The event at St Paul's School in Emsworth Crescent is being organised by Wolverhampton City Council's Neighbourhood Services Team in partnership with St Paul's Church, Pendeford Action Liaison Scheme (PALS), Aldersley High School, St Paul's Primary School, Access to Business and the Prince's Trust.
Business experts will be on hand to offer advice - and the person who comes up with the business idea judged to be the best on the day will get a £250 prize and ongoing mentoring support to make their idea a reality.
The event opens at 3pm and visitors will have the chance to buy products and services from a number of local entrepreneurs who will be running stalls on the day, including arts and crafts, jewellery, cake decoration, beauty treatments, floristry, natural health products, fashion and complementary therapies.
Councillor Elias Mattu, Wolverhampton City Council's Cabinet Member for Leisure and Communities, said: "If we want greater prosperity and better opportunities in life for everyone, we have to build them from the grass roots upwards.
"That's why events like this are so important. They give anyone in the community who has a good business idea the chance to test it out, to get expert advice and to find the inspiration they need to take it forward.
"This is also a great opportunity for the whole community to get together and to celebrate its creativity and energy".
Anyone interested in taking a stall at the event should contact Reverend Jim Perry on 01902 562133 or Manjit Cheema on 01902 556625.
- released: Monday 22 September, 2014