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 and the grand opening of the newly 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. Victor P. Holt, a US Air Force veteran and founder of V-Tech, highlighted the intersection of public investment and small business innovation as key to economic prosperity.
The Holt Building will host V-Tech's headquarters, a new health and wellness venture, and the Holt Family Foundation, which focuses on education and workforce development. Deputy Mayor Nina Albert noted that the funding programs aim to establish long-term roots for local businesses and create job opportunities for residents. The Bowser Administration's FY26 Grow DC Budget includes significant investments to support local entrepreneurs, including $2. 4 million for a Technology Ecosystem Fund and $52 million for the DC Venture Capital Program. These initiatives are designed to foster sustainable growth and enhance the District's economy.
V-Tech Solutions' ongoing commitment to community development and local partnerships showcases its role in strengthening Washington, DC's economic landscape.