After earning his business degree at Bern University and the University of Rochester, Mike Baur began what became a very successful career in banking. Baur was very successful and rose to prominent positions, giving advice to wealthy Swiss investors. Although he could have remained in the comfortable and lucrative world of banking, Baur chose instead to follow his passion for helping entrepreneurs.
In 2014 Baur co-founded the Swiss Start Up Factory with the goal of helping the young owners of technology start-ups. In addition to providing funding to promising start-ups, SSUF provides mentoring, training and free rent to these new enterprises. The young entrepreneurs get a chance to network with each other, learn how to raise money and how to pitch their products globally. Baur has designed to program to help insure the long term success of the start-ups.
Unlike many other incubators, SSUF operates independently. This avoids any conflicts of interest that might otherwise arise. It also allows it to take action without outside interference. Although it remains independent, SSUF has formed strategic partnerships with a number of companies.
One of these companies, Think Reloaded, (also founded by Baur)provides advice to affluent clients. Affiliations with CTI and BV4 added to the total range of services Baur and SSUF could utilize to help start-ups succeed. In short, Baur put together a group of companies that could complement the mission of SSUF and provide a wide range of expertise and assistance.
Baur is incredibly passionate about helping entrepreneurs bring to fruition their innovative technology. In addition to his time, he and his co-founders invest substantial funds in SSUF and the enterprises it serves. He works hard and expects the young entrepreneurs he supports to work just as hard. His strategies have created a successful and profitable company for which Baur still does financing and fundraising.
Although Baur left a 20 year career to create his own “start-up”, he did much more. He enabled young entrepreneurs to bring cutting edge technology to the marketplace. His faith in these people and their start-ups has resulted in an added value to the economic well being of many.