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. This $4. 5 million project, made possible by over $929,000 in grants from the District’s Commercial Property Acquisition Fund and Small Medium Business Growth Fund, will serve as the corporate headquarters for V-Tech. Founded by US Air Force veteran Victor P.
Holt, V-Tech also plans to house a new health and wellness venture and the Holt Family Foundation in the building. Deputy Mayor Nina Albert stated that the funding programs aim to establish long-term economic opportunities for local businesses. Holt, who advocates for small business development through his role with the National HUBZone Council, noted the event's significance in showcasing the impact of public investment. The Bowser Administration's FY26 Grow DC Budget focuses on expanding support for small businesses and job creation, with key investments including $2. 4 million for the Technology Ecosystem Fund and $52 million for the DC Venture Capital Program.
These investments are designed to help local entrepreneurs and strengthen the economy. The celebration highlights a collaborative effort to enhance the business landscape in Washington, DC.