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Article: Streets paved with Olympic gold: Munson Steed has 'hurdled' great opposition to create a groundbreaking municipal marketing concept that means millions for Atlanta. (street vending cart and space monopoly)
- Article from:
- Black Enterprise
- Article date:
- July 1, 1996
- Author:
CopyrightCOPYRIGHT 1996 Earl G. Graves Publishing Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Talk about working your way up from the streets. A few years ago, budding entrepreneur and former street vendor Munson W. Steed was on the outside looking in as Atlanta locked up million dollar corporate sponsorships for the upcoming Olympic Games. But a little ingenuity and a lot of effort put Steed in the driver's seat. Now he's working with those same city officials and corporate sponsors to get a rather large piece of the Olympic pie for himself
Steed, the 34-year-old president of B.G. Swing Games Management Co., devised a plan in 1994 to lease the city's parks, sidewalks and street corners to corporations for vending purposes. At a price tag of $10,000 to ...
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