In 2014, a name named Mike Baur created something that was entirely unique to digital business building. He created a company called Swiss Start Up Factory (SSUF)that has a sole purpose in helping young entrepreneurs in building their companies. SSUF follows a three-month building sequence to coach, monitor, and get investors for them. For example, there is a bike company that has a fresh new way of making a portable bicycle, what the Swiss Start UP Factory will do, is they will do all the things that will make it become successful in a three-month period. SSUF is based in Zurich, Switzerland.
Mike Baur is a former banker at Clariden and Sallfort. Including his occupations at the two firms, he has been in the banking industry for over twenty years. His expertise from his banking assists the startups with their fundraising and financial rounds. To be specific, his roles at Swiss Start Up Factory help new startups with bookkeeping, invoice management, payroll management, financial statements, tax and VAT reporting, cash flow reports, progress, and financial health reviews.
Starting in January of 2016, Mike Baur became the deputy managing director of CTI Invest. He takes the spot that was occupied by Jean-Pierre Vuilleumier, who is the current managing director of CTI Invest. With this, Vuilleumier will assume the position as a managing partner for Swiss Start Up Factory. The two men hope that the two companies will form a new-found development between them. SSUF will help the CTI Invest with co-organizing events and training for startups. CTI Invest will assist with the pre-selection of the most qualified startups, and they will also coach the startups that have brought on by SSUF. The two companies already have various podcasts that they have uploaded, and they have made videos together that promote the networking if Swiss startups. CTI Invest is a prominent financer of Swiss startups. CTI has over 100 investors, and they have various days throughout the year where they help Swiss companies network and promote themselves. CTI Invest also have over ten years of experience in helping startups around Switzerland, and they have been noted for being a key role in promoting them.