Top tech firms in the North hit £1.9 billion revenue

The winners have been announced for the annual Northern Tech Awards 2017, celebrating the ongoing expansion of the Northern digital economy, which continues to go from strength to strength.

Data, released at the awards ceremony, which took place in Newcastle on 31 March, found that the top 100 fastest growing tech companies in the North generated £1.9 billion in revenue last year.

In particular, the strength of software development in the North was highlighted, with a total of 31 software companies in the 100 fastest growing companies.

Award winners were selected by a panel of high-profile judges, including Richard Flint, Chief Executive of Sky Betting and Gaming, David Rowan, former editor of WIRED UK, and Carol Kane, CEO and co-founder of Boohoo.

Hugh Campbell, Managing Partner of GP Bullhound which sponsored the awards, comments: "After years of huge potential, Northern tech companies now command the valuations and deals worthy of international recognition. The tech sector in the North is more robust than ever and high profile transactions will continue establishing the region’s reputation as a home for profitable tech companies, a real depth of talent and genuine software innovation.”

Richard Flint, CEO of Sky Betting and Gaming and judge at the Northern Tech Awards, adds: “The awards have shown just how strong the tech sector is in the North. The rapid growth achieved by so many of these fantastic companies is testament to the innovation and ingenuity present in the region.”

Beavis Morgan, specialist advisers to the tech sector

Our technology business experts at Beavis Morgan work with many entrepreneurial businesses in the tech sector across the country, helping them set up and run their own businesses and guiding them through each stage of the process, whilst navigating the challenges and advising them in making the right decisions both now and for the future.

We are also available to assist with ‘money back for research and development’ claims and our R&D tax credit specialists are on hand to maximise the value of any potential claim and manage the often complex process on your behalf.

If you would like to know more about how we can help you and your business, please contact Steve Govey or your usual Beavis Morgan Partner.

2017 Northern Tech Awards Winners:

Fastest Growing Company – The Car Buying Group
Fastest Growing Larger Company – Evolution Funding
Local Hero Award – Dynamo North East
Northern Star – Air Time Rewards
Judges’ Innovation Award – Zerolight
Judges’ Award for International Success – Interact
Judges’ Leadership Award – Godel Technologies
Tech4Good Award – Reason Digital
Young Entrepreneur Award – The Floow
Overall Judges’ Award – The Hut Group

Congratulations to all finalists and winners of this year’s Northern Tech Awards!