Mike Baur loves banking and finance. This passion started during his early days when he was a teenager. It was not a surprise that he chose to pursue his passion and make a successful career out of it. Mike spent more than twenty years in the private banking industry in Switzerland. He happens to be an Executive Board member in one large Swiss Private Bank.
Mr. Baur began his entrepreneurship journey in 2014 when he co-founded Swiss Startup Factory with his business partners. The corporation is privately owned and independently financed. It acts as an accelerator program that looks for digital entrepreneurs who happen to be passionate about those who invest in their businesses. The company then offers these entrepreneurs exciting opportunities to look for prospective sponsors for their ideas. The organization has managed to create a great network of investors who come from different parts of the globe.
According to Mike Baur, the CEO, the company runs an accelerator program for startups and new ideas in the country for three months. The program is non-biased and seeks to mentor and educate young business leaders towards the growth of their organizations. Opportunities for an office space, coaching, mentoring and services are offered in Zurich through this program.
During these three months, the chosen startups are taken through certain set paces and tested to make sure that they are able to create a selling idea. The idea must be very lucrative to attract the attention of potential investors. This program suits young and ambitious young people whose dream is to set the world on fire with their incredible innovations and ideas. It also gives them the opportunity to work with fellow innovators and experts in a joint environment.
The young companies that specialize in digital technologies are also given a chance to go through the structured accelerator program. This assists them to come up with the much-needed thriving, innovative power that can help them to compete and emerge successful on the global market.
Most of Mike’s free time is spent on investing in entrepreneurship events in different startups and the Swiss youth support. He provides financial assistance and coaching to the promising startups. He is also a financial mentor and in charge of the fundraising and financing at the Swiss Startup Factory. Mike holds an MBA from Rochester University and an executive MBA from the University of Bern.