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 and the grand opening of the renovated Holt Building in Ward 2, marking a significant milestone for the local technology firm. The $4. 5 million project was backed 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 use the Holt Building for its corporate headquarters, along with the Dripbar IV MedSpa and the Holt Family Foundation.

Deputy Mayor Nina Albert highlighted that these funds aim to establish a permanent presence for local businesses and create long-term economic opportunities. Holt, who also serves as Vice Chair of the National HUBZone Council, stressed the value of public investment in small business innovation. The Bowser Administration's FY26 Grow DC Budget includes key investments to bolster local entrepreneurs, such as $2. 4 million for the Technology Ecosystem Fund and $52 million for the DC Venture Capital Program. These initiatives aim to expand job opportunities and drive sustainable economic growth in the District.

The focus on local ownership and investment reflects a commitment to strengthening the community.