Many individuals have come up with initiatives that support creativity and the ability to come up with products that can cause a revolution in the market, but none has done it better than Mike Baur. Mike Baur is a professional who worked in a senior position as a banker for about 20 years before he moved out of banking to start his journey as an entrepreneur. In his new journey that began in 2014, Mike Baur has been working to support entrepreneurs who have good ideas but lack either skills or the funds needed to push the project forward.
When he joined entrepreneurship, he did not have an idea how big the project would grow to become the best incubation facility in Switzerland. The Swiss Startup Factory works with entrepreneurs in various categories by supporting their quest for growth and attainment of their goals. It is a company that is focused on delivering ways through which young entrepreneurs can navigate the complex world of business.
Accounting and legal support
At the early stages of a business, there are legal requirements that have to be fulfilled before the business is fully chartered to operate. Even then, it has to make sure it operates within the required legal framework and no contravention of the agreement laid earlier is made. Understanding the legal requirements the business has to comply with may not be in the domain of the entrepreneur at the beginning but after some legal education they can get ideas about how things work. Same thing applies to accounting processes. The Swiss Startup Factory makes sure the entrepreneur understands all the requirements that the business has to fulfill to proceed well.
Post accelerator support
Going through the incubation process to completion is not enough to mean the entrepreneur cannot make mistakes. After the three months of incubation, the Swiss Startup Factory offers three months incubation that ensures the business follows all the ideas shared during incubation. Mistakes may also happen and in the absence of a professional the entrepreneur may find it challenging to learn about the market.
More about Mike Baur
As a successful entrepreneur, Mike Baur is looking forward to supporting more entrepreneurs through the Swiss Startup Factory. He started in 2014 but the progress he has recorded is massive. Mike Baur attended the University of Rochester, where he earned an MBA before he later joined Bern University to graduate with an Executive MBA.