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

The Bowser Administration celebrated the 25th anniversary of V-Tech Solutions, Inc. with the opening of the Holt Building in Ward 2, a project costing $4. 5 million. The project, which received over $929,000 in grants from the District’s Commercial Property Acquisition Fund and Small Medium Business Growth Fund, will serve as V-Tech’s headquarters, along with housing the Dripbar IV MedSpa and the Holt Family Foundation focused on education. Victor P.

Holt, founder of V-Tech and a US Air Force veteran, highlighted the role of public investment in driving small business success. Deputy Mayor Nina Albert noted that these funds are vital for helping local businesses establish a permanent presence in DC. The Bowser Administration's FY26 Grow DC Budget allocates millions to support technology and small business growth. Key initiatives include $2. 4 million for the Technology Ecosystem Fund and $52 million through the DC Venture Capital Program.

These investments aim to create jobs and strengthen the local economy. Overall, the event underscores the importance of community-focused entrepreneurship in Washington, DC.