Mike Baur is a Swiss born banking entrepreneur and businessman. He started his banking career at the tender age of only 16 as a Union Bank of Switzerland apprentice. He worked in banking for well over 20 years. In the 1990’s he worked primarily for UBS. In 2008, he made another job change when he moved to Clariden Leu in Zurich. In 2014, he transitioned to working with two partners, Max Meister and Oliver Walzer as financiers of high tech ventures. The Swiss Startup Factory was born.
The Swiss Startup Factory helps high tech entrepreneurs learn business. It teaches them how to solicit funding from investors for their ventures. It provides them with a foundation of like-minded peers to interact with as their business grows from infancy to maturity. For three months they are given rent-free spaces from which to operate their businesses. During that time they are taught how to market their product or service globally.
The company name employs the word ‘factory’ in the title because its benefactors believe factory employees are hard workers, just as the new high tech entrepreneurs have to be in order to achieve success. The Swiss Startup Factory (SSUF) is an incubator for new businesses. It is independently owned, therefore it doesn’t owe allegiance to anyone other than the ideals for success it promotes and the young entrepreneurs it sponsors.
Also in 2014, Mike Baur founded Think Reloaded, a management consulting firm that provides financial advice for affluent clients. Mike Baur keeps busy with the two companies, the Swiss Startup Factory and Think Reloaded. He added the duties of deputy managing director of CTI Invest to his list of responsibilities in the same year. Joining forces, CTI and SSUF to host an event called Swiss Startup Day, in which the participants pitch their product or service to a large group of potential investors.
SSUF chose to give entrepreneurs even more of an advantage when they partnered with BV4. BV4 is instrumental in startups gaining access to financing from investors. It estimates the value of intellectual property and new ideas and inventions so investors have a good idea how much money to commit to their ventures.
Mike Baur has created a prime environment for high tech entrepreneurs to gain their initial footing and to flourish into substantial global businesses. Through the creation of the Swiss Startup Factory and then the addition of its partners, Think Reloaded, CTI Invest and BV4, high tech entrepreneurs can grow with far fewer setbacks than ever before. They had the most common obstacle removed, the lack of capital and they have access to the information that was only learned after failures in business. These entrepreneurs benefit from a lot of advantages, simply because of Mike Baur’s foresight and generosity.