Published 28th Jun 2023, 16:45 BST

Updated 29th Jun 2023, 16:27 BST

This is one of the key findings from data collected from entries to the 2023 Yorkshire Tech Climbers list, which also found the companies asked are projecting an average of 94 per cent revenue growth in the next 12 months.

Tech Climbers is an annual regional list showcasing the rising stars of the region’s tech sector. A total of 19 companies were selected for this year’s Yorkshire Tech Climbers list, with another six up-and-coming businesses making the ‘ones to watch’ list.

Anna Heyes, founder of Tech Climbers and CEO at Active Profile said:“Our data shows that despite the wider economic challenges facing the country there is no lack of ambition from Yorkshire’s tech businesses to take investment, grow revenues and create jobs.”

Yorkshire attendees at the 2023 Tech Climbers event.

A record 63 tech firms applied to this year’s Yorkshire Tech Climbers – a 50 per cent increase from last year.

The data also revealed that 100 per cent of 2023 entrants were looking to hire new talent within the next year, projecting the creation of 301 new jobs in the region’s tech sector.

Tech Climbers Yorkshire partners this year are, Hyperact, BDO, Mercia Asset Management, Page White Farrer, TD SYNNEX, Ward Hadaway, The Data City, Climb 23, Fintech NorthBusiness Sheffield, Leeds City Council, Leeds Digital, Zut, and Science and Technology Facilities Council.

Councillor Jonathan Pryor, Deputy Leader of Leeds City Council and Executive Member for Economy, Culture and Education said: “We are proud to be a partner of Tech Climbers Yorkshire and support the Yorkshire tech community. By focusing on our local scaling tech businesses, we aim to encourage entrepreneurism, drive growth and foster innovation, aiding the creation of new jobs, which will all have a positive impact on the region.

“We believe that Yorkshire has the potential to become a major player in the global and emerging tech industry, and we are committed to helping it get there."

Councillor Martin Smith, chair of the Economic Development and Skills Committee, added: “It is fantastic to see five Sheffield businesses make the Tech Climbers lists for 2023. As a city we work hard to create an ecosystem that nurtures start-ups, and Sheffield is home to a thriving tech scene with outstanding talent. It’s great to see that recognised.

71% of tech companies in Yorkshire actively seeking investment for growth, research finds