Submit your application for the 2021 Deloitte Technology Fast 50 Central Europe Programme

More about the ‘Technology Fast 50 Central Europe’

The Deloitte ‘Technology Fast 50 Central Europe’ is a Programme that ranks 50 fast growing technology companies, public or private, based on percentage revenue growth over four years and includes all related industry sectors – communications, environmental technology, fintech, hardware, healthcare and life sciences, media and entertainment, software. This year’s ranking will analyse revenues from 2017 to 2020.

Competition details

The competition has two categories:

Fast 50 - Central Europe

Eligibility for the main Fast 50 ranking requires fulfilment of the following criteria:

• Annual revenues of at least €50,000 in 2017, 2018 and 2019 and €100,000 in 2020;
• Has its operational headquarters in a Central European country (Albania, Bulgaria, Bosnia & Herzegovina, Croatia, Czech Republic, Estonia, Hungary, Kosovo, Latvia, Lithuania, Macedonia, Moldova, Montenegro, Poland, Romania, Serbia, Slovakia or Slovenia);
• Develops or manufactures proprietary technologies or spends a significant amount of capital on research & development;
• Has an ownership structure that excludes majority-owned subsidiaries of strategic entities.

Companies to Watch - Central Europe

The Companies to Watch category showcases and ranks younger companies that do not fulfill the criteria for the main Fast 50 ranking yet. The category is broken down into two subcategories: Investment Stars and Growth Stars.

Companies to Watch – Investment Stars

This Technology Fast 50 Central Europe subcategory recognizes companies that do not meet Fast 50 criteria but have received highest amount of total investment.

Investment Stars ranks 10 companies that have received the highest amount of investment between January 1, 2018 and May 31, 2021.

Eligibility Requirements - Investment Stars must:

1. Be in business for no more than 3 years – must have been established by Jan 1, 2018.
2. Companies must have received a minimum investment of €500,000 between Jan 1, 2018 – May 31, 2021.
3. Own proprietary intellectual property or proprietary technology, sold to customers in products that contribute to a majority of the company's operating revenues.
   • Own proprietary technology that contributes to a significant portion of the company's operating revenues.
   • Manufacture a technology related product.
   • Devote a significant proportion of operating revenues to research and development of technology.
   • Be technology intensive, or use unique technology to solve problems.
4. Be headquartered within Central Europe.*
5. Investment cannot exceed 50% ownership in company.
   * Note: Subsidiaries or divisions of companies are not eligible unless they have some public ownership and are separately traded. Companies that are acquired prior to the finalization of the list are not eligible to participate. Financial statements must show any and all investments made to your company in the time period listed above. Additional documentation must be provided if said financial statements do not clearly show the total amount of investment.

The application should go through the country where the operational HQ is located.

Companies to Watch – Growth Stars

Growth Stars ranks 10 companies that have shown natural growth over a period of 3 years.

Eligibility Requirements - Growth Stars must:

1. Be in business for no more than 3 years – must have been established by Jan 1, 2018.
2. Own proprietary intellectual property or proprietary technology, sold to customers in products that contribute to a majority of the company's operating revenues.
   • Own proprietary technology that contributes to a significant portion of the company's operating revenues.
   • Manufacture a technology related product.
   • Devote a significant proportion of operating revenues to research and development of technology.
   • Be technology intensive, or use unique technology to solve problems.
3. Have base-year operating revenues of minimum €10,000 (2018) and current year operating revenue of minimum €30,000 (2020).
4. Be headquartered within Central Europe.*
   *Note: Subsidiaries or divisions of companies are not eligible unless they have some public ownership and are separately traded. Companies that are acquired prior to the finalization of the list are not eligible to participate.

The application should go through the country where the operational HQ is located.

The competition has one special category:

Impact Stars – Central Europe

This year we will, once again, have our “Impact Stars” included in this year’s programme. Those interested in entering this category should complete the additional questionnaire. The Impact Stars (IS) is a special category which recognizes a company which successfully links great products/services with a positive impact on at least one of the following: society, business, innovativeness, environment and diversity.

Those interested in applying for the IS category must sell a product and/or a service that makes an impact in the following fields:

• Impact on the business, environment and society.
• Diversity amongst employees and/or management staff.
• Unique assets and/or services development.
  

Stay connected

For more information contact jzivkovicsupuk@deloittece.com or cefast50@deloittece.com