On Friday 22 September 2023 companies ranked in the 2nd edition of the Deloitte Technology Fast 50 ME & Cyprus program were recognized during an awards ceremony at our premises here at ARIS | A Really Inspiring Space, in the presence of public officials, Deloitte executives, investors and other key stakeholders of the entrepreneurial ecosystem.
The audience was welcomed and addressed by Dr. Neophytos Papadopoulos, Permanent Secretary of the Deputy Ministry of Research, Innovation and Digital policy; Kyriacos Charalambides, Partner at Deloitte Cyprus and FAST 50 program Leader; and Eliza Loucaidou, Director of the Innovation and Entrepreneurship Centre of Deloitte Cyprus and ARIS.
“At Deloitte, we believe that the growth of our region’s technology ecosystem can play an important role in the future of its nations’ economies. As a leading professional services provider, we are developing innovative initiatives and practices, and the FAST 50 program is one of them. The initiative was launched in our region three years ago and continues to grow year-on-year. Participation and recognition in the program have a significant standing for potential investors, that will not only enhance the companies’ business growth, but also the development of the overall ecosystem”, said Kyriacos Charalambides.
The recognition of Capital.com, based in Cyprus, as the top-ranked FAST 50 company of the region, highlights Cyprus’ rapid economic development of the sector.
Other Cyprus-based companies that were awarded:
- – FAST 50: Playkot, Softline Computer Systems Ltd, iSPIRAL, CLOUDLAYER8 LTD, AdTech Holding, ADDITESS, NETInfo, SignalGenerix, Municorn, payabl., Solar Staff.
- – Rising Star: The Mighty Kitchen, Simlead Ltd, eShipfinance.com, AdOperator, Flexfin.
- – Impact: Irerobot, Promed Bioscience, RSL Revolutionary Labs, Theramir.
- – Companies to Watch: ArgoSmart, Factory 39.
During the ceremony, representatives of the awarded companies had the opportunity to share their stories of growth, showcasing once again that, even in times of uncertainty, technology companies can adapt and capture phenomenal growth.
What is the Deloitte Technology Fast 50 program?
Deloitte’s “Technology FAST 50” is a prestigious program awarding fast growing technology companies headquartered in the Middle East and Cyprus, providing the opportunity for these companies to grow and amplify their brand.
The program ranks and recognizes the 50 fastest growing technology companies from all relevant sectors in the region, based on their percentage revenue growth over four years.
Deloitte announced that the nominations for the next edition of the program are now open, during the awards ceremony for the companies that participated in the 2nd edition.
Are you a rapidly growing technology company headquartered in the Middle East or Cyprus? Learn more about the FAST 50 program at www2.deloitte.com/DMEFast50 and submit your application by 30 November 2023.