Stories of Impact: Victor Holt

December 22, 2024

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Victor Holt, V-Tech Solutions

Victor Holt is the founder and CEO of V-Tech Solutions Incorporated. Launched in 2000, V-Tech is a HUBZone-certified, Veteran and Minority-Owned company providing health, information technology and professional services for government and commercial clients.

The oldest of three, Victor grew up in Northeast DC in Michigan Park, near Providence Hospital. Though neither of his parents were business owners, they had an entrepreneurial spirit, and Victor knew he wanted to own his own business from a young age.

“My first foray into entrepreneurship was in elementary school where I wanted a five-speed bicycle, and one of the ways to get it was to sell vegetable seeds and flower seeds. I didn’t sell enough of them, but that was the first time that that entrepreneur bug woke up in me and saying, ‘how do you start creating your own life and living your own history,’” he says.

When he first started V-Tech Solutions, Victor remembers it was all encompassing.

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“I didn’t know what I didn’t know and the lack of relationships; be it with banks, attorneys, accountants and also with programs; and trying to understand how to navigate, how to move forward, and what would be the right path.”

Victor was first introduced to The Coalition through ELEVATE. At first, he intended to send one of his employees through the program. But once learning about the curriculum, its design, and the other participants, he decided to join cohort II himself.

“I know there’s a lot of other organizations that are doing leadership development, executive development, but I think the uniqueness about ELEVATE is that you get to sit, touch and feel everyday business owners, understand their stories, and realize that you’re not out there by yourself — that we’re all going through the same thing.”

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After graduating from ELEVATE, Victor and V-Tech Solutions then began participating in The Coalition’s DC Community Anchor Partnership (DCAP) program, helping his business gain inroads into the local procurement scene with large institutional buyers. One of his most recent awards enabled him to acquire a new space for his growing business.

“In 2021 when the Deputy Mayor for Economic Development put out the Commercial Property Acquisition Fund, we responded to the grant, and we won. With those funds, we were able to purchase our own commercial building, which has become our headquarters, located in Georgetown, DC. It was something completely unforeseen, but it was one of the biggest blessings the company ever had. It allows us to bring in District residents as employees and have them see another side of the district, where they can see communities that are thriving, organizations that are thriving, and be a part of that and that will help in assisting them in their future growth.”

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Victor is intent on building a legacy organization that incubates new ideas, and he credits The Coalition and DCAP for helping to open doors as he continues to grow his business.

“You have [The Coalition] that’s right there. Every step of the way. If you call, they answer the phone. If you email, they respond. If you text, they may just say, Look, come in and let’s talk about this, or let me show you that, or introduce you to this person, or whatever. It’s a community that I’m proud to be a part of, and I look forward to its continued success.”

Hear Victor's Story

Thank you to Wells Fargo, JPMorgan Chase, Kaiser Permanente, the DC Council, and the DC Deputy Mayor’s Office for Planning & Economic Development for making The Coalition’s DC Community Anchor Partnership program possible; and thank you to the Truist Charitable Fund and LISC-DC for making The Coalition’s ELEVATE program possible.

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