Educational and musical performances, patriotic performances, student historical readings and essay and art recognitions will be held throughout the morning.
The grants, awarded to nonprofits, schools and local governments, will fund educational and celebratory programs that highlight Mississippi's role in American history.
The nationwide effort is led by an alliance of journalists, nonprofit leaders and other supporters who want to highlight the value of reliable local reporting.
The two-day festival stretches from Pine Hill Avenue to Blaylock Park and the Historic Stone County Courthouse. It is hosted by the Stone County Economic Development Partnership.
The effort is aimed at building support for Senate Bill 2614, which would give county law enforcement the authority to use radar for speed enforcement.