Mike Baur is a success Swiss businessman and entrepreneur. He worked in the banking industry for a long time, utilizing the knowledge he accrued and skill he got in his undergraduate and post graduate studies. He holds a Master of Business Administration degree which he earned at the University of Rochester. Impressively, he also holds another MBA, an executive one, from the University of Berne. His working experience provided him with more knowledge on handling capital investments and nurturing start-ups. After 20 years of learning and service and capital acquisition, Mike Baur left his successful banking career in the year 2014 at the age of 39 years to forge his own path in entrepreneurial startup acceleration.
Mike Baur is the co-founder of the leading early stage ICT Startup accelerator in Switzerland, the Swiss Startup Factory. The startup accelerator happens to be the only independent and privately financed one. Thus, it enjoys ample efficiency and flexibility in its dealings and decision making Mike acts as its managing partner. At its inception and formulation, Mike played a key role in providing inspiration, tactical financial service, fundraising, financing, and networking. Because of his role as a managing partner, he invests plenty of his time in nurturing young Swiss entrepreneurship by providing financial investment and mentorship to numerous innovative startups.
Mike asserts that the years he spent in the Swiss private banking were very traditional and not as innovative as he would like. He felt that Switzerland needed the wealthy third generation to utilize their finances to make a difference in the world and their time to achieve fulfillment by not just working but by working hard. He joined forces with two other like-minded individuals to found the Swiss Startup Factory. According to him, the word factory in the company name represents the brand’s intention to process and manufacture functional and profitable companies. He compares the company to other factories which use set processes to manufacture final products. Part of the critical services and inputs that the Swiss Startup Factory renders for young ICT startups with innovative ideas include coaching, mentoring, provision of office space, networking, and financing.
The Swiss businessman has played certain key roles in some of the big achievements that Swiss Startup Factory. In 2014, he represented the company in START Summiteer. The pitching contest was fashioned and hosted by the University of St. Gallen and Mike participated as a member of the contest’s jury. In 2016, the company partnered with CTI, and he was obliged to stand in as CTI’s deputy managing director. Afterward, he led the company through the accelerator program it had with Goldback Group.