TORONTO - The deadline for identifying Canada's Emerging Growth Companies is fast approaching.

Now in its 10th year, the PROFIT HOT 50 is the premier ranking of Canada's fastest-growing young businesses based on two-year revenue growth. Anyone who manages or knows of a fast-growing young company is invited to submit a nomination by completing the simple entry form found at http://www.PROFITguide.com/awards.

PROFIT will honour Canada's Emerging Growth Companies in its October issue and at GrowthCamp, an exclusive three-day summit at which HOT 50 leaders share ideas, learn from experts and make valuable new contacts. Past winners have called it the best business event they've ever attended. Winning firms are backed by a national publicity campaign that generates extensive consumer and trade media coverage.

Past PROFIT HOT 50 winners include The Herjavec Group, whose CEO Robert Herjavec is one of the dragon investors on CBC-TV's hit series Dragons' Den. And many firms on the PROFIT HOT 50 later go on to rank on the PROFIT 100 list of Canada's Fastest-Growing Companies. For instance, Kids & Company Ltd., which ranked No. 1 on the 2008 PROFIT 100, had ranked twice on the PROFIT HOT 50.

For a list of last year's winners and stories about their best practices, visit http://www.PROFITguide.com/hot50.