Bondholder Déda is to receive a 44% increase in funding from Arts Council England.
Déda will continue as an Arts Council England National Portfolio organisation and receive £1,373,496 between 2018 and 2022 which is an increase of £105,000 a year.
The additional money will support Déda’s work with city partners in developing Derby Festé – the annual international streets arts festival.
It will also strengthen Déda’s innovative research and development work nationally to fuse dance, Contemporary Circus and outdoor performance work.
Stephen Munn, CEO and Artistic Director of Déda, said: “We at Déda are delighted to be invited to remain an Arts Council England National Portfolio organisation and today’s statement is recognition of the great work the organisation carries out in the city of Derby and beyond."