Mike Baur is a successful businessman, entrepreneur, and the founder of the Swiss Startup Factory who has been an inspiration for many people during his life. He grew up in Switzerland and studied at the University of Rochester and Bern University where he received business degrees. As a youngster, he became an apprentice with the Union Bank of Switzerland, and he continued to work with the bank until 2008. During his time there, he offered Swiss investors advice for how to best protect their wealth, but he eventually moved on to work with the bank, Clariden Leu. Six years later, he decided to follow his gut and left the bank to guide tech entrepreneurs with their startups.
In 2014, Mike Baur put together the Swiss Startup Factory with his partner Max Meister and began to mentor entrepreneurs from Switzerland. His company also funded and continues to fund startups whom get the benefit of rent-free offices and three months of help in other areas that are crucial to their businesses. On top of these services, his company and himself encourage new aspiring tech businesses to enter pitching contests where he has been a juror. One of these contests, START Summiter, accepts firms who have less than $1 million in funds and chooses the most promising of them to invest in.
Mike Baur also put together Think Reloaded, which is a company that offers financial advise for well-off clients. Together, the company, along with The Swiss Startup Factory help to train entrepreneurs and also takes a closer look at the ideas, inventions, and possible dollar value of a startup. This helps them to get the financing they need. Mr. Baur has been quick to point out that the most important asset that a company has is its intellectual property, and this can help to greatly improve its potential value.
In an interview, Mike Baur shined some light on why the Swiss Startup Factory is different from other incubators. This difference stems from the fact that it is an independent company that is not beholden to politics or any other business. This means that it can make decisions on its own, and due to its own keen investors who are a part of the company, startups who work Mr. Baur can be confident that they will be backed by people who can afford to invest in their ideas. Mr. Baur, to-this-day is helping aspiring entrepreneurs to build the companies of their dreams.