Not every businessperson quits a stable job in a bank to start investing in an uncertain bet, but this was the case for the Swiss entrepreneur Mike Baur, co-founder of the Swiss Startup Factory. He had over twenty years with the banking community, but he knew he wanted to change and he did. This decision is how Mike began his road to an unpredictable success.
Launched in 2014 through a partnership between Max Meister, Oliver Walzer and Mike Baur, the Swiss Startup Factory, or SSUF for short, is a company that is looking to invest in small startups to help them grow to success.
SSUF has already provided the opportunity to develop for many small offices both in Switzerland and around the world. They offer capital and management strategies for these little enterprises to improve their business models. The team also facilitates the process of building a company from the ground so the founders can work in developing the idea that got them to found it in the first place.
Mike Baur had already a significant history in the banking history before he decided to invest in the idea of helping other startups grow. He participated as a jury member of a startup contest called START Summiteer, in the University of St. Gallen.
At SSUF, Mike Baur is also Executive Chairman of the Swiss Startup team, while Meister is responsible for the Acceleration department where the “Accelerator program” was created with the Goldback Group. Oliver is the CIO of the company. The office would later team up with another one called CTI, and this granted Mike another spot in the market as Deputy Management Director of CTI. This improvement happened in 2016, and he still holds this position.
Recently in 2016, Mike Baur was featured in an interview talking about ten ultimate tips for startups where the co-founder of the SSUF tells his story as well as a few ideas for new business people looking to build their brands from the ground. The fact that Mike Baur led the Swiss Startup from the beginning, even with a fine job in a bank, gives him a lot of voice in the subject. He also has grown three years alongside the company and can tell what has worked out for them and what didn’t.
Mike got his MBA at the University of Rochester and an executive MBA from the University of Bern, the entrepreneur, is also a mentor to all the individuals in the staff because of how much he has to teach.