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Eligibility Criteria

Technology Fast 50TM ranking & Companies-to-Watch award

  1. Your company must be either Canadian-controlled or headquartered in Canada. Your management team and R&D activities must also be located in Canada.  
  2. Your company must invest a minimum of 5% of gross revenues in R&D.  
  3. Your company must own a proprietary technology or have intellectual property that contributes to a significant portion of operating revenue.
  4. Your company must have minimum revenues of $50,000 in 2005 and $5,000,000 in 2009 (not applicable to Companies-to-Watch award applicants). 
  5. Your company operates within one of the following four sub-sectors:
    1. Emerging technologies (e.g. green technology, nanotechnology)
    2. Hardware/semiconductor
    3. Software
    4. Telecommunications/wireless
  6. Service offering firms are not eligible to the program

Technology Fast 50TM Leadership award

The criteria by which companies are considered are as follows:

Competitive advantage - Clear market focus, successful business model and strategy, superior intellectual property, superior customer adoption rate.
Size, growth and market attractiveness - Rapidly growing market segment, global market potential of $1 billion or more, product that directly addresses customer needs.
Management effectiveness and organization - Entrepreneurial experience, strength and depth of corporate culture, proven track record of managing profitable growth. 
Financial performance - Five-year growth over 200%, profitability.

Technology Green 15TM award

The criteria by which companies are considered are as follows:

  1. Your company must be either Canadian-controlled or headquartered in Canada. In addition, your management team and R&D activities must also be located in Canada.
  2. Your company must invest a minimum of 5% of gross revenues in R&D.
  3. Your company must own a proprietary technology or have intellectual property that contributes to a significant portion of operating revenue.
  4. Your company must maintain a minimum revenue of $500,000 in its most recent year period of operations.
  5. A majority of your company's revenues must come from products that have a positive environmental impact, being one of the following:
    1. Global warming prevention and energy saving
    2. Resources Circulation (Reduce, Reuse and Recycle)
    3. Environmental preservation and safety.
  6. Service offering firms are not eligible to the program

About the program

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