Swiss businessman and entrepreneur Mike Baur is focused on much more than his personal success. He is concerned about the future of the Swiss economy. Rather than simply wring his hands and lament, he has used his experience, connections and resources to create a company that helps young Swiss entrepreneurs get the support they need to develop successful businesses. The company Mike Baur co-founded is called Swiss Startup Factory. Although it was only started in 2014, it is already acknowledged as the number one privately financed new business incubator in Switzerland.
Mike Baur is something of a business prodigy. As a teenager he dreamed about a career in finance and banking. He focused his time and energy and quickly graduated from the both the University of Rochester New York and the University of Berne with MBAs by the time he was 19. He then accepted an entry level position in commercial banking with UBS. He eventually moved on to a more prestigious position with the Swiss banking giant Clariden Leu. By age 39, Mike Baur had 20 years experience in the banking industry and was on the board of a major Swiss financial institution.
In 2014, Mike Baur retired from banking and started his entrepreneurial journey. He founded a strategic advisory boutique firm called Think Reloaded. The company provided wealthy families and individuals with financial services. But Baur also had the desire to help other Swiss entrepreneurs make their dreams of building successful companies a reality. So, together with his friends Oliver Walzer and Max Meister he co-founded Swiss Startup Factory.
The new business incubator offers an intensive three month program for early stage startups. Swiss Startup Factory provides the businesses selected for the program with financing, training in a variety of essential business services, office space in Zurich, coaching and mentoring. Businesses that successfully complete the program are given access to a large international network of entrepreneurs and investors.
In order to help as many Swiss entrepreneurs as possible, Mike Baur also participated in the University of St. Gallen’s start-up pitching contest, START Summiteer, as a jury member. Baur also partnered with CTI Invest, the Goldback Group and Fintech Fusion to help create opportunities and support for young Swiss businesspeople. He is also an investor and board member in many Swiss digital start-ups. Today caring businessman Mike Baur is happily married and is the father of two beautiful children.