Mike Baur is one of the most respected Swiss entrepreneur and businessman. He is known for his role at the Swiss Startup Factory. He is a co-founding partner and is in charge of raising funds to cater for all the rounds of the startup factory. Therefore, he manages fundraising and all other means of getting cash inflow to support their activities.
Prior to co-founding the Swiss Startup Factory, Mike Baur had over 2 decades of experience in the banking industry. During this time, he had the privilege of working with mogul companies including Clariden Leu and UBS. When he finally decided to quit employment, he decided that he would best invest his money in helping other people. So he started investing in startup companies. He understood the struggles that startups go through when trying to access financing. He wanted to create an impact and change the story of such entrepreneurs. This led him to investing his money to co-founding the Swiss Startup Factory where he is a managing partner. In the year 2016, Wall Street Journal featured him, detailing how he had successfully transitioned from working in the banking industry to investing in startups.
About Swiss Startup Factory
It was founded in the year 2014 with the aim of helping entrepreneurs who are passionate about technology and have bright ideas that could be commercialized. It gives entrepreneurs the opportunity to find an investor who might be interested in financing your idea. The company operates through a wide network of entrepreneurs that it has established in Switzerland and beyond.
The company hold three-month accelerator programs for those who apply and are successfully admitted. Those who get into the program are provided with an office in Zurich. They are then coached and mentored by the company so that their ideas can become global corporations. Other than that, they provide the candidates with financial and marketing services to make market penetration easier for them. On completion of the program, those that have proven themselves are connected with investors. In this way, they get a shot at becoming successful. So far the company has held three round-ups and are bound to hold even more in the future.