diff --git a/.changeset/eighty-cycles-ring.md b/.changeset/eighty-cycles-ring.md
new file mode 100644
index 0000000000..dae404a3ff
--- /dev/null
+++ b/.changeset/eighty-cycles-ring.md
@@ -0,0 +1,5 @@
+---
+'@backstage/create-app': patch
+---
+
+Bump to a newer version of the `concurrently` library
diff --git a/package.json b/package.json
index abaaec252c..d5b74285e2 100644
--- a/package.json
+++ b/package.json
@@ -65,7 +65,7 @@
     "@types/node": "^16.11.26",
     "@types/webpack": "^5.28.0",
     "command-exists": "^1.2.9",
-    "concurrently": "^7.0.0",
+    "concurrently": "^8.0.0",
     "cross-env": "^7.0.0",
     "e2e-test": "workspace:*",
     "eslint": "^8.6.0",
diff --git a/packages/create-app/templates/default-app/package.json.hbs b/packages/create-app/templates/default-app/package.json.hbs
index 0682114a35..c53ed6970f 100644
--- a/packages/create-app/templates/default-app/package.json.hbs
+++ b/packages/create-app/templates/default-app/package.json.hbs
@@ -31,7 +31,7 @@
   "devDependencies": {
     "@backstage/cli": "^{{version '@backstage/cli'}}",
     "@spotify/prettier-config": "^12.0.0",
-    "concurrently": "^6.0.0",
+    "concurrently": "^8.0.0",
     "lerna": "^4.0.0",
     "node-gyp": "^9.0.0",
     "prettier": "^2.3.2",
diff --git a/yarn.lock b/yarn.lock
index 0fcea0a990..581e705dd4 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -21333,6 +21333,17 @@ __metadata:
   languageName: node
   linkType: hard
 
+"cliui@npm:^8.0.1":
+  version: 8.0.1
+  resolution: "cliui@npm:8.0.1"
+  dependencies:
+    string-width: ^4.2.0
+    strip-ansi: ^6.0.1
+    wrap-ansi: ^7.0.0
+  checksum: 79648b3b0045f2e285b76fb2e24e207c6db44323581e421c3acbd0e86454cba1b37aea976ab50195a49e7384b871e6dfb2247ad7dec53c02454ac6497394cb56
+  languageName: node
+  linkType: hard
+
 "clone-buffer@npm:^1.0.0":
   version: 1.0.0
   resolution: "clone-buffer@npm:1.0.0"
@@ -21889,23 +21900,23 @@ __metadata:
   languageName: node
   linkType: hard
 
-"concurrently@npm:^7.0.0":
-  version: 7.6.0
-  resolution: "concurrently@npm:7.6.0"
+"concurrently@npm:^8.0.0":
+  version: 8.2.0
+  resolution: "concurrently@npm:8.2.0"
   dependencies:
-    chalk: ^4.1.0
-    date-fns: ^2.29.1
+    chalk: ^4.1.2
+    date-fns: ^2.30.0
     lodash: ^4.17.21
-    rxjs: ^7.0.0
-    shell-quote: ^1.7.3
-    spawn-command: ^0.0.2-1
-    supports-color: ^8.1.0
+    rxjs: ^7.8.1
+    shell-quote: ^1.8.1
+    spawn-command: 0.0.2
+    supports-color: ^8.1.1
     tree-kill: ^1.2.2
-    yargs: ^17.3.1
+    yargs: ^17.7.2
   bin:
     conc: dist/bin/concurrently.js
     concurrently: dist/bin/concurrently.js
-  checksum: f705c9a7960f1b16559ca64958043faeeef6385c0bf30a03d1375e15ab2d96dba4f8166f1bbbb1c85e8da35ca0ce3c353875d71dff2aa132b2357bb533b3332e
+  checksum: eafe6a4d9b7fda87f55ea285cfc6acd937a5286ceec8991ab48e6cc27c45fce6a5c6f45e18d7555defa15dc7d7e8941bc5a9d1ceaf182e31441d420e00333434
   languageName: node
   linkType: hard
 
@@ -22948,10 +22959,12 @@ __metadata:
   languageName: node
   linkType: hard
 
-"date-fns@npm:^2.16.1, date-fns@npm:^2.18.0, date-fns@npm:^2.29.1":
-  version: 2.29.3
-  resolution: "date-fns@npm:2.29.3"
-  checksum: e01cf5b62af04e05dfff921bb9c9933310ed0e1ae9a81eb8653452e64dc841acf7f6e01e1a5ae5644d0337e9a7f936175fd2cb6819dc122fdd9c5e86c56be484
+"date-fns@npm:^2.16.1, date-fns@npm:^2.18.0, date-fns@npm:^2.30.0":
+  version: 2.30.0
+  resolution: "date-fns@npm:2.30.0"
+  dependencies:
+    "@babel/runtime": ^7.21.0
+  checksum: f7be01523282e9bb06c0cd2693d34f245247a29098527d4420628966a2d9aad154bd0e90a6b1cf66d37adcb769cd108cf8a7bd49d76db0fb119af5cdd13644f4
   languageName: node
   linkType: hard
 
