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Frequently asked questions

2022 Technology Fast 50

For more information about the programme, eligibility requirements, and the application process, please consult the below FAQs.

What is Deloitte’s Technology Fast 50?

Deloitte’s Technology Fast 50 is a ranking of the country's 50 fastest-growing technology companies, based on revenue growth over the last four years. This programme for companies that have developed a technology-related product celebrates innovation and entrepreneurship. Companies that are active in the technology sector for less than four years may be eligible to participate in the special Rising Star category of the competition.

Applications are open to public and private companies, large and small, in all areas of technology, from software to life sciences, hardware to clean technology and media to communications.

What industry category must a company be classified in to enter the Fast 50?

  • Communications & Networking

Equipment manufacturer; Satellite telecommunication service; Service provider; Wireless Service Provider; Other

  • Digital Commerce
  • Electronic Devices, Hardware & Semiconductor

Computers; Peripherals; Other

  • Enterprise Software

Automation & Analytics; Human Capital Management; CRM; Cyber Security; Supply Chain / ERP; Other

  • FinTech

Accounting; Tax & Reporting; PropTech; Sustainable Finance LegalTech; Other

  • Life Sciences & Health Care

MedTech; BioTech; Other

  • Media & Entertainment

AdTech; Gaming Over the top service; Social media; Other

  • Mobility
  • Sustainability 

Climate & EnergyTech; Circular Economy; Other

Every applicant must fall under one and only one industry to participate.
For more information about the industries and subcategories click here.


How is the Fast 50 ranking and revenue growth calculated?

Award winners are determined based on the fiscal year percentage revenue growth over a defined period. Because the programme ranks companies based on fiscal year revenues, it is an indication of past growth. It does not take into account current performance or profitability.

For the 2022 edition, companies are ranked based on fiscal year revenue growth from 2018 to 2021. The percentage revenue growth is calculated by subtracting the year one revenue from the year four revenue, divided by the year one revenue.
 

How is the Rising Star winner selected and what is the process?

In the Rising Star competition, the key is revenue potential rather than revenue growth.

The Rising Star participants will be invited to submit a well-developed investor pitch and present their two-minute elevator pitch on Wednesday 21 September 2022. They will receive an invitation to present their final pitches to an external jury of industry experts on Thursday 27 October 2022, the day the Fast 50 and Rising Star winners will be announced.
 

Are revenues published?

Applicants will be required to confirm that the information contained in their application form is accurate, and that they have obtained all necessary authorisations, including consents, to permit handling of this information, in accordance with the Deloitte’s Technology Fast 50 programme Terms and Conditions, including the Privacy Statement and the Rising Star competition Terms and Conditions, including the Privacy Statement.


How many years has the Fast 50 been running?

Fast 50 was launched in the US in 1995 and quickly expanded worldwide. The Belgian Technology Fast 50 programme is now in its nineth year; from 2008 until 2013 it was organised together with the Netherlands.
 

How much does it cost to enter?

It’s free - there is no registration fee.
 

What is the closing deadline and when are the winners announced?

The application period begins on 23 March 2022, and close on 30 June 2022.

The winners will be announced live at the Awards Ceremony on Thursday 27 October 2022 and then to the public, press and on the Fast 50 website on Friday 28 October 2022.


I’ve entered in previous years, can I use last year’s registration?

No, due to Data Protection Standards, information from previous years' registration is not stored. Entrants are required to create a new account and complete a new registration for the 2022 programme.


Do all entrants have to be publicly held?

No, but private companies must provide financial information and supporting documentation such as financial statements.
 

Does the application form have to be completed online?

Yes. Applications may only be submitted online.
 

Can the online application form be saved and completed at a later time?

Yes, the application form can be saved and completed later.
 

How will we know the online registration form was received by Deloitte?

You will receive an automated email notification indicating that the online application was received by Deloitte. If you have questions about your application form, please email befast50@deloitte.com.
 

Does the programme use social media?

Yes. We promote our programme, nominees and winners on our different social media channels. We invite you to follow us and share your experiences via Facebook (@Deloitte), Twitter (@DeloitteBelgium), LinkedIn (@Deloitte) and Instagram (@Deloitte Belgium) by using the #Fast50BE.


Who do I contact for further assistance?

Please email befast50@deloitte.com with any questions you may have about the programme. We will get in touch with you within the briefest delay.


How can I register for the Awards Ceremony?

The Awards Ceremony is an invitation-only event. Nominated Fast 50 and Rising Star companies are entitled to bring up to four people free of charge.


Who will be attending the event?

The Fast 50 and Rising Star nominees, alumni and non-nominated companies will be at the Awards Ceremony, as well as the Rising Star jury, incubators, the corporate community, private equity firms, corporates and representatives from the investor and start-up communities.

 

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