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. by inaugurating the newly renovated Holt Building in Ward 2. This $4. 5 million project, backed by over $929,000 in grants from the Commercial Property Acquisition Fund and Small Medium Business Growth Fund, aims to bolster local job opportunities and economic development in Washington, DC. V-Tech, founded by US Air Force veteran Victor P.

Holt, will operate its corporate headquarters from this location, alongside a new health and wellness venture and the Holt Family Foundation, which focuses on education and workforce development. Deputy Mayor Nina Albert highlighted the significance of such funding programs in fostering sustainable business growth within the community. Holt, who also advocates for small business development nationally, noted the event symbolizes the potential of public investment combined with private innovation. The Bowser Administration’s FY26 Grow DC Budget prioritizes supporting local entrepreneurs and job creation, with planned investments including $2. 4 million for the Technology Ecosystem Fund and $52 million for the DC Venture Capital Program.

These initiatives aim to expand access to capital for early-stage businesses and help them establish permanent roots in the city. Such developments underscore Washington, DC's commitment to enhancing its position as a hub for technology and innovation.