Mike Baur is an ambitious businessman and entrepreneur. He took the interest of his youth, banking and finance, and parlayed it into a career pursuit. With an MBA (Masters of Business Administration) from the University of New York Rochester and an MBA from the University of Bern, he began a career in the private banking industry starting out as an apprentice and working his way up to executive board member of a large Swiss bank. Along the way he accrued a variety of banking and financial experience that he was able to apply to his interest as an entrepreneur.
At the age of 39, Mike Baur decided to test his entrepreneurial wings and with two partners founded The Swiss Start-Up Factory. The Factory is an accelerator program that supports start-ups and entrepreneurs in the digital technology industry. The Factory is funded privately and has grown into the number one start-up accelerator in Switzerland.
Baur is also a great supporter of Swiss youth entrepreneur programs and is a mentor to participants as well as offering financial support. New companies are an important part of the business world as well as the economy. Entrepreneurs bring new services and products, as well as creating employment opportunities. Supporting the entrepreneurial effort is an important aspect of their success.
Baur supports the entrepreneurial effort and through the Factory provides opportunities through a strong network based in Switzerland and the world. The Factory provides entrepreneurs and their start-ups a three month program and a unique platform of services. The Factory provides mentoring, coaching and office space to participants in Zurich, Switzerland. Participants find a support system for their ambitious goals and an environment in which they can flourish.
The team at the Factory will identify the start-ups with potential while coaching them and pairing them with investors. The investing pool will include an investing professional, Michael Hartweg, who was attracted to the unique program offered by Baur and the Factory team. Hartweg will evaluate start-ups and invest in those entities that meet his criteria. He will also offer coaching, advice and mentoring in an effort to help start-ups succeed.
The Factory, under Baur’s leadership has proven to be successful. Participants in the three month program have been given a boost with the help they have received. Baur has helped start-ups avoid the potholes and negotiate the speed bumps a new entity often encounters. The entrepreneurs have learned to develop strategies that have been helpful to achieve their goals.