A £50,000 spectacular will herald Huddersfield's festive celebrations - and put the town in the spotlight.
The money will be spent on a Festival of Light "extravaganza" next Thursday.
And council leaders hope it will be a showcase for future events for the town.
Thousands of people are expected to pack St George's Square for the show.
And they will be joined by many potential investors and developers as the council bids to give Huddersfield a whole new image.
Clr Ken Sims, Kirklees Council's Cabinet member for regeneration, today confirmed arrangements for the £50,000 extravaganza for next week's Festival of Light in Huddersfield.
The crowds will be entertained by musicians and trapeze artists suspended hundreds of feet above St George's Square.
The show is by internationally-renowned French performers Transe Express.
Clr Sims said: "We are delighted to be able to bring this world class show to Huddersfield. It is events like this which are really putting this town on the map as a regional centre."
The Festival of Light is now in its third year, and has enjoyed an increasing number of spectators and supporters since it started in November 2004.
Timed to coincide with the opening of the Huddersfield Contemporary Music Festival, last year's show attracted more than 4,000 people into St George's Square for a spectacular Spanish-style firework parade.
Organisers of this year 's show are expecting spectator numbers to swell further still as people clamour to see this world-famous show, previously performed beside the Sydney Opera House.
Clr Sims said: "Nearby cities have been using events on this scale to attract visitors and the confidence of inward investors for years. You only have to take a look at Leeds and Manchester to see how it has paid dividends for them.
"High quality events like this, and the superb ice rink currently taking shape on the Piazza, are breathing life and vibrancy back into Huddersfield.
"It is this level of commitment from the council that we want prospective investors in the town to see."
Special invitations have gone out to funding agencies, business contacts, those with investment interests in the town and prospective developers.
Clr Sims added: "After a year of unprecedented investment interest in the town we are keen to showcase to the commercial world just how creative Huddersfield is.
"We are delighted that more than 200 industry professionals have confirmed they will be joining us on November 16, when we intend to not only tell them, but show them, how truly great this town is.
"This show is unlike anything else you are likely to see in Yorkshire this year, and sends a clear message that here in Huddersfield we're making culture our business."