Michelle DeBlois and Kathryn Lariviere, both middle school teachers, founded LiteracyTech, Inc. with Peter Janett, a web application developer. Their vision was to create a web-based application called ReMo that would bring educators and students together in the independent reading process. ReMo streamlines the obsolete data management associated with literacy education and helps students engage with books they’ll love.
Michelle DeBlois approached the Maine SBDC as a Top Gun participant. With a business plan written, they needed assistance in creating a financial path forward. Michelle and Kathryn worked with Business Advisor Raynor Large to analyze startup costs, sources of funding, revenue growth, and monthly projections. This analysis and planning process led Michelle and Kathryn to take several big steps forward. They were awarded a grant from the Maine Technology Institute, won the Top Gun pitch challenge, and now have the confidence to move forward into the next phase.
SBDC was instrumental in providing us with the expertise we needed to grow as a business and compete for funding taking our company to the next level.