A grassroots financial literacy organisation will host a fundraising concert featuring local musicians and Grammy Award-nominated talent.

Zach Wilson, the founder of the Lumina Festival, promised “an incredible night of R & B soul music” this Saturday during the Solara Unplugged music festival.

Several Bermudian musicians will be spotlighted, with proceeds helping fund the upcoming Lumina Festival in May.

The intimate setting was said to be a taste of a larger show after the next Lumina Festival in May.

Mr Wilson said: “Coming from the music industry and working in music at the highest level for about five or six years, I’ve been blessed to see artists start from the inception of their careers all the way to stardom.”

“There’s so many young Bermudians who simply just need more opportunities, so to be able to create a platform to highlight them and be a bridge to give them opportunities, I’m excited to do.”

He added: “Saturday night is just the start — we’re going to do it on a much bigger scale in May.

“We need the full funding for that and this is just a small step towards the right direction.”

The Lumina Festival was conceived last year as a mix of financial education and cultural celebration.

The group held its first festival in September and more than 500 people attended for a week of talks and discussions about how the average person should treat their money.

Mr Wilson said Solara Unplugged, which would take place at The Loren Hotel in Hamilton Parish, offered a platform to highlight Bermuda’s arts scene.

He explained: “There have been so many incredible people who have come before me that have highlighted and created stages for local artists and I’ve been inspired by them.”

Mr Wilson said local acts would include Demara Maybury, Gavin Smith, Quinn Kayo, Singabwoy — and himself.

He added that Solara Unplugged would feature Shélea, an internationally acclaimed musician who has shadowed under music titans such as Stevie Wonder and Quincy Jones.

Shélea has performed at the White House and Carnegie Hall, and was nominated for a Grammy for her role in a 2008 rendition of the song Someone Watch Over Me.

Musical direction will be led by Justin Wilson, a Grammy Award-winning Bermudian composer known for blending soul, pop, jazz and classical music.

The Lumina Festival will start on May 20, with the larger Solara concert happening the following day.

Additional workshops will cover investment and music publishing.

Mr Wilson, who hopes to raise $15,000 at the concert this Saturday, aims to supplement the budget with grants. Lumina has obtained a temporary charitable licence and is accepting donations.

André Roberts, the general manager of The Loren, said: “One of our longstanding pillars is art, community and culture, so when Zach came to us with this idea for the Lumina Festival — and specifically Solara Unplugged — we were more than happy to jump in and see how we could support.”

Eugene Dean, who heads Spanish Town Entertainment, the audiovisual partner in Solara, added: “Our organisation has always been cause-oriented and as a result we’ve tended to support initiatives that add value to the community and address community needs.

“When we spoke to Zach about his whole programme around financial literacy and intertwining that with culture and the arts, that’s something that very much aligns with our purpose.”

Donations can be made at the Butterfield Lumina Holding account 0604157610012.

Solara Unplugged will be held at the Marée Lounge at The Loren from 6.30pm to 10pm.

Tickets start at $149 and can be purchased online through the Solara Unplugged Lovable app.