Mike Baur, the Co-Founder of Swiss Startup Factory worked in private banking for more than 20 years. Having worked his way up from his role as a commercial apprentice at UBS. Baur was loyal to the bank, and was eventually working in his role as an executive board member for UBS. When Baur was 39 he was ready for something different, ready to embark on an entrepreneurial journey he was seeking other ways to help fellow entrepreneurs do the same. After much consideration, Baur sought others to partner with him in the startup of the ICT Startup Accelerator in Switzerland.
Baur’s primary investment wasn’t for fame or fortune but his greatest passion was for helping others, namely his ability to help young entrepreneurs rebuild Switzerland. Baur brought his banking experience to the table where he could easily help those who birthed startups with their financial assessments, as well as helping them determine where they could raise money and spend it wisely. Although Baur had started this organization to help young entrepreneurs, he is also the Co-Founder and the Director of the Swiss Startup Association.
Growing this company would happen faster if it were regarded as the genius behind Fintech, where he would take the entrepreneurs on a step-by-step journey of what they should do in order to start their business properly. This included a work permit, in addition to their administrative needs upfront. Providing mentorship, Baur wanted to ensure that each entrepreneur was able to pair with someone that had experience and vast knowledge in their arena. This would ensure that they had a well-seasoned entrepreneur to work with, as well as someone that would know the inside secret to building a startup.
Fusion, the new name for this venture has come from the community effort to see Switzerland thrive as a country, having played an important role in how finance works on a global level. Baur and his partners are excited to find the very best talent in Switzerland to bring together the best minds in finance and tech to help build the industry and create jobs to improve the economic temperature of the country as a whole.