Fast 50 open for business

Fast 50 open for business

Fast 50 open for business Deloitte has opened entries for this year's Fast 50 index, a list of New Zealand's fastest-growing companies by revenue over the past three years.

Companies need to be registered in New Zealand and be at least three years old to enter, with a minimum operating revenue of $300,000 in the 2011/2012 financial year. The exception is the Rising Star award, given to a startup with potential for fast growth.

Last year the organisers launched the Festival of Fast Growth, which celebrated companies at five regional events in September 2013. Winners attended a one day event in Auckland.

“It was quite a big leap for us to go from a traditional awards ceremony to a more unstructured full day worth of speakers, but it paid off with rave reviews from all that attended. This year’s Festival wrap party, also at Villa Maria on 6 November, will build on that success,” says Deloitte Private partner Bill Hale.

As well as the Fast 50 index in five regions, six awards are given to the fastest growing manufacturer, technology business, services business, retail/consumer products business, exporter and mature business (operating for 15 years or more).

There is one award nationally for the fastest growing primary sector business. National winners for each category are announced at the Festival of Growth party in November.

Entries close on 25 July with regional and Fast 50 winners announced on 1 October.

All technology businesses that enter the Deloitte Fast 50 are automatically nominated for the Deloitte Technology Fast 500 Asia-Pacific index announced in Hong Kong in December.

Since the programme began in 2001, Fast 50 winners have included Trade Me, 42 Below, HRV, Energy Mad and Earthwise.