Mike spent almost 20 years in Swiss Private
Banking and made his way up from a commercial apprentice at UBS to an executive
board member of a large Swiss Private Bank. In 2014 at the age of 39, Mike
started his entrepreneurial journey and founded together with his two partners
the Swiss Start up Factory which is the No1 independent and privately financed
early stage ICT Startup Accelerator in Switzerland. Mike invests a lot of time
in the Swiss youth entrepreneurship and supports various Swiss Startups both
financially and as a mentor. He is also Co-Founder and Director of the Swiss
Startup Association. Mike holds a MBA from University of Rochester New York as
well as an Executive MBA from University of Berne.
One
of Leonteq's founders has decided to join Mike Baur's Swiss Start Up Factory as an investor
and adviser to companies hoping to establish themselves in the market.
Two
years ago, Michael Hartweg gave up his operative role at Leonteq and
has since sold his stake in the derivatives specialist.
Today,
he's joining the ranks of those who dropped out of the day-to-day finance
business: he becomes an investor in the fledgling fintechindustry,
joining Swiss Start Up Factory (SSUF), the company said in a statement.
Hartweg will coach founders and companies in the fintech business.
Selecting
the Best
MikeBaur, a former banker at
Clariden and Sallfort, founded SSUF with the purpose to support young
entrepreneurs specializing in digital technologies.
Hartweg,
44, will invest in carefully selected startups developed from within the
«factory», SSUF said. He will earmark those startups with potential for
investors, evaluate and coach them during their development.
Accelerator
Program
SSUF
is planning to launch an accelerator program this summer, focusing on fintech
companies. Baur's firm is working hand-in-hand with the Geneva-based
fintech-accelerator Fusion.
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