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

The Bowser Administration marked the 25th anniversary of V-Tech Solutions, Inc. and the grand opening of the newly renovated Holt Building in Ward 2. The $4. 5 million renovation was made possible through 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 US Air Force veteran Victor P.

Holt, will establish its headquarters in the new building, which will also host the Dripbar IV MedSpa and the Holt Family Foundation. Deputy Mayor Nina Albert noted that these funds aim to create sustainable growth and long-term economic opportunities for local businesses. Holt, who also serves on several boards advocating for small business development, stressed the importance of public-private partnerships. The Bowser Administration's FY26 Grow DC Budget includes a $2. 4 million investment in the Technology Ecosystem Fund and $52 million in the DC Venture Capital Program to expand access to capital for local entrepreneurs.

These initiatives reflect the administration's commitment to strengthening the local economy and creating job opportunities for DC residents. Overall, the event underscored the significance of local ownership and investment in the District's growth.