Mike Baur is a former banker and today’s CEO of the Swiss Startup Factory. This is a company he co-founded with his classmate Max Meister. Swiss Startup Factory is a company that deals with the training and support of young entrepreneurs. Unlike other companies, Mike Baur not only offers training through this company, but also offers financing. This means that the good ideas that come through the Swiss Startup Factor have the advantage of being sponsored to become a full-fledged company. Switzerland is a country that is a world leader in technical developments. This growth is supported by the number of startups growing in the country.
Mike Baur belongs to the business people who have recognized the potential of young entrepreneurs. If this potential is properly exploited and funded, there is a high likelihood that business ideas in them will be developed. Mike Baur is committed to this mission, and that’s why he has left a lucrative banking career to start this business. He is passionate about entrepreneurship and believes that there are great opportunities in the startup industry leading to better innovations. Startups can turn any community into a productive part of the economy.
Mike Baur has a long history in the banking sector. He is well educated and has two Masters in Business Administration, one from Rochester University and one from the University of Bern. After completing his training, he began an internship at the Swiss Bank Corporation (UBS). After his internship, he was offered a permanent position at the bank. Actually, the bank wanted to keep him for the rest of his banking career. They recognized the potential in him, and they wanted him to spend his entire career at the bank until retirement.
His entire career would not end at UBS. Although he had a great career with the bank and held various executive positions, including as a bank consultant, he decided to go in 2008. This was after nearly two decades with the banks. Later he moved to another bank in Zurich, known as Clariden Leu. He was appointed Senior Manager of the Zurich office. Mike Baur stayed in the bank for a few years. In 2014 he left the banking sector to start his investment. He is one of the best business executives in the country, now committed to helping young entrepreneurs implement their innovative business ideas. He is a mentor to many young people in the country today.