Most people don’t realize it, but Switzerland is the birthplace of the World Wide Web. The Swiss were the first group to mass market the computer mouse and hidden in the Swiss Alps is the world’s largest particle collider. Thanks to Swiss innovation, government funding, and the European Organization for Nuclear Research, the country enjoys the nickname, “the Bio Alps.” And thanks to the large pool of scientists, engineers, and the Swiss economic environment, there is an enormous amount of collaboration between corporations and universities.
But in spite of all those incredible accomplishments, the startup industry has a hard time finding a place in the Swiss business world. But ex-Swiss banker, Mike Baur is changing that fact with his participation in the Swiss Start Up Factory.
Mike Baur wants to help young Swiss entrepreneurs because Baur was a struggling entrepreneur 20 years ago. Baur has a University of Bern executive MBA. After graduation, Mike thought the secretive world of Swiss banking was a perfect place to showcase his talents, and he was right. Mike went to work for Clariden Leu, and he was one of the rising stars in the banking world. Mike left Clariden Leu, and he went to Sallfort as an equity investor. Baur’s job at that time was to work with international investors.
Baur did an excellent job. He was the chief in charge of private equity investments. Baur’s impressive client list and excellent work ethic gave him a lot of pleasure, but he saw an opportunity he couldn’t resist. That opportunity was in the tech world. Mike left his comfortable investment world behind, and he got a group together to start the Swiss Start Up Factory. The Swiss Start Up Factory gave Mike the opportunity to mentor and coach young entrepreneurs.
The Swiss Startup Factory offers entrepreneurs all-inclusive programs that help them break into the tech world. Baur and a staff of competent executives provide financial advice as well as networking opportunities. The staff knows how to coach and to mentor these young techies. But the Start Up Factory also gives them workstations, conference rooms, Wi-Fi, storage space, a fitness room, and office equipment at a reasonable price.
Thanks to Mike Baur and the Swiss Start Up Factory, the startup industry in Switzerland is changing once again. Instead of being behind the curve in the startup world, Switzerland is now one of the world’s hotbeds of startup innovation.