Mike Baur is a co-founder and partner of the Swiss Startup Factory. Before starting the business, he had worked in the Swiss Private Banking industry for over 20 years. He later started investing in startup companies. He started his career as an apprentice at UBS and worked his way up the executive board of a large Swiss bank.
In 2014, Mike partnered with two other people to form the Swiss Startup Factory, currently the No. 1 ICT Startup Accelerator in Switzerland. The goal of the company is to provide young entrepreneurs from Switzerland a platform that guides them through a business process, they will help them reach their business objectives. They attract young entrepreneurs, interested in networking with other successful business owners, so they get new ideas for pushing their own businesses forward.
The Swiss Start-up Factory offers a three-month accelerator program that provides networking, office space, coaching and mentoring, to help entrepreneurs get to the next level. It program offers startups financing and many other types of support in the early going. Participants in the program have access to bookkeeping, invoice management, payroll services, tax and VAT reporting systems and they learn about financial statements. Through the company, Mike hopes to pass on his experience and expertise to the next generation of entrepreneurs.
Mike spends a lot of time supporting young entrepreneurs and gives financial support to many, as well as mentoring them personally. He started out with an interest in banking and finance at an early age. He earned an MBA from the University of Rochester New York. He also received an Executive MBA from University of Bern.
Mike’s long fascination with the world of business and banking drove his entire career path. That is why he chose to start his career with a banking apprenticeship. He led Swiss Start-up through its initial accelerator program with the Goldbach Group. He led them through their partnership with Fintech Fusion in 2016. Fintech offers 12-month accelerator programs to companies in the financial industry. Baur worked with Fintech Fusion to help build a bridge of communications between the French and German parts of Zurich. The two companies plan a long-term partnership, that will break through language and cultural barriers.