Girded with 20 years of experience in the Swiss banking industry, Mike Baur founded the Swiss Start-Up Factory in 2014. SSUF is a business that as its names employs looks for promising, young startup companies-particularly in the digital industry-and partners with them to help them become successful. Each three-month uniquely tailored program involves coaching, mentoring, office space, and an entrepreneurial network. The program will also give clients access to many potential clients, partners, and investors.
One of the world-class staff members of SSUF is Michael Hartweg. He has much experience as a founder and former leader of Leonteq. He now helps SSUF counsel, mentor and advise other young entrepreneurs. Right now the primary concentration of SSUF is Fintech startups. Fintech is a similar company to SSUF in that it seeks to help young startup companies to succeed. However, Fintech’s primary concentration is in the financial services industry. This means that they help startups in all manner of different segments of the industry.
Their three most common are banking, insurance, and commodity trading. And this concentration is not limited to any one area. Fintech is ready, willing, and often does help promising startups in the financial marketplace all over the world. This stems from Fintech Accelerator Fusion and SSUF having formed a partnership earlier this year. Hartweg will be a big support in this process, although it is not clear whether or not he will serve as a leader in this process.
The two companies will work toward the goal of bridging the gap between French and Swiss German industries. The two companies will double their powers to guide Fintech’s client companies toward this end. Fintech Fusion was founded by Guillaume Dubray who along with Mike Baur led the two companies into this historic cooperation. The two companies represent the two segments-French and Swiss German industries-that they are seeking to unite. They hope that their example in itself will instigate most of the bridging. But the two men agree that this is only the beginning stage of what they are planning.