How much funding does Ignite Fund provide?

The listing does not state a funding amount. Check the funder's announcement for specifics.

When is the deadline for Ignite Fund?

The funder has not published a deadline for this grant.

How often is Ignite Fund offered?

Ignite Fund is described as a one-time opportunity.

Ignite Fund

Foundation One-time Grants for Black-Owned Businesses Grants for Women-Owned Businesses Small Business Grants Community Development Grants

Funding Amount

Not stated

Deadline

Deadline not published

Grant Type

Foundation

Deadline history & next window

Cycle: One-time opportunity
Tracked since: April 2026

Source: the cycle recorded on this listing. Confirm dates with the funder.

Overview

Geographic Scope: Baltimore City, Maryland, US

Purpose: Fuel the growth of social enterprises in Baltimore—especially those led by historically marginalized populations. Designed to close the wealth gap by investing in people, enterprises, and ideas too often overlooked by traditional capital.

Focus Areas:

Food and manufacturing
Health and wellness
Arts and culture
Creative economy
Health/human services

What They Fund:

Social enterprises rooted in community
Historically underinvested neighborhoods in Baltimore City
Early-stage companies across various sectors
Job creation and commercial corridor revitalization

Capital Types Offered:

Venture debt
Loans
Revenue share
Grants
Hybrid instruments

Support Beyond Capital:

Mentorship
Technical assistance
Market access
Network support
Whole-person care

Impact Achieved:

Invested over $3 million
Supported 42 enterprises
Created 603 jobs (193 full-time, 226 part-time, 184 contractual)
95% Black-led enterprises
69% women-led or co-led
33% average year-over-year revenue growth
20 enterprises in commercial spaces
74% total workforce in Baltimore City

Contact:

Physical Location: 5 N Calhoun St, Suite 202, Baltimore, MD 21223
Mailing Address: 1400 Greenmount Ave, Suite B01, Baltimore, MD 21202
Website: ignitecapital.org

What Ignite Capital Inc actually gave

Source: IRS Form 990, 2025

Grants in 2025: 7
Total given: $36K
Median grant: $5,000
Range: $5,000–$6,000

By dollars: Maryland 100%. Top recipient cities: Baltimore, MD.
100% of grants with a stated purpose were for general or operating support.

Example grants

Future Makers · Baltimore, MD

Support mission-related programs and operations

$6,000
Wild Bay · Baltimore, MD

Support mission-related programs and operations

$5,000
Identity Access Project · Baltimore, MD

Support mission-related programs and operations

$5,000
What the Sprout · Baltimore, MD

Support mission-related programs and operations

$5,000
Revolutionary Hearts Industries LLC · Baltimore, MD

Support mission-related programs and operations

$5,000