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Frequently asked questions
Technology Fast 50 program
For more information about the programme, eligibility requirements, and the application process, please consult the below FAQs.
What is Deloitte’s Technology Fast 50 program?
Deloitte’s Technology Fast 50 is a ranking of the region's 50 fastest-growing technology companies, based on revenue growth over the last four years. This program is for companies that have developed a technology-related product and celebrates innovation and entrepreneurship.
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?
Equipment manufacturer; Satellite telecommunications service; Service provider; Wireless service provider; Other
|Electronic devices, Hardware & Semiconductor
Computers; Peripherals; Other
Automation & Analytics; Human Capital Management; CRM; Cyber Security; Supply Chain/ERP; Other
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
Climate & EnergyTech; Circular Economy; Other
Every applicant must fall under one and only one industry to participate.
For more information about the industries 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 program 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 2021 edition, companies are ranked based on fiscal year revenue growth from 2017 to 2020. The percentage revenue growth is calculated by subtracting the year one revenue from the year four revenue, divided by the year one revenue.
Are revenues published?
No. The Fast 50 program 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 Technology Fast 50 program launched for the first time in 2021.
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?
Application period begins 1 September and closes 31 December.
The winners will be announced at the Awards Ceremony and then to the public, press and on the Fast 50 website in February 2022.
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 has been received by Deloitte. If you have questions about your application form, please email email@example.com.
Does the program use social media?
Yes. We promote our program, nominees and winners on our different social media channels. We invite you to follow us and share your experiences via Facebook (@Deloitte), Twitter ("@DeloitteME" and “@DeloitteCY”), LinkedIn (Deloitte) and Instagram (Deloitte Cyprus) by using the #Fast50DME .
Who do I contact for further assistance?
Please email firstname.lastname@example.org with any questions you may have about the program.
How can I register for the Awards Ceremony?
The Awards Ceremony is an invitation-only event.
Who will be attending the event?
The Fast 50 nominees, alumni and non-nominated companies will be at the Awards Ceremony, incubators, the corporate community, private equity firms, corporates and representatives from the investor and start-up communities.
What is the criteria for Rising Star category?
Companies that meet all of the main Technology Fast 50 criteria, but have been trading for less than three years and have a revenue of at least US$50,000 in the last two years.
What is the Impact category?
Companies that have an Environmental, Social, and Governance (ESG) element at the heart of their mission. Deloitte will take the liberty to nominate in this category.