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

The Bowser Administration celebrated V-Tech Solutions, Inc. 's 25th anniversary and the grand opening of the Holt Building, which will serve as the firm's corporate headquarters. This $4. 5 million renovation was funded by over $929,000 in grants from the District’s Commercial Property Acquisition Fund and the Small Medium Business Growth Fund. Victor P.

Holt, the company's founder and CEO, stated that the event showcases the potential of public investment combined with small business innovation. The Holt Building will also accommodate the Dripbar IV MedSpa and the Holt Family Foundation, which is dedicated to education and workforce development initiatives. Deputy Mayor Nina Albert noted that these funding programs are designed to create sustainable economic opportunities for local businesses in DC. The Bowser Administration's FY26 Grow DC Budget includes key investments to support small businesses, such as $2. 4 million for the Technology Ecosystem Fund and $52 million for the DC Venture Capital Program.

These efforts aim to enhance access to capital and foster local entrepreneurship. Victor Holt also advocates for policies benefiting underserved communities as Vice Chair of the National HUBZone Council.