Mike Baur is an entrepreneur and businessman, best known as one of the two founding partners of the Swiss Start Up Factory. He is a co-founder and the current Executive Chairman of the technology incubator that is gaining more and more world wide recognition.
Formerly a private banker in Switzerland, Mike left the private banking industry and set out on his entrepreneurial path at the ripe age of 39. With many years of experience in the finance sector, he put his talent and knowledge to good use by forming the Swiss Start Up Factory, alongside Max Meister.
The Swiss Start Up Factory
The SSUF is a technology startup incubator, providing budding entrepreneurs with a platform and a base of resources necessary to survive and thrive in 2017 and beyond. It is located in downtown Zurich, which is the largest city in Switzerland. In addition, it is fast becoming well known for its budding technology sector. It there is one thing that Switzerland is known for worldwide, it is the highly refined and creatively designed products in which it produces including knives, watches, and of course, chocolate.
The incubator lasts just three months long, but the effects can be last a lifetime. Together, the team at the SSUF provide newly formed companies with guidance, a space to work, a wide network of entrepreneurs, and financing. It was formed in 2014 with Mike Baur at the helm of the finance division. With twenty years of experience working in the private banking industry, he knows his way around numbers and how to best reach out to bankers like his former self to secure funding. He is responsible for raising money and getting the startups within the incubator the funding they need to build revolutionary products.
While start up founders are very well versed in their own fields, like programming and design, they often lack the business acumen to pitch investors. This is the point of incubators such as the SSUF; startup founders are able to focus on what they do best (creating new products), while the incubator helps to alleviate the growing pains by providing them with the necessary guidance to do so.
Mike Baur is tech’s man of the hour. He is working with young, bright, and driven entrepreneurs to help them turn their dreams into reality. Mike, we salute you. Keep up the good work.