A leading entrepreneur and a start-up accelerator, Mike Baur has curved a name for in the digital industry. Mike Baur has a wealth of knowledge in finance having previously worked as a banker. This article will detail the impact Mike Baur, CEO and co-founder of Swiss Start-up Factory has had in the digital world.
The 42-year-old Swiss entrepreneur holds an MBA and an executive MBA from the Rochester University, New York and University of Berne respectively. Born in Fribourg, Mike began his career as banker staying true to his childhood dream. He worked as a banker for 20 years till 2014 when he quit. Teaming up with Max Meister and Oliver Walzer, Mike ventured into entrepreneurship with the Swiss Start-up Factory.
Mike Baur began as a commercial apprentice at UBS. He worked his way up from operations to executive board membership in the Swiss Private Banking sector. However, at the age of 39, Mike tendered his resignation and began his entrepreneurial journey as a private investor in promising digital start ups. This was guided by what he felt the lack of supportive structures to cultivate and turn these budding ideas into viable ventures.
Swiss Start-up Factory
The company targets specifically budding and talented Swiss digital start-ups. By incubating, the company offers opportunities to these companies through its wide network in Switzerland and globally, aided by CTI. Swiss Start-up Factory takes start ups through a thorough three month program. They are coached, offered office space and other services while establishing a network to guarantee the success of these start ups.
Mike doubles up as the CFO and CEO of the Swiss Start-up Factory. He handles the fundraising and financing part of the company. Under his leadership, the then young Swiss Start-up Factory sealed a lucrative deal with CTI in 2016. He was elevated to the position of Deputy Managing Director at CTI’s investment arm in January 2016. Through this, SSF was able to form the accelerator program in collaboration with Goldback Group with Fintech Solutions coming aboard in February 2016.
The program transformed SSF making it the biggest privately owned early stage ICT start-up accelerator. Presently, the CTI and Swiss Start-up Factory partnership financially support’s various start ups in Switzerland. Mike Baur also plays the role of a mentor to most of these start ups drawn from Swiss youth entrepreneurship.
Mike also formed part of the jury in a start-up pitching contest, START Summiteer, in St. Gallen in July 2016.