Mike Baur, Co-Founder of the Swiss Startup Factory, has a lot to look forward to. As one of Switzerland’s top entrepreneurs Baur knows the secret to starting and building a business is innovation. Baur has set the standard for those in fintech, an industry that has been taking Europe by storm. As a managing partner, Baur was seeking ways to not only change his career and his life, but he was also looking for ways to aid in building the interest of entrepreneurs in Switzerland. The opportunity to encourage entrepreneurship was something Baur had been interested in for some time, and he desired to begin investing in companies.
This drove Baur to create the Swiss Startup Factory, with the help of some additional team members that would aid him in reaching success beyond their wildest dreams. Having worked in the banking industry for more than 20 years, Baur has vast experience with financial institutions and how they operate from the inside out. His founding partners, Max Meister and Oliver Walzer also know all too well just how important the background experience is in the area of finance.
Upon the initial start of the program, Baur took the Swiss Startup Factory through an accelerator program to aid in getting it off the ground. This program was completed with the Goldback Group in the year 2016. Bringing another top financial advisor on board, Michael Hartweg, was helpful in not only giving the Swiss Startup Factory a good name, but a fair shot at success. As an investor and mentor, entrepreneurs would have the opportunity work with the best of the best in the industry. Hartweg’s approach is to invest in specific startups rather than try to work with all that come in at the same time. His approach is to catch many of them as they are graduating out of the program rather than those that are entering in first.
With so many experts on board, Baur has created the most innovative startup group yet in Switzerland. Setting the standard for all entrepreneurs and aiding others who would like to invest in startup companies as well now has a model by which it can function easily and with tremendous guidance. The focus on fintech startups is just the beginning, and it’s a profitable one for Baur and the SSUF.