Elite Capital & Co. Appointed as Exclusive Manager of NextGen Industrial Development Fund in Landmark 10-Year Tenure
LONDON, May 27, 2025 (GLOBE NEWSWIRE) -- Mr. George Matharu, President and CEO of Elite Capital & Co. Limited, announced today that Elite Capital & Co. has been appointed as the exclusive manager of the NextGen Industrial Development Fund® for the next decade, effective 1st May 2025. This strategic transition follows a rigorous evaluation by the Fund's Board of Trustees, underscoring Elite Capital's proven expertise in large-scale industrial financing and sustainable development.'This partnership marks a pivotal shift in how industrial growth is catalysed across the MENA region and beyond. By merging NextGen's innovative equity-based model with our global financial acumen, we are redefining risk-sharing and entrepreneurial empowerment. Our ISO triple-certified governance (ISO 9001, 27001, and 37001) ensures transparency, security, and anti-bribery compliance, critical for fostering trust in high-stakes industrial projects,' Mr. George Matharu said.
A paradigm shift in industrial financing, the NextGen Fund's unique 'equity-not-debt' approach eliminates traditional barriers like collateral requirements and predatory loans, which historically contribute to a 72% failure rate among industrial startups in emerging markets (World Bank, 2023). Under Elite Capital's stewardship, the Fund will scale its mission to:
1. Build factories via shared-equity partnerships, covering land, infrastructure, and licensing.2. Leverage MENA's logistical edge, reducing supply chain costs by 30% compared to Asia-Europe routes (McKinsey, 2024).3. Fast-track bureaucratic processes, cutting 18-month licensing delays through government alliances (IMF data).
Dr. Faisal Khazaal, Chairman of Elite Capital & Co. Limited and Head of the Government Future Financing 2030 Program®, added, 'This aligns with our vision of 'finance without sovereignty burdens.' Just as the Government Future Financing 2030 Program funds 80% of national projects without sovereign debt, NextGen's model allows entrepreneurs to thrive without personal guarantees. Our partnership with MENA governments ensures factories are co-owned by local stakeholders, blending public oversight with private innovation.'
Decade of transformation, Elite Capital's tenure will focus on:
- Risk-sharing: Partners retain 100% of early profits; losses are mutual.- Cross-border solutions: NextGen's trusted partner USD/EUR accounts mitigate forex risks for international sales.- Sustainability: Factories engineered for ESG compliance, from energy grids to R&D hubs.
Mr. George Matharu concluded his statement by saying: 'To every entrepreneur who has been told "your sector isn't bankable", NextGen is proof otherwise. We don't just fund factories; we build legacies. The industrial revolution of the 21st century begins here.'
NextGen Industrial Development Fund – Contact Details –
Suite RA01, 64 Nile StreetLondon, N1 7SRUnited Kingdom
Website: nidfund.org
Elite Capital & Co. – Contact Details –
Elite Capital & Co. Limited33 St. James SquareLondon, SW1Y4JSUnited Kingdom
Telephone: +44 (0) 203 709 5060SWIFT Code: ELCTGB21LEI Code: 254900NNN237BBHG7S26
Website: ec.uk.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/576e981b-b506-4054-9f2d-83c7f6a7da0b
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It is projected to expand at a CAGR of 14.9% during the forecast period, driven by the increasing reliance on diverse and large datasets to inform strategic decision-making, foster stronger stakeholder engagement, and drive informed business strategies. Browse More related reports on Technology Industry Market Reports – About Us: The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions. Contact Us:If you have any queries about this report or if you would like further information, please contact us: Contact Person: Kaushik RoyE-mail: sales@ +1-312-313-8080Blog: Release: News: | Logo: View original content: SOURCE The Research Insights
