Mike Baur is a Swiss based entrepreneur and co-founder of Swiss Startup Factory. Before co-founding Swiss Startup, Mike had worked in the banking industry for more than two decades, where he served at UBS and Clariden Leu. After resigning from his job, Mr. Baur started to invest in startup firms until 2014 when he co-founded Swiss Startup Factory, an accelerator firm that supports emerging digital entrepreneurs. It was the first firm in Switzerland to operate a three-month accelerator process for digital entrepreneurs. Mike’s other partners are Max Meister and Oliver Walzer. Mr. Baur once served as one of the juries at the START Summiteer, a startup contest organized at the University of St. Gallen.
Objective of Swiss Startup Factory
Running startup businesses is not an easy task, especially if the owners are young entrepreneurs because they are faced with harsh conditions. However, the number of Swiss who are choosing entrepreneur as a career is on the rise because they learn ideas of making products and services. Unfortunately, some are not able run them on their own because they might make the wrong decision. This was the reason why Mike Baur and his business associates founded Swiss Startup Factory to support these young entrepreneurs. The firm believes that emerging entrepreneurs in Switzerland need professional guidance to enable them pass all stages of business growth without obstacles.
Mike Baur and his founding partners had passion and strong conviction for entrepreneurship, which made them create a unique accelerator. The Swiss Startup Factory is privately funded by the founding partners as well as private investors. During the accelerator program, the entrepreneurs receive training from the firm’s team of professionals in fields like sales, marketing, strategy, finance, law and technology. Swiss Startup Factory also provides accelerator for Entrepreneurs in Residence; those who have not yet found a startup, but already have a business idea.
Mike Baur has been investing much of his time supporting young entrepreneurs through mentorship programs or funding. He received his MBA from the University of Rochester. Mike also earned his MBA from University of Berne. When he was serving in the banking industry, Mike was promoted to serve as an executive board member at the largest private bank in Switzerland. Indeed, Mike Baur has played critical role of helping Swiss startups to establish strong foundations to enable them overcome the most challenging stages of business development. Through his efforts, many young entrepreneurs have established successful businesses.