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 renovated Holt Building in Ward 2. This $4. 5 million project benefited from over $929,000 in grants from the District's Commercial Property Acquisition Fund and the Small Medium Business Growth Fund. Founded by Victor P.

Holt, a native Washingtonian and US Air Force veteran, V-Tech plays a vital role in strengthening the local economy. The Holt Building will house V-Tech's corporate headquarters, a new health venture, and the Holt Family Foundation, which focuses on education and workforce development. Deputy Mayor Nina Albert noted that these funding programs aim to foster local business growth and sustainable economic development. Victor Holt, also a member of various local business councils, stressed the importance of collaboration between public investment and small business innovation. The Bowser Administration's FY26 Grow DC Budget emphasizes support for small businesses, including $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, create jobs, and enhance local ownership in Washington, DC.