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 renovated Holt Building in Ward 2. The $4. 5 million project aims to enhance local economic growth and job creation. Over $929,000 in grants were allocated from the District’s Commercial Property Acquisition Fund and the Small Medium Business Growth Fund to support this venture.
Deputy Mayor Nina Albert noted that these programs help local businesses establish a permanent presence in Washington, D. C. Victor P. Holt, founder of V-Tech, also serves on the National HUBZone Council, advocating for policies that support small business development. The Bowser Administration's FY26 Grow DC Budget includes key investments to foster entrepreneurship, such as $2.
4 million for the Technology Ecosystem Fund and $52 million for the DC Venture Capital Program. These initiatives aim to expand access to capital and support the growth of local tech startups. The event underscores the collaboration between public investment and small business innovation in Washington, D. C.