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 and the grand opening of the newly renovated Holt Building in Ward 2. This $4. 5 million investment marks a key milestone for the local technology firm, founded by US Air Force veteran Victor P. Holt.

V-Tech Solutions will establish its headquarters in the Holt Building, which will also host the Dripbar IV MedSpa and the Holt Family Foundation. The project received over $929,000 in grants from the District’s Commercial Property Acquisition Fund and Small Medium Business Growth Fund, demonstrating the city's commitment to local business development. Deputy Mayor Nina Albert stated that these funds are designed to ensure sustainable growth and community benefits. Victor Holt, who also advocates for small business development nationally, underscored the importance of public investment in fostering innovation. The District aims to support local entrepreneurs through key budget initiatives, including $2.

4 million for tech startup accelerators and $52 million for venture capital. These efforts reflect the administration's focus on driving long-term economic growth and job creation for residents.