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

Washington, DCLocal News

The Bowser Administration celebrated the 25th anniversary of V-Tech Solutions, Inc. with a ceremony at the newly renovated Holt Building in Ward 2. This $4. 5 million project, supported by over $929,000 in grants, aims to enhance local job opportunities and economic growth. Founded by Victor P.

Holt, a US Air Force veteran, V-Tech has been a key player in the District’s technology and professional services sectors. The renovated building will serve as V-Tech's headquarters, as well as house the Dripbar IV MedSpa and the Holt Family Foundation, which focuses on education and workforce development. Deputy Mayor Nina Albert stated that the funds are meant to create sustainable growth and deepen local roots. Victor Holt, also a member of the National HUBZone Council, advocates for policies to improve capital access for underserved communities. The Bowser Administration's FY26 Grow DC Budget includes investments to support local entrepreneurs and strengthen commercial corridors.

Key allocations include $2. 4 million for the Technology Ecosystem Fund and $52 million for the DC Venture Capital Program.

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