Mike Baur is a Swiss entrepreneur with a passion for helping startups succeed in the current challenging economic environment. The veteran banker is the co-founder and managing partner of Swiss Start-up Factory (SSUF), which is based in Zurich, Switzerland. Although the company was founded barely three years ago, the company has grown to become the largest privately funded ICT startup accelerator in the country.
Swiss Start-up Factory focuses on developing startups into global enterprises that approach business activities in a manner different from the current business models, rules and products. Through a three-month program called the accelerator program, the company lends startups money to invest. Then the investors are taken through training and mentoring program to be equipped with proper investment skills. Swift Start-up Factory may also offer office space to the startups, as well as provide a platform for the startups to interact with and learn from other entrepreneurs and investors. The goal is to adequately prepare the new investors, who are mostly young people, to invest wisely and successfully run their companies.
Apart from SSFU, Baur has founded other highly successful firms. For instance, he is the co-founder of Swiss Startup Association, a company that works to cultivate a healthy working environment for startups in Switzerland. The company does this by campaigning for better regulatory and tax conditions for startups in the country. The organization also carries out activities aimed at creating wider political and social awareness regarding the business environment for startups in Switzerland. He is also the co-founder of Swiss Startup Invest., a top firm that supports startups in the High-Tech industry by facilitating activities where investors can interact and learn from each other. Other prosperous companies that the prominent banker has founded include Baur IS and think reloaded AG.
Baur’s success in founding companies comes from his experience of more than twenty years working in executive positions in several top banking institutions. He held the Vice President position at Innovation Lab Fribourg, a company that supports student entrepreneurs to utilize new technologies in the business world. Baur also worked at Clariden Leu where he was Head of Private Banking. Before then, he had served in various leadership positions at UBS.
By providing resources and guidance, Mike Baur is helping many investors, particularly the youth, build businesses. The Swiss investor holds an MBA from the University of Rochester New York and an Executive MBA from the University of Bern.