Did you know that Switzerland is a leader in Fintech innovation, and provides excellent conditions for entrepreneurs to thrive? It is a world-renowned center for digitization of the financial sector. The desire to see startups succeed in the Swiss Fintech industry is what drove Mike Baur to start the Swiss Start-Up Factory.
Mike Baur was born in Switzerland and has 20 years’ experience in the Swiss banking sector. Baur holds a Masters in Business Administration from the University of Rochester in New York as well as an Executive MBA from the University of Bern. In 2014, Mike Baur left the banking industry to start the Swiss Start-Up Factory.
The Swiss Start-Up Factory (SSUF) focuses on running incubator and accelerator programs for IT startups in Zurich. It is an independent and privately financed company. Once the startup is selected for the program, SSUF identifies and rectifies all the issues that need to be addressed on to ensure success. On completion of the three-month program, startups can penetrate the global market successfully.
Mike Baur founded SSUF with the aim of supporting young entrepreneurs. This vision has attracted interest from several people and companies who share the same vision. Michael Hartweg recently sold his stake in Leonteq and joined SSUF as an investor and coach. Hartweg plans to select, evaluate and coach startups that have the potential to attract investors.
SSUF has also collaborated with Goldbach, a company that deals in Digital Marketing. The two companies ran a Digital Media Acceleration Program for five startups. These five startups completed the program recently, and have since penetrated the market successfully.
CTI Invest, a leading financial platform for Swiss startups, has not been left behind. As part of the collaboration, Jean-Pierre Vuilleumier joined SSUF from CTI. He is now a managing partner as well as a member of the core team. CTI has partnered with SSUF to run an event called the Swiss Startup Day. This event will take place on October 24 and 25, 2016. Startups will experience best practices workshops, panels, pitching battles and keynote speeches.
Mike Baur has made a name for himself in the Swiss startup industry. He supports several startups, both as a mentor and a financier. Baur also spends a lot of time with young entrepreneurs at various forums.
Mike Baur has a passion for the growth and development of local startups. He is behind the success of SSUF. He inspires young people to build successful businesses that can make thrive in the global market. By investing in the youth, Mike Baur has invested in the future of Switzerland.