The Swiss business world is diverse and there are many openings that the youth can tap. This allowance has inspired many young entrepreneurs to come up with ideas that are transforming the way they do business. One of the latest projects that are helping startups to experience growth is the Swiss Startup Factory, an idea that was conceived by Mike Baur, a former banker.
Mike Baur explains that the idea behind the formation of the Swiss Startup Factory is the need to offer young entrepreneurs a chance to excel and make the best of their ideas. The company offers office space and a platform on which startups can launch their ideas and nurture them to maturity. Mike Baur has invited professionals from different bodies, who help in the incubation process. He also works with leading entrepreneurs who have made a name for leading successful startups and managing established businesses.
Coaching and demos
The Swiss Startup Factory offers the startups a chance to get direct coaching support from renowned entrepreneurs and experts who have had prior experience with businesses of a similar kind to the ones presented by the startups. These professionals offer the startups a chance to explore the different markets available and give them the knowledge demanded of by the market. Most importantly, they have demo days where the startups get a chance to experience the real situation in the market.
IT and Accounting support
Marketing is also an element of business that cannot be overlooked. This is one of the areas the Swiss Startup Factory works on to help the startups manage their finances and marketing better. The company invites professionals from different areas who come with tools and skills that push them towards achieving success and stability. Mike Baur has also invited law firms to offer legal services to the startups.
Read more about his interview on founderstories.com.
Post accelerator support
The fact that a startup goes through the three months incubation process to completion does not mean they are fully able to handle the challenges the market offers. In fact, at this point there is need for more support and monitoring and this is exactly what the post accelerator support offers to ensure all what was taught is put into practice.
The founder and head of the Swiss Startup Factory, Mike Baur celebrates his decision to enter into entrepreneurship and nurturing young entrepreneurs. He pursued Banking and Finance and went ahead to acquire an MBA, which saw him hold a top position in the private banking sector of Switzerland. He changed his career in 2014 and became an entrepreneur.