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. The $4. 5 million project, funded by over $929,000 in grants, will serve as V-Tech's corporate headquarters, alongside the Dripbar IV MedSpa and the Holt Family Foundation. Deputy Mayor Nina Albert highlighted that the investment is intended to help local businesses establish a permanent presence and foster long-term economic opportunities in Washington, DC.

Victor P. Holt, a US Air Force veteran and the company's founder, is also a vice chair of the National HUBZone Council, advocating for small business development in underserved areas. The initiative reflects the Bowser Administration's commitment to enhancing the local economy through the FY26 Grow DC Budget, which focuses on job creation and business expansion. Key investments include $2. 4 million for the Technology Ecosystem Fund and $52 million through the DC Venture Capital Program, aimed at supporting local entrepreneurs.

The Holt Building renovation exemplifies the collaboration between public investment and small business innovation. This project is expected to contribute to a more sustainable economy in the District.