Mike Baur is the executive chairman and co-founder of the Swiss Startup Factory. In addition to this, he is also an entrepreneur and businessman. The Swiss entrepreneur had a long and illustrious career in banking before he quit and started investing in other people’s ideas. Mike Baur’s banking career had a life span of more than 20 years. Some of the institutions that he worked for include renowned banks such as Clariden and UBS.
The Swiss Startup Factory deals with providing young, ambitious and talented Switzerland professionals with the opportunity of running a business driven venture through their platform. Mike Baur teamed up with Oliver Walzer and Max Meister in 2014 to form the startup factory. The Swiss Startup Factory provides some essential services to enable these startups to be successful. Some of these services include an accelerator program which ideally runs for three months.
The startups are also given an office space where they can work from. This space includes an office space and conference rooms, in-house film studio, lunch room, storage space, welcome area, Nespresso bar, and many more features. The office space also has free Wi-Fi facilities. Other services that they are provided with include mentoring, access to a large investor and entrepreneur network and coaching. Perhaps the most service that the startups are provided with is the financial backing they receive. The financial services include financial and accounting advice.
This includes payroll management, financial statements, invoice management, tax and VAT reporting, financial health reviews and progress, cash flow reports and bookkeeping among others.Some of the accomplishments that Mike Baur has had while working with the Swiss Startup Factory include the following. The Swiss businessman became CTI’s deputy managing director when his company teamed up with it in early 2016.
The startup investment firm had the opportunity of participating in the Goldback Group’s accelerator program, and Mike Baur was the one who was leading the venture early last year. The entrepreneur also led the Swiss Startup Factory’s collaboration with Fintech Fusion. Late last year Mike Baur’s illustrious career was covered by the Wall Street Journal. The renowned publication covered his work career from his days in Swiss banking, entrepreneurship and the Swiss Startup Factory.
About Mike Baur;
Mike Baur comes from the Fribourg area of Switzerland. He was always very interested and passionate about the Banking and Finance world. Thus when he completed school he decided to follow his ambitions. He started as a commercial apprentice and eventually ended up as a member of a prestigious Swiss Bank board. Mike Baur studied at the University of Rochester in New York and graduated with an MBA. He also went to the University of Bern for an Executive MBA.