Mike Baur: Remodeling Swiss Startup Philosophy and Model
Mike Baur, the co-founder of Swiss Startup Factory and the current director of Swiss Startup Association, is committed incubating the Swiss startup industry. Through the company and the association, which he co-founded, he hopes to remodeled and challenge the conventional model that has been used in the sector not only in Switzerland but also globally. Towards this end, the company has dedicated significant towards overcoming some of the major challenges faced by startups: finances to run their operations, an office space to work in, networking to reach the targeted market and mentorship or coaching. These challenges usually arise from the conventional model of startup management where they are not supported despite serving as important conveyor belts for technological developments and innovative various innovative ideas across various spheres of life.
Under the leadership of Mike Baur and the company’s co-founders, Swiss Startup Factory offers the young enthusiasts financial support, which they can use to support their various activities. Additionally, they are mentored and coached to equip them important business management skills and knowledge. The new model and philosophy of startup management also includes an office space to operate in and networking platform where they can meet professionals and entrepreneurs in various fields and industries and other startup enthusiasts. This is a three-month support program offered to the candidates the company picks through various platforms. Mike Baur plays an integral role in the selection of these startups as he is the judge in some of the startup contests the company organizes across learning institutions to select the candidates.
Mike Baur’s Career and Education Profile
Before taking up startup development acceleration and incubation, Mike Baur had a successful career spanning over two decades in the banking sector in Switzerland. His career in the Swiss banking sector began with a junior banker position. He built on his early experience to grow his professional profile in the industry. Before leaving the industry in 2014 to co-found Swiss Startup Factory, he had risen through ranks in the corporate world to become an established banker. During his career, he worked for multinational banks with global outlook. After playing a significant role in the founding of Swiss Startup Association, Mike Baur was appointed as the association’s director while he is actively engaged in the management of Swiss Startup Factory. He is an alumnus of University of Rochester where he graduated with a Master of Business Administration degree. He also holds an Executive Master of Business Administration degree from University of Berne.