Mike Baur had been highly involved in the Swiss banking industry for the past 20 years. Many of these years have been spent with UBS and Clariden Leu. He was good at this career and enjoyed it, but it was during these years he developed a conviction that most start-ups in Europe needed to be nurtured and helped if the Swiss marketplace was to flourish. This was during a time when the European business world as a whole had taken a downturn. To that end he quit the banking game to dedicate himself to this fulltime.
In 2014 he joined with Max Meister and Oliver Walzer to become founding partners of the Swiss Start-up Factory AG, a Zurich-based accelerator that focuses on helping digital start-ups. It helps that SSUF has an incredibly strong network both in the city and throughout the entire world. SSUF has done very well for itself, become completely independent and privately financed shortly after it commenced business. In 2016 alone it had more than 1,500 start-up applications, 50 mentors, and helped establish ten new successful Swiss companies.
He currently serves as the executive chairman of SSUF, and because of his vast experience and knowledge of the Swiss banking industry, he is also in charge of fundraising and everything that has to do with finances at Swiss Start-up Factory. In January of 2016, after SSUF partnered with CTI Invest, he was appointed the deputy managing director of CTI. In December that year his career was so widely admired that his career biography was profiled in the Wall Street Journal. They host a three month program in which they coach, mentor, provide networking helps, and even provide an office space for their fledgling clients.
Today the Swiss Startup Factory is the largest and most reputable startup company in Switzerland. SSUF has one of the most high-profile Advisory Board’s in Europe, perhaps even the world. All involved in SSUF or who know very much about its workings, are confident that it will continue its rise in the start-up training industry. All three of its founders also remain involved in the workings of the company, Mike Bauer the most so. He oversees most of those partnership transactions and the entire Accelerator Program.