Reddit mentions of Suede Microsuede Upholstery Fabric-Black- 58" Sold By The Yard -Passion Suede

I created mine by getting one of these:

http://www.target.com/p/elmers-trifold-corrugate-project-display-board-28x40/-/A-15058100?sid=1347S&ref=tgt_adv_XS000000&AFID=google_pla_df&CPNG=PLA_Seasonal+Shopping_Local&adgroup=SC_Seasonal&LID=700000001170770pgs&network=g&device=c&location=9025455&lsft=gclid:COKZq4D-0ckCFY0XHwodI5MGYA,gclsrc:aw.ds&gclid=COKZq4D-0ckCFY0XHwodI5MGYA&gclsrc=aw.ds

then getting some black microsuade (grips the ship bases REALLY well and looks slick):

http://www.amazon.com/Suede-Microsuede-Upholstery-Fabric-Black-Passion/dp/B008G3HBI2

then using some spray adhesive I attached the suade to the posterboard, then taped it around on the back for extra strength. Since the board is 4"x3", i made a 6" boarder trim along either side with some other fabric, great for putting out cards and all. And the whole thing folds up and is super lightweight. Been using it for about 6 months now and its still doing great!

http://i.imgur.com/mz2QvdFh.jpg