As a respected entrepreneur in Switzerland, Mike Baur has continued to offer support to upcoming entrepreneurs in the country. His career in entrepreneurship began in 2014 after he left a career in banking, a move many thought was not so wise. His dream to become a successful entrepreneur gave him the drive to move into the world of entrepreneurship with a lot of energy, and when he made that decision in 2014, he came up with an idea to build an incubation facility where young entrepreneurs would submit their ideas for incubation.
The Swiss Startup Factory has been ranked as the most notable incubation facility in Switzerland due to its key role in supporting young talent and ensuring aspiring entrepreneurs get the support they need to make their dreams a reality. Before Mike Baur reached this decision, he was working as a banker in a career that was at the peak of success.
As a young boy growing up in Fribourg, Mike Baur had aspirations to become a banker. He admired the career and thought he would do well if he pursued banking, and this is the motivation that led him to choose a business course when he joined Rochester University. Upon graduating in 1991, he applied for a job at the Union Bank of Switzerland, and as a measure to gauge his skills, the bank offered him an opportunity to work as an apprentice. Few months after working under these terms, his talent was spotted and he got employed.
Mike Baur worked with the bank for more than 15 years. He left in 2008 to find new opportunities and just weeks after this decision, he was employed by Clariden Leu to hold a high-ranking position. Mike worked with Clariden Leu for about six years before he finally decided to leave banking altogether. Although his career was at the peak of its success, he decided to leave to try his hand in entrepreneurship.
His first step was investing in startups, but this did not seem as efficient as an approach, so he launched the Swiss Startup Factory, which ran a program for mentoring talented startups. Through the Swiss Startup Factory, Mike Baur has given many startups an opportunity to rise, and due to his contribution to supporting these entrepreneurs, he is regarded as one of the most successful entrepreneurs and a supporter of the growth of entrepreneurship in the country.