Bowser Administration Celebrates 25th Anniversary of V-Tech Solutions and Grand Opening of the Holt Building

The Bowser Administration celebrated V-Tech Solutions' 25th anniversary and the grand opening of the newly renovated Holt Building in Ward 2. This $4. 5 million project was supported by over $929,000 in grants from the District’s Commercial Property Acquisition Fund and the Small Medium Business Growth Fund. The Holt Building will accommodate V-Tech's corporate headquarters, a new health venture called Dripbar IV MedSpa, and the Holt Family Foundation, aimed at enhancing education and workforce development in the District. Deputy Mayor Nina Albert stated that these initiatives are designed to help local businesses establish a lasting presence while creating economic opportunities.

Victor P. Holt, the founder, also serves as Vice Chair of the National HUBZone Council and advocates for small business access to capital in underserved communities. The Bowser Administration is committed to supporting local entrepreneurs, evident through the FY26 Grow DC Budget, which allocates funds for technology startups and business growth. Key investments include $2. 4 million for the Technology Ecosystem Fund and $52 million through the DC Venture Capital Program.

These efforts are crucial for strengthening commercial corridors and fostering sustainable economic growth in the District.