Mike Baur is offering young entrepreneurs a platform where they can launch and manage their startups. The Swiss Startup Factory is a facility that is incubating ICT startups that are talented and aligned to the path of making a change in the world. Launched in 2014, the facility has to date incubated hundreds of startups that have grown into established companies across the country.
The Swiss Startup Factory offers upcoming entrepreneurs access to a pool of experienced and highly skilled professionals, who contribute to the development of the startups by offering a one on one mentorship session and tools for testing of the ideas. To avail the requisite infrastructure, the Swiss Startup Factory has partnered with universities across the country in a bid to get resources that can help the startups implement their ideas.
Digital business strategy
The business world has changed and over the years, more businesses have invested in making changes that are in line with the new requirements. Adapting to the digital environment and ensuring a business is always prepared for change enhances competitiveness. Through the digital business strategy provisions, the Swiss Startup Factory is allowing startups to strategist for the changes about to happen and the entrepreneurs are equipped with special skills to help them push their digital agenda.
Staffing and goal definition
Every business should have a goal and a staffing strategy that works in tandem with the goals. Through the Swiss Startup Factory, startups are equipped with skills that offer a definite approach to staffing and goal definition procedures that are aimed at strengthening the business. The role of staffing extends further to getting solutions to different problems that often lead to losses in a business.
The Swiss Startup Factory offers an acceleration program that is included in the incubation period of three months. Once this period is over, startups are released to the market so they can implement the things they have learned in the process. However, a startup is not left to run without support for the first five months, reason the Swiss Startup Factory offers the post-accelerator support to oversee the implementation of different concepts acquired during the incubation period.
Read more about his interview on Founder Stories.
Born and raised in Fribourg, Mike Baur is a professional whose career has brought light to many aspiring entrepreneurs. He started as a banker and worked for almost 20 years. In 2014, Mike Baur made a bold move that saw him enter the world of entrepreneurship. He formed the Swiss Startup Factory, which has for two years now been offering support to startups within Switzerland.