For the 15th time, management consultancy Deloitte will present its Technology Fast 50 Awards in November. The application deadline has now been extended to July 15.
Instead of the end of June, companies in the hardware, software, communications, media, life sciences, and clean technology sectors can now apply until July 15th. The award is based on average percentage sales growth over the past four fiscal years. Applicants must have been in business for at least four years, generate their sales through a technology they developed themselves, and invest a significant portion of their revenue in research and development. Sales must have been at least €50,000 in 2013 and at least €1 million in 2016.
Deloitte also awards special prizes in several categories: Companies that have been on the market for at least two years and generated at least €25,000 in revenue in 2015 and at least €500,000 in 2016 are eligible to be recognized as "Rising Stars." The "Sustained Excellence Award" is aimed at companies that have established themselves in the market through long-term growth. The Special Innovation Award recognizes particularly innovative business models, products, or technologies. The winners will receive their awards at a gala dinner on November 8th at BMW Welt in Munich.
Good place for Munich startups
Since 2003, the management consultancy has been honoring young technology companies for their rapid growth and high degree of innovation. The award has so far been a boon for startups from the Bavarian capital: Last year The Munich-based company Onpage.org third place behind Nordwest-Box and Qoniac. The special Innovation Award went to current winner of the Munich Startup Award Cleverciti. The year before won Celonis first place in the Technology Fast 50 Awards.
Further information about the award and the application process is available here: www.fast50.de
