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. and the grand opening of the renovated Holt Building in Ward 2, a significant milestone for the DC-based technology firm. The $4. 5 million renovation project was supported by over $929,000 in grants from the District’s Commercial Property Acquisition Fund and the Small Medium Business Growth Fund. V-Tech Solutions, founded by Victor P.

Holt, will operate its corporate headquarters in the Holt Building, which will also house a new health and wellness venture and the Holt Family Foundation focused on education. Deputy Mayor Nina Albert highlighted the funds' role in fostering sustainable economic growth for local businesses. Holt, also Vice Chair of the National HUBZone Council, advocates for policies benefiting underserved communities. He noted that the event showcased the potential of public investment combined with small business innovation. The Bowser Administration's FY26 Grow DC Budget aims to support local entrepreneurs, enhance commercial areas, and strengthen the economy.

Key investments include $2. 4 million for the Technology Ecosystem Fund and $52 million for the DC Venture Capital Program to expand access to capital for startups.