From the CBYX website.
The Congress-Bundestag Youth Exchange for Young Professionals (CBYX) is a fellowship funded by the German Bundestag and U.S. Congress, that annually provides 75 American and 75 German young professionals the opportunity to spend one year in each others’ countries, studying, interning, and living with hosts on a cultural immersion program.
The CBYX program is sponsored in the United States. by the Department of State’s Bureau of Educational and Cultural Affairs, under the authority of the Fulbright-Hays Act of 1961, as amended.
Cultural Vistas has administered CBYX for Young Professionals for over 29 years, together with its German partner organization, the Deutsche Gesellschaft für Internationale Zusammenarbeit.