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 renovated Holt Building in Ward 2. The $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. V-Tech Solutions, a certified business enterprise founded by Victor P. Holt, will relocate its headquarters to the Holt Building, which will also host the Dripbar IV MedSpa and the Holt Family Foundation.

Deputy Mayor Nina Albert highlighted the funds' role in establishing a sustainable local business presence. Holt, who advocates for small business development, praised the collaboration between public investment and commercial banking. The Bowser Administration's FY26 Grow DC Budget includes key investments to bolster local entrepreneurs, such as $2. 4 million for the Technology Ecosystem Fund. Additionally, $52 million through the DC Venture Capital Program aims to expand access to capital for early-stage businesses.

This initiative illustrates the administration's commitment to strengthening DC's economy and creating job opportunities for residents.