Birmingham Opera Company and its artistic director, Graham Vick, have been short-listed for the Calouste Gulbenkian Foundation UK award.
Worth £175,000, the prize is made annually for the support and development of a new performance piece in which leading professionals from the world of opera work with disadvantaged communities.
The production for which it has been shortlisted is The Rise and Fall of the City of Mahagonny by Kurt Weill and Bertolt Brecht.
Birmingham Opera Company plans to put a new spin on the opera to create a “radical experiment”.
It will span digital, broadcast media and virtual worlds and see artists and participants working together both online and offline in both Birmingham and beyond.
More than 100 organisations in the UK were nominated and the winner will be announced at the end of June.
Jean Nicholson, general manager of Birmingham Opera Company, said: “We’re delighted to have been short-listed with this radical interpretation to make opera live on the screen, in the hand, in the street and in the heart – it will be a two-year creative marathon.”
Andrew Barnett, UK director of the Calouste Gulbenkian Foundation, said the aim of the prize was to “establish ongoing connections” with arts companies and their communities.