Mike Baur is a Swiss entrepreneur and investor who focus on startup businesses. After working in the banking industry for over 20 years, Mike resigned from his job and began investing in startup companies. Before leaving the banking industry, the entrepreneur had worked for major Swiss based banks such as UBS and Clariden Leu. After investing in startups for a while, Mike partnered with Max Meister and Oliver Walzer, and they founded Swiss Startup Factory in 2014. Baur was chosen to be one of the juries at the START Summiteer, a contest organized at the University of St. Gallen.
Mike Baur’s Accomplishments
Early 2016, his firm formed a joint venture with CTI Invest, and Mike was announced the latter’s deputy MD. At the same time, Mike was responsible for leading his firm through accelerator program with another company Goldback Group. In February 2016, the entrepreneur led Swiss Startup Factory in a partnership agreement with Fintech Fusion. Late last year, Wall Street Journal wrote a profile about Mike Baur’s professional career from the banking industry to entrepreneurship and later to investment in startup companies. As an entrepreneur and investor, Mike has played critical role of helping many startups achieve their goals through accelerator programs provided by his firm.
Overview of Swiss Startup Factory
Swiss Startup Factory was established in 2014 to help entrepreneurs find exciting opportunities to expand and grow their businesses. The Zurich based accelerator enjoys a wide network of clients from Switzerland and all over the world. The company provides unique services including mentoring, training as well as creating a favorable entrepreneurial environment. The firm’s accelerator program takes three months and it provides startups with excellent financing options and broader investor network.
In 2016, the Swiss based accelerator received over 1,500 startup application, and the accelerator programs were facilitated by expertise from over 50 mentors. The founders of Swiss Startup Factory launched ten startup entities, in addition to forming partnership with companies. This strategy implied that the firm has positioned itself ready for the next development stage. As part of its strategic plan, the company hired Stan Wawrinka, a high profile individual to be a member of the Advisory Board. One of the co-founder of Swiss Startup, Max Meister was delighted to have a mentor like Wawrinka being part of the executive team at the firm. This is a major milestone Mike and his firm have achieved in a period just over two years since launching.