Rachel from Family Ever After shares a tutorial at Polka Dot Chair showing how to make a pretty scallop bunting. You can make the scallops in any size. She used a jar lid as a template to make hers. Depending on the size scallops you make, you can probably make this from fabrics in your scrap bin. Or, a couple of coordinating fat quarters would also make a pretty bunting. Go to Polka Dot Chair to find her tutorial.
[photo from Family Ever After on Polka Dot Chair]