The SSUF (Swiss Startup Factory) was started in 2014. It was driven by the ambitions of a group of people intent on creating global companies. The companies were designed to disrupt prevailing business models, products, and norms. The core business of Swiss Startup Factory is to offer early stage startups with access to a large investor and entrepreneurial network. Additionally, the company provides start-ups with office space, mentoring, coaching, services and financing. One of the co-founders and executive chairman is Mike Baur.
Baur is an entrepreneur and businessman. Currently, he is the managing partner and co-founder of SSUF. Mike has worked in the banking industry for more than two decades. During this time, Mike has held various positions in renowned banks such as ClaridenLeu and UBS. Baur decided to quit and started investing in startup companies. This was what led him to co-found Swiss Startup Factory with Oliver Walzer and Max Meister in 2014. Later he participated as a jury member in a University of St. Gallen’s start-up pitching contest known as START Summiteer.
When CTI Invest partnered with Swiss Startup Factory in January 2016, Mike was named deputy managing director of CTI. In early 2016 he led the accelerator program of SSUF with Goldback Group, and the subsequent partnership with Fintech Fusion. By the end of 2016, the Wall Street Journal had profiled his early career including how Baur went from Swiss banking to startup investments and entrepreneurship.
Apart from his duties at Swiss Startup Factory, Mike invests in various start-ups across Switzerland. The investments are not only financial but also mentorship based. Baur is particularly passionate when it comes to youth entrepreneurship in the country. The University of Bern gave him an executive MBA, and he got an MBA from the University of Rochester in New York. With the combination of these credentials and the experience he has amassed over the years, Mike has garnered sufficient expertise to support his leadership skills.
Mike is a key contributor to youth entrepreneurship by working closely with the youth in a bid to support them in various projects on issues of mentoring and financing. He is responsible for funding and fundraising for any potential startup project. Mike is also in charge of ensuring any future business has a different and unique setup that will make it possible for many businesses to survive any market setbacks. His outstanding managerial skills and expertise have made Swiss Startup Factory one of the highest-performing companies in Switzerland.