What financial growth rate is required over three years for HGS eligibility?

To qualify for the High Growth Scheme (HGS), a company must demonstrate a significant growth rate over a specified period, typically three years. The requirement often reflects a robust potential for expansion, attracting investors and supporting the business's sustainable development.

In this context, a growth rate of 20% over three years is commonly recognized as the threshold for HGS eligibility. This percentage indicates a strong upward trajectory and is considered a benchmark in the industry for companies that wish to position themselves as high-growth entities. Such a rate demonstrates the ability to scale operations and market presence effectively, which is essential for a business looking to thrive in competitive environments.

A growth rate lower than this would not meet the expected criteria for HGS, while higher rates, although indicative of stronger performance, are not necessary for eligibility. Therefore, it is the 20% figure that aligns with the established standards for HGS qualification.