shift markets. Ignite Capital, in collaboration with Innovation Works , supports Baltimore social enterprises in under-resourced communities by helping them attract investment and fuel long-term neighbourhood success.

At Moonshot, we’re doubling down on that mission—connecting visionary founders with the people and platforms that can drive real growth. This isn’t just a showcase—it’s momentum in motion. WHAT IS IMPACT INVESTING?

Impact investing is an investment approach that intentionally seeks to generate measurable social benefits alongside financial returns. This practice demonstrates how private capital is a powerful force for positive change, addressing urgent challenges that neither government nor philanthropy can solve alone.

By uniting mission- and values-driven enterprise with financial discipline, impact investing offers investors a pragmatic way to create value for both shareholders and society, positioning capital as a driver of sustainable, systemic change.

Looking ahead, inspired by the power of social entrepreneurship and impact investing, Ignite Capital’s vision is for Baltimore to emerge as a model of progress, lighting the way toward a prosperous future for all residents. Channels capital into hyper local strategies that directly address systemic inequities Uses a business approach to address real-world problems. Strengthens local economies and expands opportunity.

We are proud to support a growing network of social entrepreneurs building ventures rooted in purpose and community impact. These founders are not only creating jobs and driving innovation—they’re also addressing some of Baltimore’s most urgent challenges. From wellness to workforce development, creative arts to climate solutions, their enterprises reflect the resilience and brilliance of the communities they serve.

IGNITE CAPITAL OPPORTUNITIES: FUELING THE FUTURE Fueling The Future Of Social Enterprise In Baltimore City! Ignite Capital invests in Baltimore-based social enterprises whose success can transform the city’s historically disinvested communities that need it most. Accordingly, Ignite Capital’s investment approach directly addresses the barriers that impact these enterprises and the entrepreneurs who lead them.

Ignite Capital is bridging critical financing gaps in Baltimore’s entrepreneurial ecosystem and is uniquely positioned to transform the city’s economic landscape. We invite you to invest in a brighter, more prosperous future today.