The four-year scholarship is the first from the Latin Grammy Cultural Foundation to be sponsored by a record label.
The global recording deal follows months of negotiations.
The Colombian artist will make his label debut with his new single "Una Pregunta" featuring Gerardo "El Jerry" Coronel.
The deal is in partnership with her manager & supported by Atlantic Records.
Granados previously served as director of A&R at Warner Music México.
New music from the singer, who hasn't released an album since 2013, will soon be announced.
The news comes on the heels of Becerra receiving the Visionary Award at the Billboard Latin Women in Music gala.
