Mike Baur’s Transition From Swiss Banking to Helping Tech Startups

Mike Baur is an entrepreneur who hails from hails from Freiburg, Switzerland.Mike has led a rather inspiring and impressive life, and at the tender age of 16, he began his career in the banking sector. In 1991, Mr. Baur became an apprentice at UBS(Union Bank of Switzerland). Baur kept working with Union Bank of Switzerland and got a promotion as an executive board member before hitting 30 years old. Baur obtained his business degrees from Bern University and the University of Rochester.

 

Despite being successful at UBS, Baur quit working for the company in 2008. Soon after, he got another employment opportunity at Clariden Leu bank, Zurich office where he held a post for almost six years. However, there was a post-recession in the banking environment which made the industry to be less interesting to Mike and in 2014, he opted to go elsewhere. Baur yearned to shift his focus towards helping technology entrepreneurs. In order to achieve this goal, he co-founded Swiss Startup Factory with the assistance of his two partners namely Max Meister and Oliver Walzer.

 

Swiss Startup Factory serves as a leading privately financed ICT Startup Accelerator company that provides the opportunity for tech entrepreneurs to network with each other as well as learn how to obtain funding from potential investors. With the assistance of the incubator program, Mike Baur helps Swiss entrepreneurs by giving training and mentorship. This incubator program also grants funding to startups that are quite promising. In fact, each new startup receives at least three months of assistance and is tutored on how to take their product or service global.

 

About Swiss Startup Factory

 

In 2014, the Swiss Startup Factory (SSUF) was established to offer a three-month program that provides early-stage startups with mentoring, coaching, office space, servicing, financing and access to a large investor and entrepreneurial network. SSUF differs from most incubators because it is private and independent, i.e., it does not operate as part of another political organization. The co-founders of the company also invest substantial funds in SSUF which gives them a major incentive to ensure the success of all individuals involved in the organization.

 

In July 2016, SSUF allied with BV4, a company that estimates the values of inventions, ideas, and assorted intellectual property. According to the Swiss Startup Factory’s website, intellectual property ranks highest among the greatest assets of startups.

 

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