The Tech5 is a pan-European initiative to identify the fastest-growing tech startups in each country.
It was just established by TheNextWeb and its partner, Ayden.

As of today, high-growth tech startups from every European country can join the first phase of the Tech 5, if they meet the criteria.
The companies from the ten most vibrant tech communities, based on the number of unique submissions that met the criteria (see below), will move on to the next phase to determine the respective Tech5 lists per country. (e.g. German Tech5, UK Tech5).

The companies will be ranked based on growth rates in revenue and usage plus a public component and the fastest-growing companies get to present in Amsterdam.

Criteria for the company:
– Has more than 500k EUR revenue in 2013, and;
– Is in operation for less than 5 years, and;
– Has its headquarters in Europe,
– Builds and markets its own (scalable) product or service driven by technology (no agencies, consulting companies).

Read more on TheNextWeb website.

What are the Romanian tech startups which are eligible? Contact us if you have suggestions. Or suggest a company right on their website.
You can also help by spreading the word (Facebook, Twitter, email) about this.