Mike Baur is the co-founder of the Swiss Startup Factory (SSUF), a Swiss firm that aids young talented IT startups. Initially, Mr. Baur worked in the banking industry for companies like UBS and Clariden Leu where he worked his way up to executive positions until 2014. Mike’s involvement in the banking sector has assisted in spearheading his entrepreneurial career as it equipped him with the relevant knowledge and network of individuals who have played a significant role in the growth of SSUF. The Swiss Startup Factory is the first-ever privately financed Startup accelerator in Switzerland; but, has several networking links in other parts of the world.
Through the SSUF, Mike Baur and his two other founding partners have assisted several entrepreneurs to kick-start their business ideas into profitable business ventures by aiding them in the much-needed support that many innovators often lack. SSFU features a 90-day incubation program where young innovators are mentored, coached, and networked to bring their ideas to life. Mike Baur heads the Acceleration Program at SSUF where his main responsibility includes outsourcing finances from several private investors.
Mr. Baur has sponsored many innovators in establishing their businesses by linking them with important funding partners that also advise them on being successful entrepreneurs. Currently, SSUF collaborates with CTI and Mike was chosen to be the Deputy Managing Director of CTI Investments. Moreover, the Swiss Startup Factory also has a partnership with Goldbach Group.
During the 90-day acceleration program, the innovators are subjected to a structured syllabus and schedule that offers them with practical and hands-on experience that aid in the creation and development of digital products and services. Once the 90 days are over, SSUF continues to offer the innovator a five-month accelerator support to observe their growth.
Additionally, Mike was appointed to be among the judges of the START Summiteer, a healthy competition for young entrepreneurs, held at the University of St Gallen. Recently, SSUF partnered with the Young Entrepreneurs Club at the University of St Gallen in its mission to support young innovators. The partnership is meant to focus on the YEC Incubator, a significant program that offers students the opportunity to prune their entrepreneurial abilities. Also, it offers students a platform to present their prototype and business ideas to the world’s renowned angels and investors. Furthermore, the SSUF Acceleration Program will also support the Cofoundme Program, a shared venture if the UEC and the ETH Entrepreneur Club.