Mike Baur has done what many have not been able to achieve for a long period of time. He launched an incubation facility that is empowering startups and making entrepreneurs from ambitious professionals with great ideas. Through the Swiss Startup Factory, Mike Baur has managed to support hundreds of startups through the three-month incubation program offered at the center. The program is run through support from leading professionals and covers all industries and specialties.
Before launching the Swiss Startup Factory in 2014, Mike Baur was working as a banker. Having served for at least 15 years, he quit his position and entered into the world of entrepreneurship. His idea of supporting as many startups as possible seems to be working excellently since most of the startups that have gone through the program are performing remarkably well.
1 on 1 mentor sessions
Before startups are released to join the market, there is a mentorship session that is run by the Swiss Startup Factory. This process is handled through an open dialogue where the startups are exposed to the details about the environment they are about to get into. They are also allowed to share their experience and ideas through questions and suggestions.
Matured startups also need mentorship and support so they can fully achieve their goals. This is one of the areas the Swiss Startup Factory caters for during the incubation period. Startups that seem to have gone through all the initial steps successfully are introduced to the growth accelerator and allowed to fully exploit their capabilities. The program offers access to financing, business development models and management skills.
The process of supporting a startup does not stop once the three-month incubation program comes to an end. There is post-acceleration support that lasts five months after the startup graduates and this is the stage where most of the knowledge acquired is applied to test the performance of the startup. During this duration, the startups are likely to make mistakes since they are new to most of the concepts introduced earlier. The Swiss Startup Factory intervenes to ensure no mistakes are made during this process.
About Mike Baur
Mike Baur, a professional whose ideas have changed lives, is devoted to supporting upcoming startups through the Swiss Startup Factory, which was established in 2014. Before choosing this industry, Mike was serving in the banking industry, where he worked for over 15 years. He is now into entrepreneurship and ensuring upcoming entrepreneurs receive all the support they need to scale their ideas to greater heights.