The Swiss entrepreneur, Mike Baur, was born and raised in Fribourg, Switzerland. In his teenhood, Mike developed a keen interest in the workings of finance and banking and landed a job in the Swiss private banking industry after his college education. He began working as a commercial apprentice at UBS and is currently an executive board member of a leading Swiss private bank. He is a holder of a computer science degree from Harvard University, an MBA from the University of Rochester in New York and an excellent MBA from the University of Bern. Mike is an active supporter of the Swiss youth entrepreneurship program that supports various Swiss establishments financially and morally.
In December of 1992, Mike Baur started ScanSource incorporation in partnership with a team of five other members. He leads the company as its president since 1992 and also serves a member of its board of directors since his appointment in 1995. In 1994, the firm completed its IPO and earned the status of a Fortune 1000 company with sales of over $3 million recorded annually. In 2002, the company opened more offices internationally and currently has regional branches in Europe, North America and South America. ScanSource has a total of 43 offices internationally and approximately 2200 employees.
In 2014, Mike established the Swiss Startup Factory in partnership with two of his colleagues, Oliver Walzer and Mike Meister. The firm specializes in providing start-up enterprises with funds, services, training, mentoring, office locations, and connections to a significant investment and entrepreneurial network in Switzerland and across the world. The firm offers a three-month long program to interested candidates and avails the best coaches and mentors in the market to the subscribers. With the leadership of the trio, the firm has grown to be the leading independent and privately funded startup with the fastest growth rate in Switzerland.
Mike led the company’s accelerator program in partnership with Goldbach group in early 2016 and also in February 2016 when it partnered with Fintech Fusion. When the Swiss Startup Factory began operating, Baur became the assistant deputy managing director of the CTI investment. The accelerator program received a boost from Micheal Hartweg, who offered to assist in the evaluation exercise of the process. Swiss Factory partners with Fusion to reduce the gap between Swiss German parts in French and Switzerland. Mike commented that the partnership is a boost to Swiss’ efforts to focus its resources and skills in the business across nations with differences in language.