If you are entrepreneur just starting your business, you certainly understand the financial struggles accompanied by it. At this point, basically no investor is willing to invest and no bank is willing to lend you money. It gets even tougher when you have no mentor to guide you through. But with an accelerator program, things become much easy. If you are in Switzerland and are finding it difficult to grow your new startup, then consider joining the Swiss Startup Factory.
The main man behind the Swiss Startup Factory is Mike Baur. He is one of the co-founders and currently works as the managing partner. His role at the startup factory has been fine-tuned with over 20 years of experience in the banking industry where he took accounting and financial role. He even worked for UBS and continues to serve as a board member for one of the biggest banks in the nation. He holds a postgraduate degree in Business Administration from the University of Rochester which is based in New York. He also has an Executive master’s degree from Berne University of Business. Such a solid education background has been instrumental in the various roles that he handles at the Startup factory.
Swiss Startup Factory was founded in the year 2014. Baur deemed it fit to invest in the company, being that he was already into the business. After he quit being employed by the banking industry, he had decided that he would be helping startup entrepreneurs financially. So when the idea to found a Startup Factory came up, he was more than interested. Together with other like-minded individuals they founded Swiss Startup Factory. This company is based in Zurich and was given the name factory because its aim is to produce successful businesses that will deliver products to consumers.
At the Swiss Startup Factory, Mike Baur holds several roles. First, he is in charge of financing. He maintains of some great contacts which he uses to get financiers to invest in the selected startups. These investors come from Switzerland and all around the world. He is also involved in coaching the various entrepreneurs. He majorly deals with governance and business planning issues. He makes them understand that good business planning is important for a business to be successful. Other than that, he trains them on forming proper governance structures for their companies.