Frequently Asked Questions
What is Turkey Technology Fast50?
The Deloitte Technology Fast50 Awards are a listing of the 50 fast-growing technology companies in Turkey. It includes all areas of technology, from Internet to Life Sciences, Computers to Semiconductors, Software to Telecommunications.

Can I nominate another company for the Technology Fast50?
Yes, a company may nominate themselves or be nominated by a third-party.

Is there a fee to nominate a company for the Fast50?
There is no fee to nominate yourself or another company.

On what information is the Fast50 listing based?
The Fast50 lists companies based on revenue percentage growth over five years, which indicates speed of growth. It is not a measure of current financial performance or profitability.

How long has the Fast50 been in existence?
The Fast50 Awards were started in San Jose, the centre of Silicon Valley, California in 1995 and quickly became the growth benchmark of success in the USA. They have now expanded world wide to incorporate 37 countries and regions, including Austria. Belgium, Centrall Europe, CIS and Russia, Denmark, Finland, France, Germany, Israel, Italy, Ireland, Luxembourg, Portugal, The Netherlands, Norway, Spain, South Africa, Sweeden, Turkey, The UK Plus 19 individual programmes in the USA alone.

How do companies qualify?
To qualify for the Fast50, entrants must have been operating for a minimum of five years, with turnover of over 50,000 Euros in 2005 and 800,000 Euros in 2009. The parent company must be Turkey owned and the headquartered in Turkey. Subsidiaries do not qualify. Each entrant must be a "technology company," defined as a company that produces technology, manufactures technology-related products, is technologically intensive or uses technology in problem-solving, or devotes a high percentage of effort to research and development of technology.

How does the programme determine winners?
The Fast50 is based on the percentage of revenue growth over five years for each technology company. For the 2010 Fast50, companies are listed based on percentage growth for each company's fiscal year revenues over five years (2005 to 2009).

How do companies qualify for “the Big Stars”?
This category is recognizes companies that have achieved 50.000.000 € or more during fiscal year 2009 and have more than doubled in revenue growth, demonstrating that even large companies can remain nimble, posting impressive year-over-year growth.

What is “Turk Telekom Technology Special Award”?
“Türk Telekom Technology Special Award” is presented to the fastest growing company among Fast50 Turkey companies that managed to make the short list 3 times consecutively. The fastest growing company among Fast50 Turkey 2008, 2009 and 2010 Winners will be honored this year by this special award which will be presented during Fast50 Turkey 2010 Awards Ceremony.

When is the closing deadline for entries this year?
The closing deadline for entries is June 25, 2010.