T. Rowe Price Foundation Launches Moonshot Initiative to Support Baltimore's Social Entrepreneurs

The T. Rowe Price Foundation, alongside Ignite Capital, has introduced the Moonshot initiative, a program dedicated to empowering social entrepreneurs in Baltimore. This initiative reflects T. Rowe Price's long-standing dedication to promoting sustainable business practices and investing in community development. Entrepreneurs chosen for the program benefit from financial assistance and participate in tailored sessions aimed at fostering their growth and societal contributions.

Raymone Jackson, the president of the T. Rowe Price Foundation, underscored the initiative's focus on aiding organizations that are innovative and centered around community welfare. Jay Nwachu from Innovation Works and Ignite Capital pointed out the significance of supporting entrepreneurs who are committed to equity, resilience, and community engagement in their business endeavors.

The 2025 Moonshot cohort includes a variety of entrepreneurs such as Trevor Pryce of OVFX, a media studio creating original content; Sid Sharma of Wild Bay, a company focused on sustainable beverages; Nnadagi Isa of Lor Tush, which offers eco-conscious personal care products; Nicole Foster of Sommos, an AI-driven storytelling platform; and Crystal I. Berger of EBO, which is pioneering AI innovations in media operations. These individuals exemplify a broad spectrum of industries, all driven by the goal of creating a meaningful difference in Baltimore and further afield.