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Matt Newing
Founder at Elite Group
Matt Newing is a prominent business entrepreneur and investor, best known as the founder of Elitetele.com plc, which later became Elite Group. Born and raised in Lancashire, England, Newing has demonstrated an entrepreneurial spirit from a young age.2
Career Highlights
- Founded Elitetele.com plc (now Elite Group) in 2000, which has grown into one of the UK's leading providers of IT and unified communications services.23
- Started his first business at the age of 23.2
- Has expanded his business portfolio into various areas, including property, data, and the secondary ticket market.2
- Holds minority and majority stakes in various public and private sector businesses.2
Entrepreneurial Journey
Newing's journey into entrepreneurship began with selling second-hand bicycles, which gave him the confidence to start his own business.2 In 1996, he entered the tech industry, officially founding Elite Group in 2000.2 The company has since grown through both organic means and strategic acquisitions, completing 17 acquisitions to date.3
Business Philosophy
Newing attributes his success to several key values:
- Passion for business and industry
- Drive and determination
- Humility and teamwork2
Philanthropy and Mentorship
As a Prince's Trust ambassador and angel investor, Newing is committed to supporting young entrepreneurs and communities in need:
- Has supported the construction of seven schools in Ethiopia, educating over 2,000 children annually.2
- Invests in promising projects and entrepreneurs, offering both financial support and industry expertise.2
Matt Newing continues to be an active figure in the business world, recently investing £400,000 in the electronic signature firm E-Sign.2 His LinkedIn profile (username: matt-newing-b8b2388) reflects his ongoing involvement in the tech and communications industry.14