Grants For Students

Binational Business Program
Opens: April, 2022
Closes: Oct. 11, 2022

Program Description

Unique among Fulbright programs worldwide, the Binational Business program was created in 1996 to promote mutual understanding between the business communities in Mexico and U.S. During a ten-month period each grantee interns at a company or organization while taking MBA courses at a Mexican university.

As of 2022, there are two locations: Mexico City and Mérida in the Yucatan Peninsula. Grantees will be placed in cooperating businesses, and will also take courses related to international business at the Instituto Tecnológico Autónomo de México (ITAM in Mexico City) or Anáhuac Mayab University (Mérida). The most significant component of the program is the internship; grantees will spend about 90% of their time working in the company.

The combination of both professional and academic components provides unique insight into the bilateral relationship. While the majority of placements are with for-profit companies, each year there may be opportunities to work in the nonprofit sector. COMEXUS is unable to guarantee placements in specific companies, sectors and/or industries.

In recent years, COMEXUS has placed grantees in a variety of organizations, including traditional and multinational companies, financial institutions, airlines and start-ups. In Mexico City, these workplaces have included Ashoka, Angel Ventures, Casa Dragones, Convixión, Endeavor, Evercore, and Volaris among others. In Mérida, participating companies include Bepensa, Inalca Food & Beverage, and Grupo Orve. Please note that the list of participating companies and NGOs is subject to change every year.

COMEXUS is unable to guarantee placements in specific regions, companies, sectors and/or industries.

IMPORTANT NOTE: Grantees are not required to submit a project in order to apply for this grant. If included, this should be considered an additional activity and must not interfere with the internship.

Security Policy

The Commission follows the recommendations of both the Mexican government and the U.S. Embassy Travel Warnings when placing US Fulbright grantees in Mexico. This may mean that placement will be restricted in certain states or areas of Mexico depending upon these recommendations.
See U.S. Department of State webpage for detailed information:


• U.S. citizen

• Proficient Spanish

• Minimum degree: B.S./B.A. by program start

• Must not be living or working in Mexico during the application process

• Double citizenship candidates can compete for a grant.


• Round-trip airfare

• Monthly stipend

• Fulbright medical benefit plan

• Tuition

Call for Applications

• Opens: April, 2022

• Closes: October 11, 2022 5:00 pm EST

• For further information please see or email

• Shortlisted candidates will be invited to be interviewed in February 2023.

• “At large“ candidates must submit their application online "here" When doing so, please select Study/Research as award type and select select Internship for special award type.

Starting Date

• Ten month grants from Sept. 1 through June 30

The US-Mexico Commission for Educational & Cultural Exchange is the leading binational agency dedicated to promoting understanding between the two countries through educational exchange of citizens who have demonstrated excellence and leadership.

For additional details:

Contact: Jessica Contreras

Berlín 18 Piso 2 Colonia Juárez

C.P 06600 México DF




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