Mike Baur is a Swiss businessman and entrepreneur. He co-founded the Swiss Startup Factory where he also serves as the Executive Chairman. Mike Baur has worked in the Swiss banking industry for twenty years. He has served in UBS and Clariden Leu which are two popular Swiss banks. Later, he decided to end his banking career and began investing in businesses like startups. With the help of two like-minded people Max Meister and Oliver Walzer, Baur co-founded Swiss Startup Factory in 2014. At the University of St Gallen, a startup contest was held where Baur was invited as a jury member of START Summiteer. In January 2016, CTI and Swiss Startup Factory decided to join hands. Mike Baur was named CTI Invest’s Deputy Managing Director. In 2016, Swiss Startup Factory also partnered with Fintech Fusion and Goldbach Group. Besides an amazing businessman, Baur was also an excellent student. He attended University of Applied Sciences in Bern where he acquired a bachelor’s degree in banking and finance. Later, he attended the University of Rochester to acquire an MBA degree. From Universität Bern, he acquired an EMBA degree in 2008.
The responsibilities of Mike Baur at Swiss Startup Factory includes fundraising rounds and financing. The company is working on its ambition which is to introduce new global companies that introduce new products, and business models. The Three-month program is the main business of Swiss Startup Factory. It involves providing mentoring, access to a large network of investors, services, office space, coaching, and initial financing. There are five categories of the services which Swiss Startup Factory is providing. They include Pre-Accelerator, Growth Accelerator, Wenger & Vielli Accelerator, Digital Business Strategy, and Impressum.
There are various services included in the Pre-Accelerator like product development, IT/accounting/marketing support, market research team, coaching, international startup ecosystems access, and personality taught pitch training. The services included in Growth Accelerator are fundraising, satellite location, branding, PR, administration, law & taxes, consulting, accounting support, IT support, and networking. On every second Monday, Wenger & Vieli Law Accelerator offers free legal service. Most new entrepreneurs usually have no knowledge about it. It consists of a twenty-minute-session where Wenger & Vieli lawyer answers all questions. In the current era, the digital business strategy is vital for survival. Almost seventy percent of Swiss companies now believe that growth is dependent on digitalization. Transformation in business processes, products, and services is due to increasing digital world. Successful digital business models are based on digital transformational processes which Swiss Startup Factory provides to entrepreneurs.