In Switzerland, one of the people who knows a lot about the startup industry in the country is Mike Baur. He is the cofounder of a startup incubator known as Swiss startup Factory. This is a firm that is dedicated to transforming the startup businesses industry in Switzerland. Switzerland is a country that has embraced tech- businesses in a big way. In Zurich and other cities in the country, numerous businesses have been set up. The intention is to have a business environment that is driven by small business which offers great solution to the people in their surroundings. Startup industries are good for an economy since they support the business environment to come up with alternative solutions. Unlike big corporations, startup business mostly focuses on providing innovative and alternative services to those provided by the big corporations. For any economy to thrive in the best way, startups play a huge role.
Switzerland leads the way for other countries in Europe and the world in general. The tech businesses in the country have been booming with activities while in other countries many businesses are still battling the effects of the global economic recession. The advantage the industry enjoys is that Switzerland is has a very cool political environment and the infrastructural development have also been very good. The supporting factors for a healthy business environment are available in the country. It is upon the people now to come up with business ideas.
What role does Mike Baur and the Swiss Startup Factory play? Mike Baur is the co-founder of this firm. The firm deals with providing training and mentoring to budding entrepreneurs who would like to make their startup businesses to thrive. Mike Baur who has been working in the banking sector for many years opines that; most startup businesses fail due to lack of adequate skills and training on the part of the entrepreneur.
Mike Baur wants to fill the gap that exists in the industry. With Switzerland being a startups hub, there is need for entrepreneurs to have the right knowledge that will move their digital businesses from the startup level. In future startup businesses should be in a position to rival the big corporations. The best way they can do this is by coming up with alternative solutions for the consumers and ensuring that they do not die off in the first few years of opening business doors.