Richard Stang

Current

Founder at NewDay Power
Business Development at Fraunhofer Center for Research in Computer Graphics
Owner at Business Innovation Group

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Past

General Counsel, Secretary at GRX Technologies
General Counsel, Executive Committee at Rhode Island Economic Development Corporation
Attorney at Adler Pollock & Sheehan

Attorney at Kelley Drye & Warren LLP

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1 more...

Education

Boston University School of Law

Recommended

1 person has recommended Richard

Connections

56 connections

Industry

Marketing and Advertising

Websites

Richard Stang’s Summary

Richard Stang co-founded Business Innovation Group to help companies realize rapid business growth by Mastering the Innovation Process.

Richard founded NewDay Power to leverage his 19 years experience in the energy project finance and project development industry in both the private and public sector.

As Managing Director, Richard has over 18 years professional experience in technology and product commercialization; pilot program and beta test development and execution; national and international strategic sales and business development; channel partner creation, development and implementation of fully integrated marketing plans; project management; and strategic planning for companies ranging in size from start-ups to international organizations.

Richard Stang’s Specialties:

Richard has leveraged his training and experience as an energy and business law attorney in finding strategic solutions to new and complex business situations. Richard has developed a sharp, analytical skill set and disciplined process to hone proprietary technology, product commercialization, and financing models, visualize unique business opportunities and relationships, and formulate, and execute upon, strategic marketing plans and business development arrangements and partnerships.

Richard Stang’s Experience

Founder

NewDay Power

(Renewables & Environment industry)

August 2008 — Present (1 year)

NewDay Power is in the business of financing distributed wind energy facilities through long-term power purchase agreements with the enterprises that would purchase the electricity generated from these facilities.
Business Development

Fraunhofer Center for Research in Computer Graphics

(Marketing and Advertising industry)

2005 — Present (4 years)
Owner

Business Innovation Group

(Privately Held; 1-10 employees; Marketing and Advertising industry)

January 2003 — Present (6 years 7 months)

Richard Stang co-founded Business Innovation Group to help companies realize rapid business growth by Mastering the Innovation Process.

As Managing Director, Richard has over 18 years professional experience in technology and product commercialization; pilot program and beta test development and execution; national and international strategic sales and business development; channel partner creation, development and implementation of fully integrated marketing plans; project management; and strategic planning for companies ranging in size from start-ups to international organizations.
General Counsel, Secretary

GRX Technologies

(Privately Held; 11-50 employees; Insurance industry)

2000 — 2003 (3 years)

Primarily responsible for negotiating and documenting all strategic licensing and sales programs, operational management and compliance, and acting as lead negotiator for two private equity financings.
General Counsel, Executive Committee

Rhode Island Economic Development Corporation

(Government Agency; 51-200 employees; Government Administration industry)

1996 — 2000 (4 years)

Richard was a member of the executive committee to the state of Rhode Island’s Economic Development Corporation where he was personally responsible for formulating and implementing business development initiatives in the technology, energy, insurance, and financial services industries, overseeing project management of several high profile development projects, and acting as the corporation’s legislative and governmental liaison.
Attorney

Adler Pollock & Sheehan

(Partnership; 51-200 employees; Law Practice industry)

January 1993 — December 1995 (3 years)

Energy and Business Law Attorney working on various energy project development and energy project finance and business law transactions. Outside legal counsel to RI Economic Development Corporation ("RIEDC"), which activities included drafting and lobbying for legislation related to mission and activities of the RIEDC and development of RIEDC's Quonset Point/Davisville Commerce Park, including conversion of this facilities steam plant into a co-generation facility.
Attorney

Kelley Drye & Warren LLP

(Partnership; Law Practice industry)

June 1989 — December 1992 (3 years 7 months)

Energy and Business Law Attorney working on various energy project development and energy project finance and business law transactions. This included representing developers of several combined cycle, gas-fired, cogeneration plants financed through long-term power purchase agreements with public utility companies.