Growing up in Fribourg, Switzerland, young Mike Baur knew he was on a path to success. Mike had an interest in money and banking even when in high school. It wasn’t an easy journey, as Mike started at the bottom, at age 19, and spent the next 20 years in the Swiss banking sector. His impressive career track took him to banks and institutions such as UBS Wealth Management, Clariden Leu, and Sallfort.
Mike holds two Master of Business Administration degrees. One is from the University of Rochester and an executive MBA from the University of Bern. After 20 years in the financial and banking sector, Mike set out on a new path. In 2014, he and two other colleagues would pool their talents and establish the Swiss Start Up Factory.
The idea behind the Swiss Start Up Factory was to offer guidance and wisdom to up and coming digital visionaries and innovators. The privately held and financed organization is the first-ever “start-up” visionary of its kind in Switzerland.
Young technically gifted entrepreneurs enroll into the Start Up Factory’s curriculum for 90 days of intense mentoring. The Swiss Start Up Factory vision statement is “Where Vision Meets Execution.”
Its mission is to engage and invigorate start-up models. They transform these emerging firms in global organizations that rise to the challenge, refusing to accept norms and standards. The ideology is to bring about new products, services, and beliefs, that go beyond the boundaries of the global marketplace.
Mike Baur is a “hands-on” individual, getting involved with aspiring entrepreneurs. He offers personal life experience, coaching and financial structuring to the upstart firms. His experience in the financial and banking sectors allows him to structure the best financing, without imposing a monetary burden, that may hamper traditional start-ups.
The 90-day accelerator program aims at providing instruction in the financial and entrepreneurial sectors, as well as investor network and office space. It fosters creative thinking to confront the issues the global marketplace holds for them. To better understand and negotiate with worldwide investors, students learn the Lean Canvas methodology.
Entrepreneurial graduates of The Start Up Factory are educated and prepared for what awaits them. It’s a win-win situation for them, investors, and society.