Identifying the fastest growing firms in each nation and region of the UK.
Since 1999, the Fast Growth 50 has been working with the top performing fast growth Welsh firms, recognising their achievements and helping them to make a difference to the Welsh economy.
Over this period, the firms that have appeared on the annual listings since 1999 have created tens of thousands of jobs and generated billions of pounds to the Welsh economy, Because of this, the Fast Growth 50 is firmly established as the list of business success that entrepreneurs across Wales aspire to.
Fast growth firms - which are normally defined as achieving 20% growth per annum - make up less than 1% of the UK business population but represent 50% of the total SME turnover output.
They therefore make a massive contribution to the UK economy and the now national Fast Growth 50 will publish a detailed list of fast growing firms in eight nations and regions of the UK namely the East of England, London, the Midlands, North of England, Northern Ireland, Scotland, South of England, and Wales.
By focusing on creating a list of fast growing ‘local heroes’, this programme will also make a significant contribution to the leveling-up agenda that is currently driving UK Government economic policy and recognise the best businesses across the nation.
The Fast Growth 50 will open for applications on March 1st and the fastest growing firms will be celebrated at award evenings in Belfast, Birmingham, Bristol, Cambridge, Cardiff, Edinburgh, Manchester and London in October and November.