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About the Technology Fast 50™ program

Growth at the speed of insight

20 years of celebrating Canada’s fastest-growing technology companies

The future is fast. New technologies have created a hyper-connected world we could barely imagine a generation ago. Disruption has created new jobs and industries while displacing old ones. Now, more than ever, businesses must think fast and innovate.

However, some companies do more than just keep up with the speed of innovation. Some companies lead the way. These are the Fast 50.

The Technology Fast 50 program celebrates innovation, rapid revenue growth, entrepreneurial spirit, and the world-class achievements of the Canadian technology industry. Awards are presented in distinct categories that characterize and define the unique strengths of Canadian innovation. Winners include both public and private companies spanning a variety of industry sub-sectors, including hardware, software, telecommunications, emerging technology, and digital media.

For 19 years, the program has recognized forward-thinking companies at the cutting-edge of innovation and seen first-hand how new technologies shape the world. This year marks the twentieth anniversary and you could be in the spotlight.

Categories

Technology Fast 50TM
A ranking of Canada’s 50 fastest-growing technology, media, and telecommunications companies with the highest percentage revenue growth over four years.

Technology Fast 500TM
This program ranks the 500 fastest-growing technology companies with the highest percentage revenue growth over four years.

Companies-to-Watch
Highlights Canadian technology companies with the potential to be future Technology Fast 50 candidates.

Eligibility

Is your company a Fast 50 contender?

Technology Fast 50TM and North American Technology Fast 500TM eligibility requires qualifying applicants to be:

  • In business for at least four years (on or prior to December 31, 2012)
  • Headquartered in Canada or Canadian-controlled, with both management and research and development (R&D) teams also located in Canada
  • Investing a minimum of five percent of gross revenues in R&D
  • Generating significant proportion of operating revenue via proprietary technology and/or intellectual property
  • Able to prove minimum revenues of CAD$50,000 in 2013 and CAD$5,000,000 in 2016. (Revenues to qualify for Fast 500 must be US$50,000 in 2013 and US$5,000,000 in 2016.) 
  • Participants in one of the following five sub-sectors:
    • Emerging technologies 
    • Hardware/semiconductor
    • Software
    • Telecommunications/wireless
    • Digital media

Companies-to-Watch eligibility requirements
Companies-to-Watch lets less mature nominees join the Fast 50 community by eliminating minimum revenue requirements. Qualifying applicants must be:

  • Headquartered in Canada or Canadian-controlled, with both management and research and development (R&D) teams also located in Canada
  • Investing a minimum of five percent of gross revenues in R&D 
  • Generating significant proportion of operating revenue via proprietary technology and/or intellectual property
  • Participants in one of the following five sub-sectors:
    • Emerging technologies 
    • Hardware/semiconductor
    • Software
    • Telecommunications/wireless
    • Digital media

The future is fast. Are you?

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