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 received over $929,000 in grants from the District's Commercial Property Acquisition Fund and the Small Medium Business Growth Fund, demonstrating a commitment to local business sustainability. V-Tech Solutions, founded by Victor P.

Holt, will serve as the corporate headquarters within the Holt Building, which will also host the Dripbar IV MedSpa and the Holt Family Foundation. Deputy Mayor Nina Albert noted that these programs help local businesses establish a permanent presence and create long-term economic opportunities. Victor P. Holt, who also serves on the National HUBZone Council, stressed the importance of public investment in fostering innovation. The Bowser Administration's FY26 Grow DC Budget focuses on supporting small businesses and job creation.

Key investments include $2. 4 million for the Technology Ecosystem Fund and $52 million for the DC Venture Capital Program. These initiatives aim to enhance local entrepreneurship and strengthen the District's economy.