Mike Baur is currently an authority in entrepreneurship across Switzerland due to the contribution he has offered towards nurturing young entrepreneurs in the country. He is the brain behind the establishment of the Swiss Startup Factory, a successful incubation hub that takes talented entrepreneurs through six months incubation. He has partnered with mentors and investors who have been offering support to startups to help them build their businesses. Before he launched the Swiss Startup Factory in 2014, Mike Baur came from a thriving career in banking, where he had worked for more than 20 years.
A preview into his history shows that Mike Baur spent his childhood in Fribourg. As a young boy, Mike always admired the life of bankers and was inspired to become a banker someday. He kept reading and looking for materials highlighting banking as a career to understand how he could become a successful banker. When he joined campus, he pursued business courses that would position him as a prime candidate for a banking career. He completed the course in 1991 and immediately embarked on a mission to look for his first job.
He was lucky to be spotted by the Union Bank of Switzerland, which offered him a chance to serve as an apprentice. His commitment and talent came out clear within a short duration and the bank finally hired him. This working relationship would last for more than 15 years. During the time he worked at UBS, he served at different positions and was also appointed among key advisers of the bank.
In 2008, after working with UBS for more than 15 years, Mike left to look for other opportunities. He had a strong profile so when he ventured into searching for a new employer he was picked by Clariden Leu, and the bank gave him a top-ranking position. At Clarident he shared his skills and helped the bank advance its policies for growth. Six years after he joined Clariden Leu, Mike Baur waved goodbye to the banking industry. He decided it was time he became an entrepreneur.
His journey in entrepreneurship started in 2014 when he founded the Swiss Startup Factory. This is a facility that incubates talented startups by offering them access to a pool of resources and mentors who guide them on the best ways to approach the business world. There are also investors who offer financial support to startups that require a boost.