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 grand opening of the newly renovated Holt Building in Ward 2. This $4. 5 million renovation project received over $929,000 in grants from the District’s Commercial Property Acquisition Fund and the Small Medium Business Growth Fund. V-Tech Solutions, founded by US Air Force veteran Victor P. Holt, will serve as the headquarters for the company, alongside the Dripbar IV MedSpa and the Holt Family Foundation, which focuses on education and workforce development.

Deputy Mayor Nina Albert highlighted that these grants are designed to create sustainable economic opportunities and promote local ownership. Holt, who is also active in advocating for policies supporting small businesses, stated the significance of public investment in commercial innovation. The Bowser Administration's ongoing commitment to supporting local entrepreneurs includes substantial investments in technology and business expansion. Key initiatives include $2. 4 million for the Technology Ecosystem Fund and $52 million through the DC Venture Capital Program.

These efforts aim to expand access to capital for early-stage businesses and drive job creation for DC residents.