After 20 years in the banking industry, Swiss-based entrepreneur Mike Baur has embarked on a new journey to invest in startup companies.
With headquarters in Zurich, Switzerland Baur co-founded the Swiss Startup Factory (SSUF) along with his partners Max Meister and Oliver Walzer in 2014.
As part of his role with SSUF, Baur is in charge of fundraising efforts and financing projects.
Through SSUF’s startup acceleration program, coaching, mentoring, office space, investor networks and additional services are made available.
SSUF additionally provides co-working spaces which feature accounting, financial advice such as bookkeeping services and payment management.
According to Baur, the SSUF works very closely with the founders of the startups and their strong emotions to bring them from design to market in three months.
Baur, who is also passionate about time and resources with the entrepreneurs, commented that to be a successful company there is a need to go from innovation to execution. He also stated having faith in what you are doing and having a reliable team are vital to the success of a start up.
Baur, who supports various Swiss startups both financially and as a mentor, said his commitment is to share his know-how about the appeal of startup initiatives as well as developing new digital companies.
Last year in an effort to strengthen the relationship between SSUF and CTI Invest, Baur was appointed as the deputy managing director of CTI Invest. CTI Invest will take care of the pre-selection and coaching of SSUF’s accelerator program.
Baur, who works with Swiss youth entrepreneurs, is an active digital board member in several Swiss companies. He is also a key note speaker at universities and a co-founder and director of the Swiss Startup Association.
In addition, he contributed as an associate judge at the University of St. Gallen’s startup pitching challenge, START Summiteer.
Baur, who grew up in Fribourg, Western Switzerland, received a MBA from the University of Rochester, New York and an Executive MBA from the University of Berne.
Baur’s 20 years in the banking industry took in UBS Wealth Management, Clariden Leu and Sallfort Privatbank AG. He also founded Think Reloaded Ag as managing partner.