At a time when many people are hoarding their resources, entrepreneur, businessman and financial specialist Mike Baur and his team at Swiss Start-Up Factory are using their skills and resources to help new entrepreneurs to succeed. Baur attended the University of Rochester New and earned MBA. He also has attended University of Berne and graduated with an Executive MBA. He then spent 20 years working his way up in the Swiss private banking industry from a UBS commercial apprentice to becoming an executive board member for one of Switzerland’s largest private bank. In 2014 Baur and his two partners started the Swiss Start-Up Factory.
SSF is currently Switzerland’s number one privately funded, independent early stage startup accelerator. Baur spends a great deal of time sharing his valuable insight and expertise on entrepreneurship with youths committed to starting their own businesses. Baur is also the Swiss Startup Association director and co-founder. This gives him the opportunity to help other new business incubators.
The Swiss Start-Up Factory program is comprehensive and very effective. Entrepreneurs selected to participate go through a 3 month training and preparation program. They are taught all the essentials necessary for starting, developing and growing a business. They are trained in accounting, sales, marketing, budgeting, product management, legal services and much more. The participating companies are given all the tools they need including information on financing options, access to trainers, coaches and mentors and an office in the heart of Zurich. They are also introduced to an international network of entrepreneurs offering potential business opportunities.
Mike Baur understands the importance of new technology based businesses to the Swiss economy. He also knows it is essential young people become involved in creating and running companies to provide the products and services their countrymen and others need. Baur knows how much of a difference getting the right support at the earliest stage of business building can help lead to success. That kind of support enabled Baur to have a successful banking career and retire at 39.
Each year Mike Baur and his team works with two groups of new entrepreneurs to help them complete the three performance milestones necessary to graduate. Attaining those milestones increases their chances of developing and running profitable businesses that can endure.