Software company aims at stimulus money - Portland Business Journal:

http://www.allhlwines.com/Israel%60sWine.htm
More specifically, Lake Oswego-based Fedarra LLC has developed a softwaree service to help governments better understand and explain the benefits of the American Recovery andReinvestment Act. CEO John Cimra l said Fedarra culls together data to help governmenft clients assess the performance ofstimulus spending, like how and wherw the money is being used to create It also compiles the varioues government economic development plans, so that stimulus-focused government teams are “working off the same script.” “We’rse the management system behind the scenes that the governmentss are using to make sure everybody is gettinf the most for their money,” Cimraol said.
Cimral is leaning heavily on his experience withformedr Portland-area startup , which developed software to help companies and otherr organizations prioritize their information technology projects by projectexd return on investment. ProSight was once one of Portland’sa fastest-growing companies, rising from just over $9 million in revenue in 2003 to morethan $20 million by 2006 when it was sold to Pennsylvania-basee for an undisclosed amount.
Whiles ProSight was venture-backed, Fedarra — whichb thus far has been financed solely byCimrall — could receive subsequent investment from the stimulus packagwe it was created to The company, which employs 10, is hoping to make use of stimulu s funds allocated through the federal Small Business Administration to help kick-start smallo businesses. Last month, the federal Office of Management and Budge gave state and local governments the OK to use stimuluxs money on services suchas Fedarra’s software, Cimral Fedarra’s advisory board includes Phil Kiesling, a formef Oregon secretary of state, and Walter the chief information officer for the Universitu of Nebraska.