Ideal location and political stability are among some of the factors that make Switzerland an excellent business hub. Both local and international business people realize their dreams in this part of the world. Multinational companies are pitching their tents in Switzerland, which gives them a good launching pad to penetrate other markets in this region.
The number of new businesses that are established in Switzerland has further been aided by the huge benefits offered by the government. It isn’t a big hustle to develop a company in Switzerland, and there are a lot of tax benefits especially for startups. The presence of institutions such as the Swiss startup factory that supports infant businesses has made things easier for upcoming entrepreneurs.
Mike Baur, an accomplished businessman, is among the few entrepreneurs in Switzerland that have devoted their time and resources to help startup businesses. Mike is the genius behind the Swiss startup factory.
Mike Baur was born and brought up in Freiburg region in Switzerland. He enrolled at Bern and Rochester Universities where he earned his business degrees. Mike was lucky to launch a career in banking when he was very young. At the age of 16, Mike had already carved a niche in the banking industry. Mike had a chance of knowing his strengths in the financial world at a young age, which has helped him to make the best out of it. Mike became an apprentice in the Union Bank of Switzerland in 1991. He has worked in several financial institutions where he has gained a lot of knowledge and experience.
Mike’s star was shining brightly in the banking sector when he decided to make an unexpected move. He decided to quit his lucrative banking career to venture into a new course of supporting young tech startups. Mike set his goals clear, and he knew that at some point, he would accomplish them.
In 2014, Mike Baur teamed up with his fellow graduate, Max Meister to establish the Swiss Startup Factory. They help technology-based startups through offering various programs and mentoring them. Mike and his team came up with programs that would assist other young entrepreneurs who want to start investing and creating new businesses.
Swiss startup Factory does not only offer mentorship programs to entrepreneurs but also provides funding and also connects budding entrepreneurs to established investors in their field. The young entrepreneurs are also given free office space where they can run their business from. Mike Baur looks at entrepreneurs who have great ideas and helps them to make their dreams a reality.