Businessman Mike Baur is using Swiss Startup Factory, the company he co-founded in 2014, to helps young Swiss entrepreneurs find an easier path to success. Baur is investing a great deal of his time and money in the project. He personally mentors the entrepreneurs and is responsible for raising funds to run the new business accelerator. But Baur’s commitment to young Swiss entrepreneurs goes beyond his Swiss Startup Factory. He also works with a variety of other entities to ensure young business people get the support they need to overcome the common pitfalls they will face that can be a barrier to their success.
Baur is director and co-founder of the Swiss Startup Association. The organization works to help a number of new business incubators to get the guidance and resources they need to help startups to do well. Mike Baur has worked with the Goldbach Group, Fintech Fusion, CTI and the START Summiteer to help young Swiss entrepreneurs network with each other and attain the goals they have for their businesses. He has played a very important role in helping those entrepreneurs and the business incubators with which they work to have success.
Having a dream and working to make it a reality is nothing new to Mike Baur. As a youth in Fribourg, Switzerland he was very interested in finance and banking. After earning MBAs from the University of Bern and the University of Rochester New York, he accepted an entry level position with the financial institution UBS as a commercial apprentice. Over the course of almost 20 years he was able to get increasingly important positions with prestigious financial services companies like Clariden Leu. When he retired at age 39, Baur had secured a position on the executive board of a major Swiss private bank.
After retiring Mike Baur turned his attention to helping young entrepreneurs. He got together with Max Meister and Oliver Walzer and created Swiss Startup Factory. Now acknowledged as Switzerland’s top privately owned new business incubator, SSF runs an intensive 3 month program providing mentorship, financial support, office space and an array of other services. SSF also connects the startups to an international network of investors and entrepreneurs. Swiss Startup Factory and Mie Baur work with several groups of businesses each year.
In December 2016 the Wall Street Journal ran an article about Mike Baur’s business career and his work with Swiss Startup Factory.