Born and raised in Freiburg, Switzerland, Mike Baur had a dream of one day becoming a successful banker. Even at a young age, he wanted to know more about banking and would often read about the field. And this inspired him to pursue subjects related to the field while in high school. When he was admitted at the University of Rochester, he chose to pursue degrees in business, something that would prepare him to embrace the banking career he so loved. As a result of his persistence to become a banker, he started working at the age of 16 when he joined the Union Bank of Switzerland under apprenticeship in 1991.
He would serve at the bank for the entire 1990s period, and this commitment to his work is what led to him getting appointed to a senior position where he worked as an advisor and a key consultant. In 2008, he left UBS and shortly was hired by Clariden Leu. This time he was given a high-ranking post due to the experience he possessed. He served at this position for six years then in 2014 he left banking altogether to pursue entrepreneurship. This also marked the beginning of a new dawn in his life that would see him become among the most acclaimed professionals in Switzerland.
To start off, Mike Baur established a facility to incubate talented entrepreneurs in tech. Named Swiss Startup Factory, the facility has so far helped more than 100 startups, most of which are becoming established brands in their areas. His idea attracted the attention of investors, who found it a ripe opportunity to connect with talented entrepreneurs with ideas that are worth millions.
To make things work out smoothly, Mike Baur invited professionals and experts from different fields including accountants, lawyers, and financial experts, who came in as mentors to the upcoming entrepreneurs. Additionally, Mike Baur got support from universities from across the country, something that ensured the incubation facility accessed the needed resources to make mentorship an easy endeavor.
Immediately after launching Swiss Startup Factory, Mike Baur joined a team of experts who would review the ideas submitted. This team of reviewers was able to single out the most talented startups that would be passed to the next step for incubation and mentorship for six months. The effort he put to bringing this idea to life has earned him a lot of respect as an entrepreneur.