The successful contribution of Mike Baur to the Innovation of Switzerland

The early life

Mile Baur was born in 1975 in Switzerland. He undertook hi early education in the local school before getting to the University of Bern for his undergraduate degree in Business Administration. Since he was a young boy, Baur had developed a strong interest in entrepreneurship. He knew he wanted to have a business of his own, but he was not sure where to start. With his entrepreneurial plans in mind, Mike set to pursue his dreams but a little later.

Career path

Since Mike Baur was 20 years old, he worked for different financial institutions. His main interest was to work for different banks in Switzerland. He wanted to understand how banking systems work since this was one of the areas he thought to venture into. Equally, his employment path has always been in the banking sector since it is an area he kept landing different jobs. For close to two decades, Mike Baur held major positions in the banking sector.

The beginning of entrepreneurial journey

In 2014, Baur set a new journey in his entrepreneurial career. He had developed different companies, and these companies helped him develop a strong mind in the end. From his life experience, Mike noticed that several young people had good ideas, but they lacked financial support. He was determined to help these young entrepreneurs to do something constructive as he offered them with start-up capitals. The program was meant to assist the young people from Switzerland who could use the opportunity to make an impact on the lives of the community members.

Why Mike Baur is salient to the new entrepreneurs

After having been in the financial market for several years, Mike Baur was intrigued by the developing importance of technology in the society. He equally noticed that different people had good ideas on technology, but they lacked sufficient funding to turn their ideas into a reality. With this knowledge, Baur set up a company to help such people. Most of the creative ideas came from the young ones whose minds were still fresh.

The birth of Swiss Startup Factory

The Swiss Startup Factory started in 2014. Together with other founders, Mike Baur developed the basis of its operation. The company aims at helping the young people with the resources which they cannot raise for themselves. The company picks the projects based on their competence. There is a three month period under which the ideas are incubated and then taken through the test of time.

 

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