Mike Baur is a shrewd businessman and entrepreneur with a business model that is designed to uplift his fellow entrepreneurs. He is the Co-founder and executive chair of Swiss Startup Factory. He is also an experienced banker with a deep knowledge of finance.
Here is a closer look at the man set on accelerating ICT business growth in Switzerland.
Education and Career Background
Mike Baur attended the University of Rochester New York and University of Berne where he received his MBA and Executive MBA respectively. His career started out in 1994 in the private banking industry. He started off as a commercial apprentice at UBS and worked his way up the ranks to become an executive board member of one of the largest Swiss banks.
Baur’s career as a private banker spans almost 20 years, and he has acquired great expertise in financing within that period. However, he retired from the profession in 2014 and ventured into entrepreneurship. He founded the Swiss Startup factory together with two of his friends.
Swiss Startup Factory
Swiss Startup Factory is the first privately financed and independent ICT startup accelerator in Switzerland. It helps ICT startup companies establish themselves in the country’s growing and competitive ICT market through several services.
For starters, Swiss Startup Factory provides financing to ICT startups during their early stages. As a banker and investor, Mike Baur enjoys a strong network of investors who are always ready to back a promising business.
The company also aids by providing resources such as office space which are necessary to get the business up and running. In particular, their model of co-working spaces is not only affordable but also convenient especially for ICT entrepreneurs. The close working spaces make it easier for entrepreneurs to exchange ideas and collaborate to accelerate their companies’ growth. The working places also feature amenities such as in-house film studios, lunch rooms, Wi-Fi, storage rooms, and conference rooms.
Swiss Startup Factory also provides coaching and mentoring services to ICT startups at their very first stages of development. Mike Baur and his partners are successful entrepreneurs who are more than qualified to advise young entrepreneurs. They also maintain strong networks with other entrepreneurs and business coaches with in-depth knowledge of the country’s and region’s ICT market.
Finally, the company also provides accounting and financial services including general services such as invoice management, bookkeeping, VAT reporting, financial statements, and cash flow reports. There are also customized packages designed to suit specific user preferences.