Technology Fast 50TM program Clean technology ranking*

The Technology Fast 50™ program celebrates innovation,

rapid revenue growth, entrepreneurial spirit, and the Clean technology
world-class achievements of the Canadian technology industry. is defined as any of the
Awards are presented in distinct categories that characterize tools, technologies, products,
and define the unique strengths of Canadian innovation. and services that deliver
Winners include both public and private companies spanning GHG emission reductions,
a variety of industry sub-sectors from hardware, software, and lead to more circular
telecommunications to emerging technology and digital media. economies through the
recycling, regeneration,
and reuse of resources,
Technology Fast 50 ranking* Enterprise Fast 15 ranking*
and promote well-being
Recognizes Canada’s 50 fastest growing This category requires applicants to meet
for people, communities,
technology, media, and telecommunications the same criteria as the Technology Fast 50
and nature through
companies with the highest percentage nominees. Participants must be able to show
sustainable agriculture,
revenue growth over four years. Participants a minimum revenue of $10 million in 2019 and
clean air and water, resilient
must be in business for at least four years a minimum revenue of $50 million in 2022.
communities and cities,
with minimum revenues of CAD$50,000
and the preservation and
in 2019 and CAD$5 million in 2022. Companies-to-Watch awards*
regeneration of natural
Highlights Canadian technology companies
ecosystems.
Technology Fast 500 ranking* with the potential to be future Technology
This program ranks the 500 fastest growing Fast 50 candidates with minimum revenue of Participants must be in
technology companies in North America CAD $50,000 in 2020. business for at least four
with the highest percentage revenue years with minimum
growth over four.years. New this year - Companies must be able to revenues of CAD$50,000
show a minuimum revenue of $2.5 million in 2019 and CAD$5 million
in 2022. in 2022.

Application period opens in April.

Visit fast50.ca for program criteria and information on how to apply.
Please contact us with any questions at fast50@deloitte.ca.

*Please note: Companies can only apply to only one category. Deloitte reserves the right to change
a company’s category based on the information provided in the application.
Technology Fast 50TM

Technology Fast 50™ Program 2022 winners’ stats

The top spot for Technology The top spot for Enterprise
Fast 50 belongs to Nobul, Fast 15 belongs to Hopper,
a Toronto based company, that a Montreal based company,
achieved revenue growth of that achieved revenue growth of

72,944%
The top spot for Clean technology
belongs to Flashfood,
a Toronto based company,
vthat achieved revenue growth of
859%
The top spot for Companies-to-
Watch belongs to Thrive Health,
a Vancouver based company,
that achieved revenue growth of

11,869% 4,221%

Average revenue growth rate

of the Technology Fast 50, Revenue range for 2022
Enterprise Fast 15, Clean tech program winners is
and Companies-to-Watch
categories combined
$195K to
1,704% $337M

Average revenue of
the Technology Fast 50,
Enterprise Fast 15,
Clean tech and
Companies-to-Watch
categories combined

$40.5M
80
Canadian companies

30%
ranked in the North America
Technology Fast 500TM

of companies from
CTW have made it
to the Technology www.fast50.ca
Fast 50 list in the
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