In life, there is nothing more satisfying than having to dream as a young person of becoming someone in a profession and attaining one’s goal. This is Mike Baur remarkable story of hopes and dreams that eventually came to fruit. As a young person, he only had one wish, and as years passed he gradually realized his early passion of becoming a banker. Banking and Finance did always fascinate him as a young boy. Achieving his dream did not come easy as he had to climb the ladder of success gradually. He had to pave his way beginning from his days as an apprentice at UBS to becoming an executive board member of a large privately owned Swiss BANK.
He was able to attain his ambitious success after he graduated with an MBA from University of Rochester New York as well as an Executive MBA from the University of Bern. This propelled him into his childhood career and has now spent almost two decades in Swiss Private Banking.
It is while working in the private sector that Mike Baur hatched up an idea of starting an independent and privately financed ICT Startup Factory in Switzerland. This begun Mikes entrepreneurial journey just at the age of 39. He was able to do this through partnering up with his two friends. The Startup Factory went on to become the No 1 independent and privately financed stage ICT Startup Accelerator. The accelerator program takes three months to complete. It is while in the program that a start-up is provided with financial support, coaching, mentorship, office space and access to an extensive entrepreneurial and investor network.
In January 2016, Mike Baur was named the deputy managing director of ICT Invest. This was after the partnership agreement that was brokered between Swiss Startup Factory and CTI. Baur went on to lead the Startup Factory through its accelerated program with Goldback Group in early 2016 and again after its partnership with Fintech Fusion in February 2016.
It was through his leadership role that in the same year that the Wall Street Journal profiled Mikes early career from his days at Swiss Banking to his entrepreneurial and startup investments. Apart from all this, it is vital to know that Baur also spends most of his time in Swiss youth entrepreneurship and helps finance them as well as fund them. He has left many people emulating the strides he has made in the banking industry.