10th anniversary of search for Deloitte fast 50

The index for New Zealand's fastest growing businesses, The 2010 Deloitte Fast 50, is open for entries.

This is the 10th year that high-growth businesses from throughout New Zealand have been invited to benchmark their business growth over the past three years against each other.

National leader of the Fast 50 programme, Deloitte partner Matt McKendry, says the 10-year anniversary of the programme is a significant milestone.

"The Fast 50 has become synonymous with some of New Zealand's most innovative and successful businesses from the past decade, and many of our top ranked companies from previous years are now household names," McKendry says.

"I'm sure the likes of 42 Below, HRV and Trade Me are a source of real inspiration for Kiwi entrepreneurs."

McKendry encourages all businesses to enter the Fast 50 as it is an opportunity for them to show they are able to grow through difficult trading conditions, and establish a springboard for future success as the economic climate improves.

"This year's Fast 50 businesses will have demonstrated an ability to achieve impressive growth rates during the past few years, and I'm excited at the prospect of the index uncovering some standout performances," he says.

He says if businesses have managed to grow in the recent tricky conditions it's likely that some will be in the next wave of high-profile New Zealand companies.

"My prediction is that this year's Fast 50 index will be eagerly anticipated by investors wanting to know who these future leaders are."

Making the Fast 50 index can open new doors for businesses, particularly those looking for investment or capital raising, and increases exposure to potential customers both here and overseas.

McKendry says in these times, well-run businesses have got a real opportunity to launch into another phase of high growth, and secure greater long-term market share.

Entries are open till 6 August and the winners will be announced on 27 October at five regional awards across New Zealand.

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