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

The Bowser Administration celebrated V-Tech Solutions, Inc. 's 25th anniversary and the grand opening of the Holt Building in Ward 2. This $4. 5 million renovation project was made possible by 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 Victor P.

Holt, will use the building as its corporate headquarters, alongside the Dripbar IV MedSpa and the Holt Family Foundation. Deputy Mayor Nina Albert stated that these funds help local businesses establish a permanent presence and create sustainable growth in the community. Victor Holt, who serves as Vice Chair of the National HUBZone Council, stressed the significance of public investment in business innovation. The Bowser Administration aims to strengthen the District's economy through investments in technology and entrepreneurship. Key initiatives include $2.

4 million for the Technology Ecosystem Fund and $52 million for the DC Venture Capital Program. These efforts are designed to expand access to capital for local startups and support job creation for DC residents.