Deloitte Technology Fast 50 Programme: A Prestigious Ranking for Tech Companies in Spain

What is the Deloitte Technology Fast 50 Programme?

The Deloitte Technology Fast 50 Programme is a ranking that names the top 50 fast-growing tech companies in Spain’s startup scene. The programme counts revenue growth over the last four years. This method shows key aspects of tech innovation and growth.

Benefits of Participating in the Programme

One main benefit is the high visibility the programme gives to companies in the list. Media outlets, social networks, and Deloitte’s corporate network share the news. This network connects companies with other influential firms that support the project.

Being part of the Fast 50 creates a chance to join a wide network. This network can bring new partners and projects. The programme also brings international credit with the EMEA Technology Fast 500 Ranking. This ranking includes firms from Europe, the Middle East, and Africa.

Eligibility Criteria for the Programme

To qualify for the Deloitte Technology Fast 50 Programme, companies must meet these criteria:

1. Financial Documentation:
   The company must show annual accounts for a full four years. The accounts may be either audited or deposited.

2. Definition of a Technology Company:
   The company must fit the tech profile. It must meet one condition:

   • It owns a patent or technology that adds to revenue.
   • It makes a tech-related product.
   • It spends a large part of revenue on research and development for tech.
   • It relies heavily on tech or uses unique tech to serve customers.

3. Location Requirements:
   The company must be based in Spain or meet one rule:

   • It started in Spain or has Spanish shareholders, with over 30% of its staff or income in Spain.
   • More than 50% of its senior managers live in Spain along with over 30% of its staff or revenue in Spain.

4. Group Affiliation:
   A company must not belong to a corporate group. If it does, the application must show combined revenues for the first and fourth years.

5. Revenue Thresholds:
   The company must report at least €50,000 in revenue in the first year and at least €1,000,000 in the fourth year.

6. Supporting Documentation:
   The application must include signed accounts for the first and last years measured. If the accounts are not audited, the board must send a letter that confirms the revenue figures.

Application Process and Important Dates

Companies must send a PDF file with their signed accounts for the first and last years. If only short accounts exist, extra financial details may be asked to back the revenue claims.

Companies that do not meet the minimum period or revenue rules will not join the ranking.

After the submission period ends, the Deloitte Spain team will check all the files. Chosen companies will be called to confirm their rank. They will also be told the date for public announcement.

Contact Information for Inquiries

For questions about the programme’s criteria, application process, or timeline, companies can send an email to fast50esp@deloitte.es. This email ensures clear communication and help for companies wanting to join the ranking.