Mike Baur is a business entrepreneur and is notably educated with the right kind of business experience promoting business startups. Children begin their lives as entrepreneurs with startup lemonade stands. Starting up a business has now become far more sophisticated than squeezing lemons, but the risks are still there for a startup may turn out to be a lemon.
Baur was awarded an MBA from the University of Rochester New York. He further pursued an Executive MBA from the University of Berne.
Mike Baur has spent 20 years in the private banking industry at Clariden Leu, a Swiss private bank, and he made a career advance to UBS (Union Bank of Switzerland), where he was schooled in commercial transactions and became an executive board member.
Mike Baur, at the age of 39, in 2014, leaped into the unknown and co-founded the Swiss Startup Factory AG, which is a corporation limited by share ownership. Baur was named the Executive Chairman, and he is also a co-founder and Director of the Swiss Startup Association. Baur’s critical function is fundraising and financing rounds which are to fund operations, expansion, or a capital project at the behest of the Swiss Startup Factory.
The Swiss Startup Factory is located in Zurich, and promotes a three-month long startup accelerator program, which involves coaching, mentoring, provides office space, and a network of entrepreneurs. A startup accelerator, is similar to a business incubator, and seeks to fund and support ventures that have shown promise and are up and running, but needs guidance, mentoring and funding. There are exceptions when a startup has a business idea that a visionary venture capitalist, such as the Swiss Startup Factory, wants to develop.
The Swiss Startup Factory, in particular, is seeking digital entrepreneurs. A digital entrepreneur uses the Internet to create commercial opportunities and disseminate information.
In 2016, Baur was named deputy managing director of CTI Invest when Swiss Startup Factory partnered with CTI. CTI will co-organize events with the Swiss Startup Factory and offer training for startups. CTI already launched a website with Podcasts and Videos of Swiss startups. In the same time period, through Baur’s guidance, the Swiss Startup Factory, through its accelerator program, partnered with Goldbach Group and with the Fintech Fusion.
According to the Swiss Startup Factory’s website, its Mission is “to take startups and turn them into global companies that disrupt the prevailing norms, products, and business models.”