Mike Baur is a Swiss businessman who has had an interest in banking from the time he was a teenager. With this passion, Baur decided to pursue Business Administration from the University of Bern. From this career, Baur has built a successful business that has enriched his experience and knowledge both in business and finance.
For the past 20 years. Mike spent his life working with different banking institutions. His experience and diligence in operation have enabled his rise through the job ranks. He has worked with several banking institutions including Clariden and Sallfort. He has served an executive board member in a private bank as part of his achievements.
The journey of entrepreneurship
In 2014, Mike turned 39. It was in this year that he developed an interest in starting his company. Together with two other colleagues, Baur started the Swiss Startup Company which aims at helping the young innovators achieve their goals. Switzerland has several young developers especially on digital innovations, but they lack sufficient support to build on their ideas. The three individuals own the company, and the operations are privately run.
Mike Baur’s passion
Since there are several young people with technological ideas, Mike has always had a strong passion for helping these people put their ideas into practice. According to him, the innovative young people have the capability of utilizing technological resources. Most of these youths are not in a position to turn their ideas into realities because of the financial limitations. Having the passion to help this group of people out, Mike and his colleagues agreed to focus on the tech-prenuers since that is the direction that the world is taking currently. Currently, Mike finances most of the activities in the company. Baur is also in charge of the fundraising activities in the company.
The Swiss Startup Factory
Started in 2014, the Swiss Startup Factory aims at helping young people to develop their ideas. The company ensures that the innovative young people are given sufficient financial and managerial advice on how to handle their ideas. Currently, the company through the support of Mike Baur has financed different projects which could change the world. The developers are given three months’ period during when the ideas are incubated. The duration gives the developers sufficient time to come up with ways of being competent in the market. Through the support of the co-founders, information on how to get further support from the international market is provided.