For the first time, nine of the nation’s most prominent universities (UC Berkeley, Caltech, Stanford, UCLA, University of Michigan, Harvard University, University of Texas, Austin, University of Washington, and Georgia Institute of Technology) are engaging in joint mentorship, scientific collaboration, career development and guidance of advanced PhD students and postdoctoral fellows. The goal of the Research Exchange is to increase the advancement of diverse PhD students and postdoctoral fellows from participating top tier institutions into the most competitive research and teaching careers. To achieve this, we have established the Research Exchange. Through this program, the alliance will sponsor a student or postdoctoral fellow’s visit with a faculty member or research scientist for a short period to learn new techniques, engage in collaborative discussion for innovative problem solving and face-to-face interaction between scientists at any of our participating institutions. The Research Exchange will support a visit to a research group at any of the partner institutions. Visits may last approximately one week and applicants will be awarded up to $1500 for intra-state visits, and up to $2,000 for inter-state visits. The goals of the program are to promote cross-institutional exchange between students and faculty across the alliance institutions, aid students in their search for postdoctoral mentors, help researchers identify future collaborators, and welcome students into the broader scientific network.