First Platform of its Kind - Bid4Skill: Ambitious Singaporean Startup set to Disrupt the Global L&D Market

  SINGAPORE - 05/25/2018 (PRESS RELEASE JET)

Bid4Skill, a startup that optimizes the search process for trainers and coaches, have announced their entry into the startup scene in Singapore. After 6 gruelling months of planning strategy and product testing, they are now headquartered out of JTC Launchpad @ one - North.

Founded just last year, Bid4Skill aims to disrupt the search process in a 90-Billion-dollar training industry by revamping the search process for new trainers and coaches that Learning & Development (L&D) professionals engage in – a pain point that many face each day. The platform and services are equipped for businesses and HR professionals to use instantly, with an entire network of top-tier trainers and coaches that have decades of experience under their belts and are effective at the same time. 

Human Resource (HR) professionals no longer have to spend days researching and comparing trainers for upcoming training programs. They would just need to submit a request on their website and within 72 hours, they will be able to source for 3 training providers in the field at various price points. Their service being free for all users, might just be the icing on the cake. 

Hortense Stucker, Head of Partnerships, Bid4Skill, mentioned “Breaking into any industry is always a challenge. However, we have had early successes during our testing phase with MNCs due to two things. We are 100% free to use, and we save them enormous amounts of time.” 

The secret ingredient for this startup is having a reliable network of trainers and coaches, who ensure participants actually have good takeaways. What would typically take 3 weeks for search, Bid4Skill has now brought that process down to just 3 days – making it a platform like no other.

Zeus Khambatta, Co-Founder, Bid4Skill, said “We ensure that all our providers go through an elaborate vetting process because we believe in quality training. We want to allow our training providers to build meaningful communities around them and introduce meaningful skills into communities is one way to do it. In 2017 we saw a great Training Boom and we believe that we are going to be at the forefront of it in 2018."

The Bid4Skill Process is as Seamless of a Process as It Sounds

• A client needs a training program delivered on certain competencies and posts a request on Bid4Skill’s platform. 
• The client gets offers from each of the 3 providers and is able to ask them for further details through the platform and negotiate terms, if required. 
• They decide on the training provider of their choice and any payment is made directly to the trainer. 
• Bid4Skill then collects 10% of the invoice from the training provider as a standard fee. 

JTC Launchpad @ one-north is the chosen home as Bid4Skill’s headquarters with its great start-up support. Bid4Skill was founded with an idea that was born from an insight of a real need that the industry is facing today - that it just had to be tested. It is a small team of 11 spread around the world with the core team in Singapore. 

About Bid4Skill

Bid4Skill is a free to use network, allowing businesses to obtain top of the line trainers and coaches for their training needs. Bid4Skill with a global network of training providers also ensures trainings are not restricted geographically. They are currently seeking to disrupt and revamp the search process, easing the load for Learning and Development Executives around the world. 

For more information, please contact:
Zeus Khambatta, Co Founder
Bid4Skill
+6593379904
zeus@bid4group.com