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Frequently asked questions

2018 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.

Why paricipate in the programme?
  • Boost brand reputation
  • Network with the Fast 50, start-up and investor community
  • Get access to interesting keynotes
  • Exchange ideas and best practices
  • Exhibit product/service (booth) and pitch to corporates
  • Get press attention (gain more recognition in the market) 
 

 

What are the entry criteria?
The eligibility criteria for the Fast 50 and Rising Star programme can be found here.


Are the eligibility requirements for 2018 the same as in 2017?
New industry categories have been added in 2018, and Fast 50 companies must have achieved operating revenues of at least €1,000,000 in 2017 (compared to €800,000 for the fourth year in previous competitions).
 

What industry category must a company be classified in to enter the Fast 50?
• Communications
• Environmental Technology
• Fintech
• Hardware
• Healthcare and Life Sciences
• Media and Entertainment
• Software

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 2018 edition, companies are ranked based on fiscal year revenue growth from 2014 to 2017. 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 come to the Deloitte Gateway office in Zaventem on Tuesday 16 October 2018 for a two-minute elevator pitch. The jury of Deloitte industry experts presided by Duco Sickinghe will then select 10 Rising Star candidates, based on the company data and pitch (scalability, experience, management team expertise and highly promising growth). The 10 nominees will be announced at the end of October. They will receive an invitation to present their final pitches to an external jury of industry experts on Thursday 15 November, the day the Fast 50 and Rising Star winners will be announced during the Awards Ceremony at the Deloitte Gateway office.


Are revenues published?
No. The Fast 50 programme will disclose percentage revenue growth but will not disclose current- and base-year revenue amounts. Participants will be required to provide revenue proof to Deloitte.


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 fifth 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?
Applications close on Friday 28 September 2018. The winners will be announced at the Awards Ceremony at the Deloitte Gateway office on Thursday 15 November 2018 and then to the public, press and on the Fast 50 website on Friday 16 November.


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 2018 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.


How do I enter the Fast 500 EMEA?
To enter the Fast 500 EMEA programme you need to register via your local country programme (i.e. Belgian Technology Fast 50). Unless otherwise requested, all qualifying entrants to the Belgian Technology Fast 50 will automatically be entered into the Fast 500 EMEA.


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 Belgium), Twitter (@Fast50BE and @DeloitteBelgium), LinkedIn (Deloitte Belgium) 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.


When will the Awards Ceremony take place?
The 2018 Technology Fast 50 Awards Ceremony will take place on Thursday 15 November 2018 at the Deloitte Gateway office.


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. Non-nominated companies can bring up to two people free of charge. The cost for additional guests is 150 euros per person. All the registration details will be included in the invitation.


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, private equity firms, corporates and representatives from the investor and start-up communities.

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