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 renovated Holt Building in Ward 2, marking a significant achievement for the DC-based technology firm. This $4. 5 million project was supported 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 now operate its corporate headquarters from the Holt Building, which will also house a new health and wellness venture and the Holt Family Foundation. Deputy Mayor Nina Albert highlighted the funds' role in fostering local business growth and enhancing economic opportunities for residents. Holt, who also serves on various boards advocating for small business development, praised the collaboration between public investment and commercial banking. The Bowser Administration remains committed to supporting small businesses through initiatives such as the Technology Ecosystem Fund and the DC Venture Capital Program. These programs aim to facilitate access to capital and create jobs for District residents.
The administration's ongoing investments in local entrepreneurs are designed to strengthen commercial corridors and promote a sustainable economy.