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 newly renovated Holt Building in Ward 2. Victor P. Holt, a US Air Force veteran and founder of V-Tech, described the event as a celebration of public investment and small business innovation. The $4.

5 million project was supported by over $929,000 in grants from the District’s Commercial Property Acquisition Fund and the Small Medium Business Growth Fund. The renovated building will house V-Tech's corporate headquarters, the Dripbar IV MedSpa, and the Holt Family Foundation, which focuses on education and workforce development. Deputy Mayor Nina Albert emphasized the significance of these funds in fostering long-term economic opportunities for local businesses. Holt also serves as Vice Chair of the National HUBZone Council, advocating for policies that support small business growth in underserved communities. The Bowser Administration's FY26 Grow DC Budget includes key investments aimed at bolstering local entrepreneurs, such as $2.

4 million for the Technology Ecosystem Fund and $52 million through the DC Venture Capital Program. These initiatives reflect the District’s commitment to creating job opportunities and a sustainable economy.