Born and bred in Lancashire, I’ve had an entrepreneurial spirit and passion for business from a young age. Since starting my first business when I was 23 years old, I’ve been constantly seeking new business opportunities and striving for excellence.
In 1996 I took the leap into the tech industry, officially founding my second company, Elite Group, in 2000. From there, I expanded my business portfolio into various areas such a property, data and the secondary ticket market, as well as minority and majority stakes in various public and private sector businesses. Never forgetting my humble origins, I now aim to champion young people and budding entrepreneurs through my work as a Prince’s Trust ambassador and angel investor.
In business, as in life, I let my values guide me in everything I do. While it may sound like a common cliché, I truly believe passion for your business and industry is everything. If you’re passionate about what you do, the drive and determination that’s needed to succeed in the business world will come naturally.
While passion, drive and determination are vital for any budding entrepreneur, there are some values I’ve come to recognise as equally important during my time as a business owner, namely humility and teamwork.
I truly believe that technology has the power to change the world for the better. Whether it’s developing AI technology to diagnose illness, powering business productivity or keeping family and friends connected, technological advancements are revolutionising the way we live and work at every level of society.
One of my top goals is to offer support to communities in developing countries, donating money and resources to help provide access to water, good hygiene and education. So far, I’ve supported the construction of seven schools in Ethiopia, which now educate over 2,000 children a year and provide the community with clean water and toilet facilities.
Having taken part in the Prince’s Trust Enterprise programme, I’ve experienced the power of start-up loans and mentoring first-hand. As a Prince’s Trust ambassador and angel investor, I aim to pass on these opportunities to up-and-coming entrepreneurs by investing in projects and people with potential.
"Working with Matt has brought valuable insight into scaling up our business. Obtaining funds to grow is only a small part of a successful company scale up. Having the right investor that understands your industry and is fully supportive is essential. We were fortunate to find this with Matt and his team".
Thomas Taylor, E-SIGNRead more >
"As a business owner, you could not ask for a better investor than Matt. He gives you the space to operate and doesn't get involved in the minutiae, yet is accessible and offers support or guidance when the situation requires it."
Ant Chisnall, Driver netRead more >
"Matt is exactly the type of investor that every ambitious start-up dreams of. His approach is to support the companies he works with, be available when they need it and not be overbearing. He is straight forward with no pretences and is a pleasure to work with".
Andrew Jervis, ClickMechanicRead more >
"Matt has been an incredible supporter of ours. Helping with our early stage platform build through to putting us in touch with the right people for funding".
Julian Ranger, digi.meRead more >
My journey towards a successful career in business started with a container of second-hand bicycles. After purchasing these bikes and selling them on for a profit, I realised that I had a knack for generating money. It gave me the confidence I needed to start out in business and reach out to the Prince’s Trust, who helped me turn my business idea into a fully-fledged and profitable company.
When was your eureka moment on your business journey?
Matt Newing, entrepreneur investor and owner of leading IT provider Elite Group, invests £400k in electronic signature firm, E-Sign, the fastest growing UK-based competitor of DocuSign and Adobe.
Matt Newing, founder and owner of one of the UK’s leading IT and unified communications providers, Elite Group, talks about driving growth and remaining agile through acquisitions.
Matt Newing, tech entrepreneur and founder of Elite Group, is increasing his stake in the tech firm DriverNet, Britain’s leading transport and mobile workforce app.