After establishing a successful career in the Swiss banking sector for over two decades, Mike Baur left to start investing in tech startups. The renowned businessman is the founding partner of the Swiss Start-up Factory AG. According to his profile, which was featured on the Wall Street Journal, Mike began his banking career at the age of 16. He joined the Union Bank of Switzerland (UBS) as an apprentice in 1991. He was later promoted to a senior advisory position while still under 30 years of age. His career at UBS saw the young financial expert offer counsel to some of the wealthiest individuals in Switzerland. He left UBS in 2008. Soon after, he joined Clariden Leu bank where he held a high-ranking position for six years. At Clariden Leu, he enjoyed high compensation. However, his passion for helping tech startups saw move on to incorporate a company that would help them.
Mike Baur partnered with Max Meister and Oliver Walzer to establish Swiss Start-up Factory in 2014. Swiss Start-up Factory identifies potential tech startups with outstanding products and business models, and transforms them into global success. The incubator program offers helpful training and mentoring services while disseminating funds to aid Swiss tech entrepreneurs with potential startups. Swiss Start-up Factory offers additional services, including rent-free offices in Switzerland and three months-worth of assistance. They provide necessary resources and tools to entrepreneurs for global marketing besides offering them a platform to interact with fellow tech entrepreneurs. These educational programs teach entrepreneurs on the various ways of sourcing for funding from investors, thus increasing their chances of obtaining long-term success. In addition, Swiss Start-up Factory encourages entrepreneurs to participate in the pitching contest called START Summiteer. In 2014, Mike Baur served as a juror at the contest. The competition features 30 founders of startups who talk about their products, strategic plans and business models.
START Summiteer only accepts participants whose new enterprises have less than $1 million in funding. The competition gives entrepreneurs a chance to make substantial investments. Mike Baur established SSUF business incubator after participating in these pitching contests. In 2014, Mike Baur founded a financial consultancy company, Think Reloaded. Think Reloaded offers advice to affluent clients. Owing to the collaboration between SSUF and CTI Invest, Mike secured a job two years later as CTI Invest’s deputy managing director. The two firms came together to offer training programs. Today, Mike concentrates on the funding and fundraising activities of SSUF while serving on the board of BV4, a company that they partnered with to enhance the smooth running of the former.