Bowser Administration Celebrates 25th Anniversary of V-Tech Solutions and Grand Opening of the Holt Building

The Bowser Administration celebrated V-Tech Solutions, Inc. 's 25th anniversary alongside the grand opening of the newly renovated Holt Building in Ward 2. This $4. 5 million project will host V-Tech's corporate headquarters, the Dripbar IV MedSpa, and the Holt Family Foundation, which focuses on education and workforce development. The renovation received over $929,000 in support from the District's Commercial Property Acquisition Fund and Small Medium Business Growth Fund.

Deputy Mayor Nina Albert highlighted the importance of these funds in helping local businesses establish a sustainable presence in the city. Victor Holt, a US Air Force veteran and founder of V-Tech, serves as Vice Chair of the National HUBZone Council, advocating for small business development. The Bowser Administration's investments include $2. 4 million for a Technology Ecosystem Fund and $52 million for the DC Venture Capital Program to expand access to capital. These initiatives aim to strengthen the local economy and create job opportunities for residents.

The celebration underscores the intersection of public investment and small business innovation in Washington, DC.