Mike Baur started Swiss Startup Factory with his partners Max Meister and Oliver Walze in December 2014 to address the major complications faced by business entrepreneurs. He attributes the origin of the idea to motivation from his mentor Jean Claude Biver. Mike commented that their primal need to start Swiss Startup was to have a platform that fully funded by a private firm ,deferring from most accelerators which are under the government’s sponsorship.
Swiss Startup is greatly supported by enterprises that have a strong inclination towards financial tech firms. Other partners include Red Bull Media House, AMAG, and Helvetia. The organization majorly works with startup tech entrepreneurs looking for a boost into the international platform.
Mike Baur is a Freiburg native whose entrepreneurial spirit is an attribute he’s held since a tender age. Mike started his career in the finance arena and grew to become an expert before branching out independently to start Swiss. He became a managing partner at UBS in Zurich in 2000 and rose to become a chief executive officer after eight years. He received additional roles to privately draft the visionary plan for the firm that would set on a higher level among competitors.
Mike Baur is not slow to adapt to change when the previous path ceases to yield results. He left the banking industry when it proved to stop generating the necessary satisfaction. He persuaded some of his colleagues to join him in setting up a revolutionary organization whose benefits would override those of the bank. He commented that his growth is not limited to a particular industry or company and advises professionals to keep an observant eye on banking trends and make affirmative decisions to grow even when they may offset the pre-existing system.
Swiss Startup Factory offers a three month program entailing a mentorship, networking opportunity and office spaces that set the perfect environment for entrepreneurs to grow. Mike’s vision played a key role in affording Swiss Startup the 2016 Goldback Group and Fintech Fusion partnerships. Mike Baur gained an appointment as CTI Investment’s deputy managing director, adding to Swiss’ growth rate. Swiss Startup works in unison with Fintech to affect their mission in French, Germany and Switzerland with equal measure. Mike commented that the marriage is the core of the firm’s international growth, explaining that it helps to plan the use of resources and skillsets despite the difference in culture and language in the regions.