Mike is one of the prominent names in the Swiss startup circles. This is because he is the executive chairperson and co-founder of the top startup accelerator in the country, the Swiss Startup Factory (SSUF). Although he has made a name for himself in the startup industry, Baur embarked on his career in the banking field where he spent nearly two decades of his life.
During his early days in the banking sector, Baur managed to climb the career ladder from a commercial apprentice working at UBS to become an executive board member of a prominent Swiss private bank, Clariden Leu. After some time, Baur quit his banking job and united with Oliver Walzer and Max Meister to form what is currently known as Swiss Startup Factory in 2014. This marked the start of his entrepreneurial journey.
Baur spends most of his time mentoring young digital entrepreneurs through the Swiss Startup Factory’s accelerator program. He also spends some time supporting the youth by devoting his time and financial resources towards youth entrepreneurship. Aside from being the executive chairman of SSUF, he was appointed to serve as the deputy managing director of CTI Invest after both firms ventured into a partnership.
Mike Baur has played a significant role in steering SSUF to its current position. He led the company through the accelerator program it had with the Goldbach Group in 2016. His leadership was also instrumental in the successful partnership between SSUF and FinTech Fusion.
Swiss Startup Factory
The Swiss Startup Factory or otherwise known as SSUF is a Zurich, Switzerland-based startup accelerator. Since its inception back in 2014, the company has become a leading autonomously and privately funded early stage ICT startup accelerator in Swiss. After identifying promising digital entrepreneurs, the Swiss Startup Factory then ensures that it provides them with exciting opportunities from the first day in a bid to propel them to successful heights. As a matter of fact, the company’s primary objective is to create worldwide companies that can disrupt the existing products, business models and norms.
Thriving digital entrepreneurs are taken through a three-month long accelerator program. During this duration, SSUF avails a platform for mentoring, coaching, services, entrepreneurial network and office space. The accelerator program also involves testing the selected startups to gauge their capability not only to create a selling idea but also to pitch it to prospective investors. Last year, the Swiss Startup Factory led by Mike Baur joined forces with the Swiss Startup Invest, formerly known as CTI Invest, to promote the Swiss Startup Ecosystem. The partnership will see both companies take part in co-organizing events like the Swiss Startup Day, launching a website and providing training for startups.