@@ -38158,7 +38171,7 @@ __metadata:
     "@types/node": ^16.11.26
     "@types/webpack": ^5.28.0
     command-exists: ^1.2.9
-    concurrently: ^7.0.0
+    concurrently: ^8.0.0
     cross-env: ^7.0.0
     e2e-test: "workspace:*"
     eslint: ^8.6.0
@@ -38242,7 +38255,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"rxjs@npm:7.8.0, rxjs@npm:^7.0.0, rxjs@npm:^7.2.0, rxjs@npm:^7.5.1, rxjs@npm:^7.5.5, rxjs@npm:^7.8.0":
+"rxjs@npm:7.8.0":
   version: 7.8.0
   resolution: "rxjs@npm:7.8.0"
   dependencies:
@@ -38260,6 +38273,15 @@ __metadata:
   languageName: node
   linkType: hard
 
+"rxjs@npm:^7.2.0, rxjs@npm:^7.5.1, rxjs@npm:^7.5.5, rxjs@npm:^7.8.0, rxjs@npm:^7.8.1":
+  version: 7.8.1
+  resolution: "rxjs@npm:7.8.1"
+  dependencies:
+    tslib: ^2.1.0
+  checksum: de4b53db1063e618ec2eca0f7965d9137cabe98cf6be9272efe6c86b47c17b987383df8574861bcced18ebd590764125a901d5506082be84a8b8e364bf05f119
+  languageName: node
+  linkType: hard
+
 "sade@npm:^1.7.3":
   version: 1.8.1
   resolution: "sade@npm:1.8.1"
@@ -38771,10 +38793,10 @@ __metadata:
   languageName: node
   linkType: hard
 
-"shell-quote@npm:^1.7.3":
-  version: 1.7.3
-  resolution: "shell-quote@npm:1.7.3"
-  checksum: aca58e73a3a5d933d02e0bdddedc53ee14f7c2ec264f97ac915b9d4482d077a38e422aa664631d60a672cd3cdb4054eb2e6c0303f54882453dacb6483e482d34
+"shell-quote@npm:^1.7.3, shell-quote@npm:^1.8.1":
+  version: 1.8.1
+  resolution: "shell-quote@npm:1.8.1"
+  checksum: 5f01201f4ef504d4c6a9d0d283fa17075f6770bfbe4c5850b074974c68062f37929ca61700d95ad2ac8822e14e8c4b990ca0e6e9272e64befd74ce5e19f0736b
   languageName: node
   linkType: hard
 
@@ -39160,10 +39182,10 @@ __metadata:
   languageName: node
   linkType: hard
 
-"spawn-command@npm:^0.0.2-1":
-  version: 0.0.2-1
-  resolution: "spawn-command@npm:0.0.2-1"
-  checksum: 2cac8519332193d1ed37d57298c4a1f73095e9edd20440fbab4aa47f531da83831734f2b51c44bb42b2747bf3485dec3fa2b0a1003f74c67561f2636622e328b
+"spawn-command@npm:0.0.2, spawn-command@npm:^0.0.2-1":
+  version: 0.0.2
+  resolution: "spawn-command@npm:0.0.2"
+  checksum: e35c5d28177b4d461d33c88cc11f6f3a5079e2b132c11e1746453bbb7a0c0b8a634f07541a2a234fa4758239d88203b758def509161b651e81958894c0b4b64b
   languageName: node
   linkType: hard
 
@@ -42864,7 +42886,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"yargs-parser@npm:^21.0.0":
+"yargs-parser@npm:^21.1.1":
   version: 21.1.1
   resolution: "yargs-parser@npm:21.1.1"
   checksum: ed2d96a616a9e3e1cc7d204c62ecc61f7aaab633dcbfab2c6df50f7f87b393993fe6640d017759fe112d0cb1e0119f2b4150a87305cc873fd90831c6a58ccf1c
@@ -42915,18 +42937,18 @@ __metadata:
   languageName: node
   linkType: hard
 
-"yargs@npm:^17.0.0, yargs@npm:^17.1.1, yargs@npm:^17.2.1, yargs@npm:^17.3.1":
-  version: 17.5.1
-  resolution: "yargs@npm:17.5.1"
+"yargs@npm:^17.0.0, yargs@npm:^17.1.1, yargs@npm:^17.2.1, yargs@npm:^17.3.1, yargs@npm:^17.7.2":
+  version: 17.7.2
+  resolution: "yargs@npm:17.7.2"
   dependencies:
-    cliui: ^7.0.2
+    cliui: ^8.0.1
     escalade: ^3.1.1
     get-caller-file: ^2.0.5
     require-directory: ^2.1.1
     string-width: ^4.2.3
     y18n: ^5.0.5
-    yargs-parser: ^21.0.0
-  checksum: 00d58a2c052937fa044834313f07910fd0a115dec5ee35919e857eeee3736b21a4eafa8264535800ba8bac312991ce785ecb8a51f4d2cc8c4676d865af1cfbde
+    yargs-parser: ^21.1.1
+  checksum: 73b572e863aa4a8cbef323dd911d79d193b772defd5a51aab0aca2d446655216f5002c42c5306033968193bdbf892a7a4c110b0d77954a7fdf563e653967b56a
   languageName: node
   linkType: hard