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

The Bowser Administration celebrated V-Tech Solutions' 25th anniversary alongside the grand opening of the renovated Holt Building in Ward 2. Founded by Victor P. Holt, a US Air Force veteran, the firm plays a vital role in bolstering DC's economy. The $4. 5 million renovation project received over $929,000 in grants from the Commercial Property Acquisition Fund and the Small Medium Business Growth Fund.

Holt, who advocates for underserved communities, emphasized the importance of public-private partnerships in fostering small business growth. The Holt Building will accommodate V-Tech Solutions, Dripbar IV MedSpa, and the Holt Family Foundation, which focuses on education and workforce development. The Bowser Administration is committed to supporting local entrepreneurs through strategic investments, including $2. 4 million for the Technology Ecosystem Fund and $52 million for the DC Venture Capital Program. These initiatives aim to enhance access to capital and establish long-term business roots in the District.

This event underscores the administration's dedication to expanding job opportunities and economic sustainability in Washington, DC.