Mike Baur is responsible for the establishment of the Swiss Startup Factory, an ICT acceleration program that was launched in 2014 to help entrepreneurs with tenable ideas access support and resources necessary to help them climb the ladder of entrepreneurship. The Swiss Startup Factory is driven through various sections, each with a role to play and in only three months, one is able to capture the basics that are needed to move from beta to revenues.
While launching the program, Mike Baur wanted to ensure young professionals in Switzerland who have awesome ideas are given the support they need to establish strong businesses.
Three months acceleration program
The acceleration program covers different areas of business and is focused on ensuring those with ideas are taken through the most important sections of running a business. There are two batches accepted every year in January and September. The selection views the most talented startups and measures the ability of the ideas to adapt to different conditions.
With the help of professionals and experts, the entrepreneurs are able to reach ambitious milestones. Once the program is completed, a demo day is organized to introduce the entrants to the real business world.
Wenger & Vieli Accelerator
The Swiss Startup Factory also respects the fact that entrants to the program need to understand the legal aspect of business. This is made possible through the Wenger & Vieli Accelerator, which invites experienced professionals from Wenger & Vieli (Wenger & Vieli Accelerator is a law firm that is based in Rurich that operates with a strong network in all its locations. Its international presence has placed it among the best legal firms within Switzerland) for legal advice related to business. The program is run every second Monday and is divided into sections that answer questions related to business law. A session of at least 20 minutes is held with a lawyer on pro-bono basis.
Mike Baur, CEO
A founder and CEO, Mike Baur is a professional who has proved his dedication in supporting startups in Switzerland. His experience in the banking sector spans about 20 years and at the time he exited banking, he was only 39 and had a lot to do with his life. His idea of establishing a venture capital materialized well when the Swiss Startup Factory gained popularity and acceptance. Mike Baur is a graduate of Bern University, where he acquired an Executive MBA.
Know more about Mike Baur at founderstories.com.