Technology Fast 50

Tech Fast 50 2022 Award Categories and Nomination Criteria



Category: Tech Fast 50

The Tech Fast 50 award highlights Australia’s fastest-growing technology companies over the past three years.

To be eligible for this award, your company must:

• Produce technology
• Manufacture technology-related products
• Be technology-intensive, or use unique technology to solve problems; OR
• Devote a significant proportion of operating revenues to research & development of technology.

Your company must also:

• Have been in business for a minimum of three years
• Be Australian-owned and headquartered in Australia; subsidiaries or divisions of overseas companies are ineligible (unless they have some Australian public ownership and trade separately)
• Have operating revenues of at least $50,000 in the first reporting year (for the 2022 Tech Fast 50, this is 2020)
• Have total cumulative operating revenues of at least $8 million over the past three operating years. For example, a technology company will qualify in 2022 if its revenue for the year ended June 2020 was $105,000 and its year-end revenue for June 2021 and June 2022 were $2.5 million and $5.5 million, respectively. 

Category: Rising Star

Does your company fall under the $8 million revenue threshold and been trading for less than three years? If you meet the rest of the Tech Fast 50 criteria, our Rising Star award could be for you!

The Rising Star award follows the same nomination process as the Tech Fast 50 but considers applicants that have under three years' worth of verified financial data and do not meet the $8 million revenue threshold. To qualify for this category, companies need at least two years of trading history (one full year and one part year) and operating revenue of at least $50,000 in the first full or part year.

Category: Leadership

Are you an established technology company with a strong track record and operating revenues greater than $50 million in 2022? 

The Leadership award follows the same nomination process as the Tech Fast 50 award and considers applicants with operating revenues greater than $50 million in the final year of reporting.

Category: Female Leadership

Was your company founded or co-founded by a female or currently has a female CEO? You could be the next winner of the Female Leadership award!

The Female Leadership award follows the same nomination process as the Tech Fast 50 and considers applicants that have been founded or co-founded by a female or currently have a female CEO.

Category: Climate (new in 2022)

Our newly launched Climate award is a fantastic opportunity to recognise climate technology companies for their contribution on Australia's journey to net zero.

For this award, we define climate technology companies as those that:

• Produce technology to support emission reductions for your customers and can provide data to evidence these reductions; OR
• Manufacture technology-related products that support emission reductions for your customers and can provide data to evidence these reductions.

To be eligible, your company must: 

• Meet the criteria for the Tech Fast 50 category 
• Be reducing its own emissions (with a target plan to net zero) and can provide data to support these reductions.

Companies nominated for the Climate award will be measured on:

• Revenue growth
• Emission reductions for their clients (through use of their products)*
• Their own emission reductions*

 *Must use a methodology consistent with the GHG Protocol

Category: Enterprise Growth (new in 2022)

This award recognises the largest and fastest-growing companies in Australia.

To be eligible, your company must:  

• Have been in business for a minimum of three years
• Be Australian owned and headquartered in Australia; subsidiaries or divisions of overseas companies are ineligible (unless they have some Australian public ownership and trade separately)
• Have operating revenues of $50M in the first year of reporting.

If you have any questions about the nomination process or the required documentation, please contact us at technologyfast50@deloitte.com.au. 

2022 Tech Fast 50 nominations are now closed.

Please register your interest for the 2023 Tech Fast 50 program.

• Company details (name, address, ABN, contact details)
• CEO and founder details
• A brief description of the company and its proprietary technology (maximum of 300 words)
• Company logo in high resolution
• Financial information for 2019, 2020, 2021 and 2022, or for those companies with calendar year-ends, financial information for 2020, 2021 and 2022.

Note: Deloitte does not audit the nominations and your financial information is kept strictly confidential. Only three-year growth rates are published. 

If you have any questions about the nomination process or the required documentation, please contact us at technologyfast50@deloitte.com.au. 

Please register your interest for the 2023 Tech Fast 50 program.

• Shortlisted companies will be contacted via email in October 2022.

Announcement of winners

• The Tech Fast 50 will be officially announced in late November 2022 with winners notified by email. 
• Download the 2022 Tech Fast 50 winners’ report here.

If you have any questions about key dates or the nomination process, please contact us at technologyfast50@deloitte.com.au. 

Past Tech Fast 50 winners and reports

Download our Tech Fast 50 2021 winners' report

Download our Tech Fast 50 2020 winners' report

Download our Tech Fast 50 2019 winners' report

Download our Tech Fast 50 2018 winners' report

Download our Tech Fast 50 2017 winners' report

Download our Tech Fast 50 2016 winners' report

Download our Tech Fast 50 2015 winners' report

Download our Tech Fast 50 2014 winners' report

Please register your interest for the 2023 Tech Fast 50 program and download the 2022 Tech Fast 50 winners’ report here.

Frequently asked questions

What is the Tech Fast 50?

Deloitte’s Tech Fast 50 is a program that ranks fast-growing technology companies – public or private – based on percentage revenue growth over the past three years. Nominees come from many sectors, including communications, media, software, hardware, life sciences and healthcare, ecommerce, fintech, software-as-a-service and clean energy.

How are Tech Fast 50 winners chosen?

Eligible nominated companies are ranked based on percentage revenue growth over the past three years. We check the submitted data against the company's operating revenues as disclosed in their financial statements, which are provided during the nomination process. Deloitte does not audit nor analyse the companies' financial standings.

How do companies qualify for each of the Tech Fast 50 award categories?

To be eligible for each of the Tech Fast 50 awards, your company must meet certain criteria. Explore the criteria for each category, under the ‘Submit your nomination’ section.

Do companies need to be publicly listed to be eligible?

No. Both private and public companies are welcome to enter.

Can I nominate my company for the Tech Fast 50 as well as the Leadership and/or Female Leadership awards?

Yes. In order to be eligible for the Leadership and/or Female Leadership awards, companies must first make the Tech Fast 50 list. By submitting your nomination, you will be automatically considered for any categories you are eligible for.

Can a company be eligible for both the Tech Fast 50 and the Rising Star award?

No. The Rising Star category is for companies that have been trading for less than three years and therefore do not meet the Tech Fast 50 award criteria.

If you have any questions about the Tech Fast 50 program, please contact us at technologyfast50@deloitte.com.au.