Archives: November 2017

Mike Baur is Passionate about Helping Others

Mike Baur is a businessman and entrepreneur. He is the managing partner, as well as co-founder of the Swiss Startup Factory (SSF). After working in the banking industry for more than 20 years, Baur took up investing in startup companies and eventually establishing the SSF in 2014. His partners in the venture are Oliver Walzer and Max Meister. Baur pitched the SSF in the START Summiteer, which was a pitching contest for startups. In early 2016, he became the deputy-director of CTI Invest after the SSF and CTI formed a partnership.

 

Mr. Baur is a product of Freiburg, Switzerland. Mike Baur attended Bern University and the University of Rochester where he earned degrees in Business. He began his career in the banking industry when he was just 16 years old when he took on the challenges of apprentice at the Union Bank of Switzerland (USB). Despite having a very successful outlook at USB, Baur’s long term plan did not quite follow the banking path at USB that his supervisors thought it should. He went on to other banking, as well as business opportunities.

 

While at USB, Baur provided investment advice to wealthy Swiss investors and individuals. He moved onto the Clariden Leu Bank and held a very prominent position. Despite being very successful in the banking industry, the banking environment following an economical downturn Baur found the banking industry less appealing. Baur decided it was time to focus his energy, time and talent on helping technology based entrepreneurs establish themselves in the business world.

 

Help for startups came in the form of the SSF. The founders established an incubator program that provides training and mentoring services. The SSF also provides financing to startups. The program also allows startups network with others and exchange ideas. The educational component of the program helps entrepreneurs how and where to find funding for future growth and development.

 

Baur established a new company called Think Reload. The company focuses on providing financial advice for affluent and wealthy clients. This company, along with CTI Invest work collaboratively to provide training and sponsor the event called Swiss Startup Day. SSF established a partnership with BV4. The new entity provides estimating services for intellectual property, inventions and ideas. The service is invaluable as the monetary values must be known for funding purposes.

 

Baur describes SSF as a unique brand as it is operates independently rather than as a part of another company or political organization. That allows both sides to take the necessary action to move forward without the appearance of conflict of interest. Because the founders invest their own time and money it gives them an added incentive to see entrepreneurs and their startups succeed.

 

Currently, Mike Baur still operates Think Reload, as well as working with the SSF. His focus at SSF is to raise funds for the operation and provide the necessary financing. Because of Mike Baur’s passion and commitment to helping other entrepreneurs has made it possible for others to succeed. He has provide great insight into the business world.