How Mike Baur Is Supporting Entrepreneurship In Switzerland
Mike Baur is among professionals who have helped nurture entrepreneurship in Switzerland. He came up with an incubation facility that has been home to many startups in the country, which is also the biggest in Switzerland. Mike Baur was born and raised in Fribourg and as a young boy, his dream was to become a banker. He chose to pursue subjects that would help him achieve this and when he proceeded to the University of Rochester, he pursued degrees in business fields, effectively positioning himself as a professional ready to work in the banking industry.
At the age of 16 years in 1991, he was invited by the Union Bank of Switzerland where he worked as an apprentice. He was guided through to build his career and few months later was hired. Through the entire 1990s season, he worked with UBS and rose through different positions. Before he attained 30 years of age, he was appointed into a key advisory position and he proved to have the talent to lead.
He cut his engagement with UBS in 2008 to look for other opportunities, and in few months he was hired by Clariden Leu, a bank that he worked with for 6 years before he decided to leave to his career in banking to become an entrepreneur. Many people thought his decision to leave his career was misinformed because this came at the time when he was at the peak of success.
In 2014, Mike Baur co-founded Swiss Startup Factory, which is basically a facility to incubate startups and help them grow. The facility has helped more than 100 startups to establish themselves by offering them the required resources. Mike Baur started working at Swiss Startup Factory as a member of the jury, a team that was responsible for reviewing the pitches submitted by entrepreneurs to pick those with the best ideas.
His commitment to working on building Swiss Startup Factory put the company on the limelight as the only of its kind in Switzerland. This attracted investors from various areas who thought the ideas presented by different entrepreneurs were good. Swiss Startup Factory partnered with different universities and institutions to deliver the resources needed to make the mentorship process seamless. Mike Baur also negotiated with experts in various fields including business lawyers and accountants to join in as mentors. This has helped Swiss Startup Factory to build a team of mentors who are knowledgeable about different areas of business.