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 with the grand opening of the renovated Holt Building in Ward 2. Founded by Victor P. Holt, a US Air Force veteran, the firm is a certified business enterprise that plays a key role in strengthening the local economy. The $4.

5 million project received over $929,000 in grants from the District’s Commercial Property Acquisition Fund and the Small Medium Business Growth Fund, showcasing the city's commitment to supporting local businesses. The renovated building will house V-Tech's headquarters, the new Dripbar IV MedSpa, and the Holt Family Foundation, which focuses on education and workforce development. Deputy Mayor Nina Albert emphasized that these funds aim to create long-term economic opportunities for DC residents. Holt, who serves as Vice Chair of the National HUBZone Council, advocates for policies that foster small business development in underserved communities. The event highlights the synergy between public investment and commercial innovation, reinforcing the city's position as a leader in technology and entrepreneurship.

The Bowser Administration's FY26 Grow DC Budget aims to further support small businesses and job creation through substantial investments.