Wagga local Dianna Somerville had one such idea, but rather than dismissing it as a whim, she jumped on the opportunity to take it further.

Now, 14 months on, she is a successful regional entrepreneur and is giving locals a chance to become the same.

After trying her hand at farming, Ms Somerville quickly realised it was business where her passion lay. She traded in her pitchfork for a suit and formed her own business, RGTC Group, that helps budding new companies grow.

One of Ms Somerville’s first initiatives for RGTC Group is the Regional Pitchfest, a Wagga-based event that will give eager locals a chance to pitch one great idea to a judging panel.

Ms Somerville said she created the event as a platform to encourage those in regional areas to take the first step to becoming a regional entrepreneur.

"Ideas are great, but they’re not worth anything if you don't do anything with them,” Ms Somerville said. “This is people's opportunity to get up and have a go.

"It can be a scary thing to put an idea out there, but nothing great can happen unless you take that first step. believe in yourself and have a crack, because otherwise you'll always wonder.”

In a model similar to that of the popular television series Shark Tank the winner will receive $5000 to help them transform their idea into a reality.

Held at The Civic Theatre on June 29, applicants will sell their fledgling idea to a panel of expert judges and an audience.

Ms Somerville said Wagga was the perfect place to test creative ideas and ventures.

"There's a really big shift in entrepreneurial culture here in Wagga,” she said.

“I really want to push Wagga as a centre for these new innovative businesses.”

Founder of 365cups Simone Eyles, who will be a judge on the Pitchfest panel, said she would be looking for a product that was original and would be valuable to a wide range of people.

"I’m looking for someone who has a problem and has developed a solution to that problem,” Ms Eyles said.

“I don't care if it's a business, a product or a service, as long as it’s effective and marketable.

"I would strongly urge anyone who thinks they have a great idea to enter, because you don't want to be on your deathbed thinking you let a great opportunity pass by.”

Applications for Regional Pitchfest are open and can be made on the website.