Mike Baur is a successful business executive and entrepreneur from Freiburg, Switzerland. According to Wall Street Journal, Mike began his career in the banking industry at an age of 16 years. Mark Baur earned his first business degree from Bern University and then joined University of Rochester for another degree. In 1991, the young Baur was an apprentice at Union Bank of Switzerland. The finance expert was very successful on his first job, and an executive recruiter predicted how Mike would climb the corporate ladder at UBS before his retirement.
Mike’s Banking Career
Mr. Baur enjoyed a successful career at UBS, rising through the ranks to the position of an advisory while he was still in his 20s. The skilled banker was assigned the role of providing advisory services to rich investors from Switzerland. He also provided financial advice to some of the wealthiest individuals in the country. Although he had a very successful career at Union Bank of Switzerland, Mike decided to quit in 2008. Immediately after he left UBS, Mr. Baur was hired at Clariden Leu’s Zurich based office. He worked at this bank for about six years and held high-profile positions. At Clariden Leu, Mike was compensated generously, but he decided his career should take another course in 2014. He wanted to devote his financial skills and expertise to help tech entrepreneurs.
Swiss Startup Factory
Mike Baur partnered with Oliver Walzer and Max Meister and co-founded Swiss Startup Factory. Swiss Startup Factory is an incubator program targeting emerging entrepreneurs in the Swiss market. The accelerator program provides training and mentoring solutions as well as providing capital to promising startups. According to the Crunchbase, the entrepreneurs who benefited from this program were offered the opportunity to access rent-free premises to set their entities. Swiss Startup Factory also offered successful entrepreneurs insights about how to market themselves on the global platform. Furthermore, the accelerator program initiated by Mike Baur and his startup help entrepreneurs to access funds from investors.
In 2014, Mike Baur was among the juries at a competition dubbed START Summiteer that was hosted at the University of St. Gallen. This pitching contest offers opportunity to entrepreneurs of 30 startups to explain about their businesses’ line of operations and also the products they offer. In early 2016, Swiss Startup Factory entered into a partnership with CTI, and Baur was named deputy MD of the new formation CTI Invest.