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Veronica from Michigan Medical School's office of research discusses the key details of a cooperative agreement funding mechanism, specifically an NIH-U-type grant. This video emphasizes the substantial role of funding agency staff and best practices for applying for a cooperative agreement. Cooperative agreements differ significantly from typical grant funding mechanisms like NIH-R-type grants, requiring more scientific and administrative involvement from the funding agency. The purpose of a cooperative agreement is to support investigator-driven research. Understanding these differences is crucial before choosing to apply for a cooperative agreement award.