New Generation Construction Group (NGC) is a commercial general contractor founded in 2009 by Justin Hernandez and based in Lincoln, Nebraska. The firm works across hospitality, office, retail, education, energy and specialized medical projects, performing roughly 80% of its work in Nebraska while taking on large commercial projects in multiple Midwestern states. Stonehenge Capital announced a $2 million investment to support NGC’s expansion at its new headquarters in the Telegraph District, a $75 million redevelopment in a distressed area of downtown Lincoln. The capital will fund hiring 40 new employees so NGC can complete a backlog of projects, recruit new business and contracts, and expand its headquarters. The funding comes from Stonehenge’s Nebraska Small Business Loan Fund through the Nebraska New Markets Job Growth Investment program and is Stonehenge’s second investment from that fund. NGC has grown from a six-employee team in 2009 to a larger community developer with award-winning redevelopment experience in Lincoln.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2019