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 opening of its newly renovated Holt Building in Ward 2. This significant event for the DC-based technology firm was made possible by over $929,000 in grants from the District’s Commercial Property Acquisition Fund and the Small Medium Business Growth Fund. The $4. 5 million renovation will house V-Tech's headquarters, the Dripbar IV MedSpa, and the Holt Family Foundation, which focuses on education and workforce development. Victor P.

Holt, founder and CEO, highlighted the value of public investment in supporting small business innovation and growth. The Bowser Administration is prioritizing local entrepreneurship with the FY26 Grow DC Budget, which includes $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 and create sustainable job opportunities in the District. Furthermore, the Commercial Property Acquisition Fund will help businesses like V-Tech establish long-term roots in DC.

This commitment to supporting local businesses reflects the administration's strategy to strengthen the economy and foster community development.