The legendary Mike Baur is the brain behind the foundation of the Swiss Startup Factory, a firm that is turning dreams into reality. The Swiss Startup Factory has been offering assistance to talented startups using an incubation program that instills vital knowledge together with skills to the selected candidates.
Mike Baur introduced this idea in 2014 and it has grown into a leading private ICT startup incubation company in Switzerland. This program is run through some stages over three month-period each with a new lesson for the candidates.
Mentoring and Market Research
It may be understood that most startup entrepreneurs have viable ideas, but during the implementation period, they commit mistakes that would be avoided if they had adequate training. That is one of the challenges the Swiss Startup Factory is aiming to address to make sure that startups get vital training that would enable them to understand the challenges in the market. It would also enable them to identify all the potential opportunities they should explore to benefit.
Additionally, this firm offers market research that highlights the state of the market and assesses how the startup is expected to perform in the highly competitive market. The research findings are handed over to experts with tremendous experience who ultimately come up with a complete review of the system. Then, they advise on vital issues that should be looked at to maintain the productivity of the business.
Access to Finance
After the incubation procedure, the startup requires financing which in many cases is not available to the candidates. Hence, the Swiss Startup Factory provides the startups with a platform to which they can link with other parties interested in investing in them. The company invites an array of investors in varied industries while encouraging them to invest in their ideas.
About Mike Baur
Mike Baur is globally renowned businessman mostly known due to his contribution in making sure that talented startups are offered a platform to sufficiently showcase and nurture their ideas. Baur holds an MBA as well as an Executive MBA from the Rochester and Bern Universities respectively. The business magnate boasts of over 15-years’ experience in the Swiss banking sector.
His bold move to drop his long-spanning career in the banking sector to enter into private business shocked some people. He founded the Swiss Startup Factory which supports young entrepreneurs to implement their ideas into formidable businesses. Baur supports the companies both financially and by mentoring to the budding entrepreneurs.