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 Holt Building in Ward 2. This $4. 5 million renovation project was supported by over $929,000 in grants from the Commercial Property Acquisition Fund and the Small Medium Business Growth Fund. V-Tech Solutions, founded by Victor P.

Holt, will establish its headquarters in the Holt Building, which will also host the Dripbar IV MedSpa and the Holt Family Foundation. Deputy Mayor Nina Albert emphasized that these funds help local businesses secure permanent spaces and create sustainable growth. Holt, who serves on various boards advocating for small business development, stated that the event showcases the power of public investment combined with innovation. The Bowser Administration's focus on supporting entrepreneurs includes significant investments like $2. 4 million for the Technology Ecosystem Fund and $52 million through the DC Venture Capital Program.

These initiatives aim to expand access to capital and strengthen local job opportunities. Through such efforts, the administration seeks to build a more sustainable economy in Washington, DC.