Mike Baur had the vision to help build digital companies that offer something different and unique. This vision was the company, Swiss Startup Factory, which was started in 2014. The company is located in Zurich. They offer many different services to help get your company off the ground. The 360-degree approach provides the guidance and vision to make your startup a success.
The company helps in the way of an accelerator. They provide the coaching and mentorship to make the right decisions from day one. Financing is a large piece of the puzzle that is available through the Swiss Startup Factory. They tackle several parts of the finance puzzle, including payroll, bookkeeping, health benefits and overall cash flow. This is extremely important in a startup as typically the entrepreneur’s core competency is not in the financial and accounting side. This takes unnecessary stress from this aspect of the business. Another dynamic feature is the office space and the ability to cohabitate. This provides space for sharing ideas as well as talking through problems or even celebrating successes. So three facets to the Swiss Startup Factory are, the startup accelerator, co-working spaces and accounting and financial advice.
This is an elite program that the most viable startups will be chosen to participate in the startup accelerator. Ambitious goals are set out for the first three months to show progress, determine viability and ultimately create a successful startup.
Mike Baur’s education, including an executive MBA and experience in the banking industry for twenty years comes as a valuable asset as he is leading startup companies through the first three months of life. His upward mobility throughout his career shows his ability to learn quickly and adapt to people’s needs. He gained valuable leadership skills as a commercial apprentice at USB and on the board of a large Swiss Private Bank. Along with his finance career, Mike has an interest in helping others. Mentoring various entrepreneurs on startups is a favorite pastime as he builds relationships and continues to build his network. This ultimately gave the life to this adventure and he gets to pursue a lifelong dream.