North East Entrepreneurs Launch New Tech Venture with Six-Figure Backing
Four entrepreneurs from the North East have united to launch a new technology venture, Future Vision Group, with each director committing a six-figure investment. The Newcastle-based company specialises in outdoor digital displays and telecommunications services, aiming to make a significant impact in the market.
Company Focus and Services
Future Vision Group is registered in Newcastle and focuses on two main areas: outdoor digital displays and telecommunications. The firm provides weatherproof televisions and LED screens for venues such as pubs, football stadiums, and concert venues. Additionally, it offers telecommunications services including business broadband, cloud solutions, hosted telecommunications, business mobile phones, and structured cabling.
Growth Plans and Job Creation
Initially targeting the UK market, Future Vision Group has ambitious plans to expand overseas, with opportunities identified in Dubai and the United States. The company expects to create new jobs in the coming months as it scales its operations. It has already established a base in Peterlee, with offices and a warehouse, and employs a team of sales, support, and project management staff alongside the four directors.
Leadership and Experience
The founding team brings extensive experience to the venture. Managing director Robert Webster has over 30 years in the tech sector and expressed confidence in the business's potential. He stated, "The team we’ve put in place is vastly experienced, and with the connections we each have, we’re confident that we will be able to quickly establish the business as the go-to supplier." He highlighted that managing growth will be a key challenge as the company establishes its UK presence before exploring international opportunities.
David Forrester, another director, previously served as part owner and director at Astley, a sign manufacturer in Team Valley. He noted, "I knew Robert and Anthony well from my days at Astley so when the opportunity to join Future Vision Group came up, it was too good to miss." Forrester aims to leverage his success with national and international brands to help build Future Vision Group's reputation for excellence in products and services.
Future Outlook
With a strong foundation and strategic plans, Future Vision Group is poised to become a leading provider in its niche. The combination of experienced leadership, significant investment, and a clear growth strategy positions the company for success in both domestic and international markets. As it navigates early challenges, the focus remains on solidifying its UK market position while eyeing expansion abroad.
