Unistraw International’s rapid ascension recognised by inclusion in BRW’s Annual Fast Starters List.
April 28 , 2007
Unistraw International’s rapid ascension recognised by inclusion in BRW’s Annual Fast Starters List.
BRW Magazine has just released their 2007 List of Fast Starters; to be considered a ‘Fast Starter’ by BRW, businesses must be in the start up phase of their lifecycle; this phase is considered to be the first two years from establishment. Unistraw International not only made it onto the 100 Fast Starter list but achieved a coveted position in the Top 10.
To qualify as a BRW Fast Starter, businesses were required to meet very specific criteria:
- The business must have started trading after June 30, 2002.
- The business must have generated more than $500,000 revenue in the 2005/06 financial year.
- Revenue generated in 2005/06 must have increased on their 2004-05 earnings.
- The business must have reported at least two fiscal years of revenue
including 2005-06.
- The business required third-party verification of revenue.
- The business required more than one customer/client - the bulk of revenue could not come from grants or other start-up funding.
- The business had to be wholly Australian, not a subsidiary of a multinational.
The Top 10 Fast Starters originate from; IT, retail, mining, finance & insurance, manufacturing and health & community sectors of the Australian marketplace.
The reasons for their explosive growth vary; some have exciting new services and products, some have filled gaps in the physical marketplace; e.g. flexible gas piping systems and sandwich bars and others have entered the intellectual marketplace; e.g. IT and communications.
Unistraw’s 2005/06 revenue of $8,228,000 coupled with the amazing speed of its global expansion - distribution partners established for 97 international markets in the 18 months since its Australian launch, ensured its place as one of BRW’s 100 Fastest Starters. Recognition as a 2007 Fast Starter is further testament to the company’s massive growth, recognising that Unistraw International is a company moving in the right direction.
Unistraw International developed the ingenious Unistraw™ Delivery System – a unique drinking straw that has a myriad of applications, a drinking straw that is in the process of rapidly revolutionizing on a global scale the way people consume beverages. A drinking straw that applies exceptional technology and design, to give a great tasting, nutritious and convenient beverage delivery system.
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