The Swiss Startup Factory, a pool of innovators and great minds, is a platform that was launched by Mike Baur in 2014 as part of his journey in entrepreneurship. Most of the ideas that have been nurtured on the platform are currently strong businesses that are competing well in the market and the application to join the platform is open for all kinds of entrepreneurs as long as the idea presented is tenable.
Mike Baur is an investor who has amassed a wealth of knowledge in different areas of business, particularly banking, where he had spent at least 15 years. After exiting the Swiss banking industry in 2014, he went straight and launched the Swiss Startup Factory to help upcoming entrepreneurs get a platform where they can nurture their ideas and receive professional support from leading experts in the business world. To appreciate his input in supporting entrepreneurship, here are things that the Swiss Startup Factory is offering to upcoming entrepreneurs.
International ecosystem for startups
To make it easy for startups to emerge triumphant in the industry, the Swiss Startup Factory has created an ecosystem that draws them closer to other learning environments that relate with their ideas. The company has partnered with top Swiss learning institutions that have been offering startups professional and technical support. The environment also defies the odds that come with borders by opening up a world where the startups can get information from other jurisdictions.
One of the things any business will not survive with is marketing and this is not a preserve of every entrepreneur. Therefore, it is necessary to impart marketing skills to entrepreneurs so they can handle the challenge without necessarily having to rely on a third party. This is vital considering most startups can barely afford the high cost of marketing.
Access to funding
The Swiss Startup Factory offers a three months incubation program, after which the startup is released to stand on its own. At this stage some lack finances to advance their agendas, so the company has invited successful entrepreneurs and venture capitals that are willing to invest in any successful ideal.
About Mike Baur
Mike Baur is a former banker who has worked in the Swiss private banking industry for more than 15 years. He holds an MBA and an Executive MBA and his passion for business pushed him to leave baking at 39 years of age in 2014 and he established the Swiss Startup Factory, which is working with startups to mold them into businesses.
Learn more: https://fintechfusion.ch/2015/11/13/mike-baur-ceo-swiss-startup-factory/
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Social media presence is one of the keys to a positive online presence. Opening of social media accounts, helps protect your business from bad online reputation, arising from identity theft. Additionally, it may help you bury down negative results, on your business, found on various search engines. Particularly, if you keep active and link the various accounts and posts to your business website.
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A record sum has been awarded to an unknown-to-the-public whistleblower. A client of the law firm Labaton Sucharow has been named as recipient of the second-largest whistleblower award in United States history. The amount of the award is in the $17 million range. $17 million is an enormous amount to issue for a report on wrongdoing, and the amount likely is well-earned. Reports of wrongdoing are needed in order to put a stop to such behavior.
Without the help of whistleblowers, the financial world would be like a lawless wild west town. No order exists and rules and regulations become optional.
The Securities Exchange Commission (SEC) is tasked with overseeing a tremendous number of rules and regulations. One would think with all the laws on the books, people in the financial industry would be more honest. The penalties for violating the various laws are serious. Violations occur because they are hidden out of plain sight. Not very many people are privy to actions such as securities fraud, insider trading, bribery, and more. It is not as if those who violate such laws broadcast their actions. Since so few know what is going on, the SEC cannot act to sanction those who committed illegal actions.
This is where whistleblowers can step up and do a good service on behalf of the SEC and for their fellow citizens. The SEC points out several of the reasons why whistleblowers are so important. When illegal violations of the law occur, honest and innocent investors end up being hurt. Some may end up losing their retirement or other savings due to criminal dishonesty.
The SEC also points out, correctly, it is necessary that the public maintains a good perception of the United States’ capital markets. Assumptions that the system is corrupt or rigged does not help maintain harmony among the population.
Whistleblower protections were written into law through the famous Dodd-Frank legislation. The law also includes provisions for whistleblower rewards, rewards that might come in monumental amounts. Those wondering how they can come forward and reveal wrongdoing should discuss such things with an experienced SEC whistleblower attorney.