Mike Baur is undoubtedly one of the most successful Swiss business and entrepreneur of all times. He comes from Fribourg region. Baur’s entrepreneurial journey began in 2014 after he quit his job at the Swiss Private Bank. He, together with the help of Max Mister and Oliver Walzer founded the Swiss Startup Factory. This company would, later on, become the leading independent and privately funded ICT Startup Accelerator.
Essentials Concerning Swiss Startup Factory
Initially, this company was founded as an accelerator firm in Zurich but later on, it changed. The Swiss Startup Factory sole aim is to look for digital entrepreneurs and help thrive in their business. This help comes in form of exciting opportunities offered to these modern-day entrepreneurs, thanks to the strong ties of the company. To design firms on a global footing and disrupt pro and business models that are dominating the market today. It achieves this by running a three-month accelerator program for startups whose sole purpose is to offer platforms for financing, coaching, mentoring and expansion of entrepreneurial networks.
His Role in the Swiss Startup Factory
When Baur retired from vibrant banking, it was clear that he took his valuable knowledge with him and brought it to the Swiss Startup Factory. It is through these skills that he has been able to manage and distribute all resources accordingly. He has also been able to draw up financial plans for startups thus helping them prepare well.
His leadership skills have also come in handy in the running of this company, as he has been able to initiate enduring relations with investors. A good example would be when he helped the Swiss company merge forces with the CTI Invest group. This is a company that offers financial aid to new startups and innovators.
He offers young entrepreneurs the chance to join a pool of highly skilled and experienced professionals. These professionals offer the young entrepreneurs mentorship programs and tools that are used to test their ideas. Mike has also joined forces with universities all over the country in a bid to get both resources and motivation needed for startups.
Mike has a post accelerator support program, which has proven to be quite helpful. The program involves a three-month incubation period, and once this time is done, the startups are released into the market. The advantage of releasing these startups into the market is to enable them to implement all that they learned during the incubation process.