Mike Baur is an American Based entrepreneur. He is the co-founder of Swiss Startup Factory AG. He has over 20 years of experience in the banking industry. In the organization, he is tasked with fundraising and financing the operations. He started his career as a commercial apprentice at UBS. Baur worked his way up through several managerial positions to become an executive board member of a Swiss-based private bank. In 2014, he left the banking sector to start his business. Together with other two partners, they began Swiss Startup Factory. It is the Largest privately financed ICT Startup accelerator in Switzerland. Through this company, Mike Baur invests time and resources to several Swiss youth entrepreneurship programs. Additionally, he supports startups both financially and as their mentor.
Before venturing into Swiss Startup Factory, Baur participated as a jury at a startup pitching contest organized by the University of St Gallen. In January 2016, after Swiss Startup Factory partnered with CTI, he got named as the deputy managing director of CTI Invest. In early 2016, he led the company through its accelerator program with Goldbach Group. Additionally, Baur contributed profoundly to the partnership between Swiss Startup Factory and Fintech Fusion. In December, Mike Baur early career in Swiss banking and his diversion to entrepreneurship and startups was profiled by Wall Street Journal. Mike holds an MBA from University of Rochester New York and an Executive MBA from the University of Berne.
Swiss Startup Factory prides itself with the means to turn ideas into full grown institutions generating income. Through their 360 degrees service platform, the company offers individual services that see ideas off the ground. The organization uses a comprehensive accelerator program that brings a startup and their products to the market. Depending on the kind of startup, the institution offers a package that ensures growth. Additionally, Mike Baur ensures that these startup companies receive the best services by providing one to one mentorship programs.
Through the pre-accelerator program, the institution helps ambitious and talented individuals grow their ideas. The accelerator stage is a three-month program after the incubation period that helps people create solutions to problems. Finally, the growth stage package gets offered to mature startups already in the market. Additionally, Mike Baur ensures that these startups receive facilities that otherwise, are still way off their reach. The startups get co-working spaces and legal advice to guide them during market penetration and shield them from potential lawsuits for free. Additionally, they are provided with accounting services to help them manage their account books.