o Producing technology o Manufacturing technology-related products o Be technology intensive, or use unique technology to solve problems o Devoting a high percentage of effort to technology R&D; o NB: Using another company's technology or intellectual property in a unique way does not qualify.
3. The parent company must be UK-owned and have its headquarters in the UK;
o NB: Subsidiaries of UK or multinational organisations do not qualify.4. Operating revenues must be at least £42,000 ( 50,000 Euros) for the first financial year of the five year period and £657,000 ( 800,000 Euros) for the most recent financial year; o NB: The accounts for year five should have an accounting period ending between 1 June 2012 and 31 May 2013. 5. All submissions must be accompanied by signed accounts for the first and last financial year being measured in the competition. Unless a statutory exemption is being taken, these accounts must be unabbreviated and audited. Technology Fast 50 selection and qualifications The Technology Fast 50 list is compiled from Deloitte's nominations submitted directly to the Technology Fast 50, and public company database research. To qualify for the Technology Fast 50, entrants must have had 2007/08 operating revenues of at least £36,000. Deloitte researchers examined financial statements to validate operating revenues. Entrants must also be public or private companies headquartered in a participating region of the UK and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify. About the sponsors About Ciklum Ciklum is a leading supplier of technical personnel and teams, software development and agile business consulting to high growth companies globally. We currently employ more than 2500 specialists in our offices and technical development centers in Ukraine and Belarus. About Fidelity Growth Partners Europe