Most start-up businesses fail to pick up to due to financial constraints and the limited access to proper advice. Most of the entrepreneurs, especially the young entrepreneurs lack both capital and the expertise necessary to run successful business ventures. There are many challenges involved in setting up a new business as a beginner entrepreneur.
The Swiss Startup Factory is a privately funded accelerator based in Switzerland that has embarked on a journey to support beginner entrepreneurs on their quest to realizing their visions. Young entrepreneurs all over the world require a platform where they can receive the necessary guidance required in setting up successful business ventures. The firm’s conviction is what motivated Mike Baur and his colleagues to co-establish the Swiss Startup Factory. The Swiss Startup Factory (SSUF) was founded in 2015 to offer unique business solutions to young entrepreneurs. The entire accelerator program is financed by Mr. Baur and his partners.
The young entrepreneurs go through an ambitious three-month accelerator program that has eight clearly defined milestones. While undergoing the accelerator process, the entrepreneurs receive funds and recognition from the SSUF team in the areas of marketing, strategy, law, sales, finance and technology. Besides that, the entrepreneurs undergo a mentorship program whose main aim is to link the young entrepreneurs with their mentors from various industries.
The entrepreneurs also get the opportunity to interact with the investors and other strategic external partners. The young entrepreneurs have both resources and the knowledge that allows them to build their business ideas and to establish their business ventures into the market. The accelerator program is not only good for startup teams but also for established entrepreneurs who want to expand their knowledge about running successful businesses.
About Mike Baur
Mike Baur, who is one of the founding partners of Swiss Startup Factory, has had a long and fruitful career in helping various businesses to achieve financial success. He started off his career as a Bank professional where he issued loans to aspiring entrepreneurs. He also provided banking and financial services to business. Mr. Baur would then participate in startup investing that was highly profitable.
Both his experience as a bank professional and investing in startups gave Mike an idea of starting his own business. Mike quit his long career as a banker in 2014 and started Swiss startup Factory with three other investors. So far, the company has experienced tremendous growth which, has added to Mike’s track record of offering valuable assistance to businesses in Switzerland.