Bid and tender specialist AM Bid has reached a turnover of £729,000 in the year to 30th September 2018, a 57% increase on 2017.
Now with nine permanent members of staff and 15 associates across the U.K. and Republic of Ireland, AM Bid provides bid writing, strategy and training services across more than 20 different sectors.
Founder and AM Bid Managing Director Andrew Morrison, who this year was named the Institute of Directors Scotland's Emerging Director of the Year, said the Edinburgh-based company was on track to achieve its goal of £1m in revenue by 2019.
“I'm delighted to announce this 57% increase in revenue, which puts us bang on track with our growth plan of £1m in turnover by 2019. What's more, we are consistently achieving bid win rates of 80% for our clients. With all the signs pointing towards an increase in demand for outsourcing bids and tenders, AM Bid's future appears to be very bright indeed.”
Andrew added: “The bid process continues to be complex. There are a lot of buyer requirements and it can be a very time-consuming process. Organisations are realising that the time they spend pulling together a bid might be time better spent on running their businesses.
“Our team, which is now across the UK and Ireland, is hand-picked for their bid writing expertise and knowledge of a wide range of sectors, in particular: construction and renewables, energy and infrastructure, professional services and tech. We are now receiving requests for bid writing from all over the U.K. and abroad, including China and the Middle East.”