Technology Fast 50

The Fast 50 ranking recognises the country’s 50 fastest-growing technology companies based on percentage revenue growth over the last four years.

Criteria:

• In business for a minimum of four years with finalised financial statements for FY20/21 (Year 1) and FY23/24 (Year 4). Base-year (year 1) operating revenues must be a minimum of €50,000 (£43,000) and a current year (Year 4) operating revenue of at least €1,000,000 (£859,900).
• Parent company must be Irish-owned and headquartered in Ireland. Northern Irish companies can enter the Irish or UK programme, but not both.
• Cannot be a subsidiary of a larger group. If part of a group, consolidated revenue for the group must be reflected.
• Must be a technology company, defined as one that:
  • Owns proprietary intellectual property/technology. 
  • Manufactures technology-related products. 
  • Devotes significant revenue to R&D. 
  • Is technology-intensive or uses unique technology to solve problems. 

We require you to provide financial information, this information will be treated as confidential and will not be shared outside of Deloitte and the Fast 50 programme management team.

Companies will be assessed on their turnover for FY20/21 (Year 1) and FY23/24 (Year 4). Consistent revenue calculation is required, with specific accounting periods ending between 1 June 2020 - 31 May 2021 (Year 1) and 1 June 2023 - 31 May 2024 (Year 4). The beginning of Year 1 to the end of Year 4 must cover a total period of 48 months.

Applicants who meet the Fast 50 programme criteria may also apply to enter the below additional award:

• Growing New Technology Award in association with Google
  This award will be presented to a company that has created or introduced a new or innovative product or service to international markets that has helped grow their business over the last four years.
• Impact Award in association with Meta
  This award will be presented to a company that has made a significant impact within the current year.
• Women in Technology Advocate Award in association with NetSuite
  This award will be given to an individual who has demonstrated through their actions that they are an advocate for increasing participation by and promotion of women in the technology sector.
• Scale Up Award in association with Scale Ireland
  This award is for a company that has demonstrated an impressive ability to scale up/expand overseas over the last four years.
• Financial Services Innovation Award in Association with Financial Services Ireland
  This award will recognise a fintech company with an innovative product or services that is having a disruptive impact within the financial services industry.

Rising Star award in association with Enterprise Ireland

This award recognises the innovation and growth achievements of a company who have operating revenues accounting for a minimum of 2 years and less than of 4 years. Companies being considered for this award demonstrate a promising growth trajectory and the potential for inclusion in the Fast 50 rankings in years to come.

Criteria

• In business for a minimum of 2 years and less than 4 years.
• Current year revenue of at least €500,000 (£426,700) for FY23/24.
• Parent company must be owned and headquartered in ROI or NI. Subsidiaries do not qualify.

Must be a technology company, defined as one that:

• Owns proprietary intellectual property/technology.
• Manufactures technology-related products.
• Devotes significant revenue to R&D.
• Is technology-intensive or uses unique technology to solve problems.

Communications

Equipment manufacturer
Satellite telecommunications service
Service provider
Wireless service provider
Other

Environmental Technology

Clean tech
Energy tech
Green-tech
Other

Fintech

Asset management
Cryptocurrency
Consumer credit / lending
Digital banking
Insurtech
Money transfer
Payments
Regtech
Other

Hardware

Electronic devices / Computers / Peripherals
Semiconductors / Components
Internet of things
Other

Healthcare and Life sciences

Biotechnology
FoodTech
Medical Devices
Medtech
Other

Media and Entertainment

Commerce / Advertising / Adtech
Adtech
Digital commerce
Gaming
Over the top service
Social media
Other

Software

App development / Mobile
Artificial intelligence
Blockchain
Consumer software
Data analytics
Enterprise software
Food Tech
Health Tech
HR training
Logistics
Real estate
SaaS/Cloud
Security / Cyber Security / Biometry
Smart city / Mobility / Transport
Social Economy
Social Enterprise / Not for profit / Charity
Tourism / Travel / Lodging
Other

How will we know the online registration form was received by Deloitte?

The applicant will receive an automated email notification indicating that the online application was received by Deloitte. If you still have questions about your application form, please email iefast50@deloitte.ie.

Are revenues published?

No. Deloitte will not disclose financial figures. Participants will be required to provide revenue proof to Deloitte for validation purposes only. For companies who agree to have their information submitted for consideration for the EMEA Technology Fast 50 programme, your company's growth figure over the four-year period will be shared publicly on the EMEA Technology Fast 500 website.

When do the 2024 applications open and close?

Applications for the 2024 programme opened on Thursday, 22 of August and closed on Friday, 27 of September at 5pm.

How much does it cost to enter?

It’s free, there is no fee to enter your company.

How do I enter the Fast 500 EMEA programme?

To enter the Fast 500 EMEA programme you need to be nominated via your local country programme (i.e. Irish Fast 50). All qualifying entrants who agree in their Irish application form to put their company forward will be automatically entered into the Technology Fast 500 EMEA.

What is the privacy policy regarding handling of my information?

You can view or privacy notice for the programme here. Further information about how Deloitte handle information is viewable on www.deloitte.ie. For any other queries you can contact the programme team.