With recent technological innovations and the rapid development of start-ups into fortune 500 companies, more people are beginning to see the importance of having an accelerator. Accelerators play a crucial role in identifying a business with a huge potential and providing all the necessary tools and resources needed to grow that business.
One such accelerator in Swiss Startup Factory located in the heart of Zurich. The company was co-founded by Mike Baur and has managed to attract many startup companies. Mike Baur worked in Swiss banking for over twenty years, but he quit and started to invest in startup businesses. In 2014, he partnered with Oliver Walzer and Max Meister to form Swiss Startup Factory. Mike Baur was influential when Swiss Startup Factory was undergoing its accelerator program which was facilitated in 2016 by Goldback Group.
Mike Baur is responsible for raising funds and financing all the prospects in the accelerator program. Through his experience in banking and financial world, he has managed to attract a good number of investors who channel funding to the company. The money is then used to help the companies undergoing its accelerator program grow.
Mike holds a Bachelor of Applied Science in Finance and Banking from the University of Applied Sciences in Bern. He also has an M.B.A from the University of Rochester and an Executive M.B.A from the University of Bern. His background studies in finance and banking allowed him to work in several financial institutions such as UBS Wealth Management, Cladiren Leu, and Sallfort Privatbank AG.
Ever since he left the banking industry and decided to work with startups, Mike has been able to take up leadership positions on several companies on the same mission. He has worked as the Vice President of Innovation Lab Fribourg, an organization that supports and empowers students in different fields of study. He is also the co-founder of Swiss Startup Association, which is an organization that speaks for startup businesses. He is also the Deputy Managing Director of Swiss Startup Invest, a company that lends a financial platform for startup businesses.
Other than running his company, he also occasionally does public speaking and giving out tips on how to start and manage a startup business.