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. and the grand opening of the newly renovated Holt Building in Ward 2. Founded by Victor P. Holt, a US Air Force veteran, V-Tech Solutions is a key player in local economic development. The $4.
5 million project received over $929,000 in grants from the District’s Commercial Property Acquisition Fund and Small Medium Business Growth Fund. Deputy Mayor Nina Albert emphasized that these funds are critical for helping local businesses establish a permanent presence in the community. Victor Holt, who also serves on the National HUBZone Council, noted the importance of collaboration between public and private sectors for fostering innovation. The Holt Building will house V-Tech's headquarters, a new health venture, and the Holt Family Foundation. The Bowser Administration aims to drive long-term growth through investments like the $2.
4 million Technology Ecosystem Fund and $52 million DC Venture Capital Program. Such initiatives are designed to expand access to capital and support local entrepreneurs in Washington, DC.