Mike Baur is a businessman and entrepreneur. He spent 20 years in the banking industry before he began his entrepreneurial journey. Along with two partners, Baur is a co-founder of the Swiss Start-up Factory (SSUF). The purpose of the company is to find entrepreneurs in the digital field and provide opportunities to help them grow and thrive. Through their vast networking system throughout Switzerland, as well as the world, SSUF has the ability to open doors that may otherwise be difficult for start-ups to find.
Baur’s educational background prepared him well for the banking and financial industry, as well as the entrepreneurial world. He earned an MBA (Master of Business Administration) from the University of Rochester New York and an Executive MBA from the University of Bern. Baur is firm believer in education and it will always add insight into the world at large, as well as the business world.
Mr. Baur’s background in the banking and financial industry has given him unique insight into the speed bumps and pot holes a start-up may encounter. In addition to providing individual and group help to entrepreneurs, he is also a mentor to many he encounters in the program. Baur is also responsible for raising funds for the company, as well as the financing rounds at the Factory.
Baur is also responsible for selecting appropriate members to join the SSUF team. He looks for people who are passionate about what they do and are committed to the task at hand. Since it takes a great deal of enthusiasm to walk the entrepreneurial path, and enthusiasm often translates to success, he looks for team members who bring a high level of enthusiasm to what they do. Enthusiasm is a contagious commodity and even though the entrepreneurs are highly enthusiastic, it helps keep the level high.
Under Baur’s direction, the team at SSFU coach select start-ups through the product or service development stage and identify appropriate investor’s for the start-ups. Even though a start-up may have a lot of potential, it is important the appropriate investor be found to add an extra dimension to the business model and allow them to stay on the path to success.
Baur and his team designed a three month start-up accelerator program that provides office space, mentoring, coaching and business guidance and an entrepreneurial network to help start-up founders achieve their goals. SSUF has established a strong network of support right in the heart of Zurich, Switzerland and around the world.