Start-ups have until the deadline of July 15, 2019 to apply for the Gründerszene Awards, which will be presented on November 28, 2019 in Berlin. The Growth Ranking linked to the awards honours sustainable growth in the industry and is determined by a growth score.
The valuation of digital companies is based on a growth score prepared by the validation partner KPMG. The score takes account of the average annual turnover growth (Compound Annual Growth Rate) from 2016 to 2018 and the company’s age. The aim is to create a number-based list of hidden champions, young achievers and established companies.
Hamburg’s digital companies
Last year, two Hanseatic start-ups counted among the top five firms in the Growth Rankings namely Veluvia, which specialises in natural food supplements and Flex Payment – a provider of financial solutions for enterprises and independent firms. Companies in Hamburg’s innovative digital sector are likely to be among winners again this year. The top ranked companies can look forward to marketing worth EUR 250,000 and other prizes.
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