• Why enter?
• What are the entry criteria?
• How is growth calculated?
• How is the Deloitte/Unlimited Fast 50 index compiled? 
• Key Dates
• Fast 50 Insights and video clips

Celebrating New Zealand's high-growth companies

In 2001 Deloitte and Unlimited magazine collaborated to establish the Deloitte/Unlimited Fast 50, New Zealand’s only index that identifies and celebrates the fastest-growing companies in the country.

The Deloitte/Unlimited Fast 50 helps identify the success factors that drive company growth and help New Zealand sustain international competitive advantage.

Now in its eighth year, the Deloitte/Unlimited Fast 50 index has profiled a diverse range of New Zealand’s fastest growing companies, attracting participation from organisations such as:

Fast growing companies are the drivers of our economy and the Deloitte/Unlimited Fast 50 celebrates the innovation and growth of small, medium and large businesses.

Why enter? 

By simply entering the Fast 50, companies:

• Go in a draw to win one of five regional prizes of $5000 free tax advice from Deloitte
• Have the opportunity to take up a Growth Strategy Review with Deloitte growth experts
• Are eligible to attend a “Governance for Fast Growth Businesses” workshop in Auckland, Wellington or Christchurch, conducted by Professor Mark Ahn of Victoria University and Deloitte Governance experts
• May join the Fast 50 Exporter Network and/or Fast 50 Innovation Network to discover what other successful companies are doing to make growth work for their business
• Receive preferential entry to regional Deloitte growth Forum seminars
• Are invited to their local Fast 50 awards ceremony on 29 October 2008

Being named as a Fast 50 company, provides an opportunity to:

Benchmark your business growth
As a fast-growing company, often within a niche market, it’s sometimes difficult to measure your performance.  The Fast 50 index is an opportunity to be ranked alongside other New Zealand success stories.  In addition, technology-related businesses also go forward to the Deloitte Asia Pacific Technology Fast 500 fast growth index.

Raise your profile
Being a Fast 50 company will raise your company’s profile within the marketplace, as well as across the media and investment community.

Boost employee morale
Being recognised as one of New Zealand’s fastest-growing companies is great for business, not just externally but also internally.  Many Fast 50 companies note their position in the index boosted employee morale, helped focus the organisation on the growth agenda and acted as an incentive to sustain growth.  It’s also an excellent recruitment tool.

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Fast 50 entry criteria

To be eligible for the 2008 Deloitte/Unlimited Fast 50, companies must meet the following criteria:

• Have operating revenues of at least $250,000 in 2005/06 (FY06) and at least $500,000 in 2007/08 (FY08)
• Have been in business for a minimum of three years
• Have New Zealand registered operations
• All entries must be verified by an independent source

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How is growth calculated?

The index measures the percentage increase in annual revenues from normal trading operations. The calculation for revenue growth is as follows:

Revenue growth is calculated by subtracting the 2005/06 revenue figure from the 2007/08 revenue figure to identify the change in revenue for the three-year period. This figure is then divided by the 2005/06 figure to calculate the percentage change. The 50 companies with the highest % growth will make up the 2008 Deloitte/Unlimited Fast 50.

Revenue figures are NOT published. However, these figures are required to calculate revenue growth.

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How is the Deloitte/Unlimited Fast 50 index compiled?

The index is developed through a combination of Deloitte research, public nominations, and companies stepping up to be benchmarked. Companies are ranked according to percentage growth over a three-year period. Companies must have been in business for three years to participate.

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Key Dates

• Registration opens 30 June 2008. Registration forms will be available on this website. Contact 0800 FAST50 for further information.
• Registration closes 15 August 2008 [Stop Press: Entries now close 22 August]
• The 2008 Deloitte/Unlimited Fast 50 will be announced on Thursday, 29 October 2008, at five regional award evenings in Auckland, Hamilton, Wellington, Christchurch and Dunedin.

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