After working tirelessly in the banking industry for over 20 years, in 2014, Mike Baur and two other Swiss businessmen founded the Swiss Startup Factory. In 2016, Baur helped the company form an alliance with CTI Invest. In that same year he led the company through an accelerator program with the Goldback Group. The Swiss Startup Factory then gained a partner with Fintech. Mike Baur is undoubtedly one of the most productive entrepreneurs in Switzerland in the past decade, having led many startups to become successful businesses.
Mike Baur had everything going for him in 2014. He had risen to the top of the Swiss banking industry, known for his deal-making ability. He grew up in Freiburg, Switzerland and dreamt as a teenager of working in banking, a dream that came true at the young age of 16. He worked his way through college, obtaining degrees in business from Bern University and the University of Rochester. All the way back in 1991, Mike started his banking career at the Union Bank of Switzerland (UBS). He progressed quickly at UBS, and eventually was named an advisor at the bank.
In 2008, Mike left UBS for a lucrative wealth management position at the Swiss bank, Clariden Leu. This moved coincided with the banking collapse of 2008 and for six years he helped the bank in its recovery. Once that was completed, Baur felt the yearning to help young entrepreneurs in the tech space, so he started the Swiss Startup Factory. The company’s goal is to help give guidance and instruction to young tech startups and holds competitions for those entrepreneurs. He also started Think Reloaded, a company that caters to the ideas of wealthy clients who are looking to create new companies.
His ability to negotiate deals makes him a highly-sought advisor for both young entrepreneurs and seasoned investors alike. His greatest asset is being able to think forward rather than living in the past. When he left the banking industry in 2014, he did so with a plan to help others turn their ideas into reality. This is in stark contrast to his banking career, where he perhaps had turned down eager and hardworking entrepreneurs. Mike Baur thinks of this career as a new lease on life. Although he may be a seasoned veteran, his youthful approach makes his unique.