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In this video, Veronica from Michigan Medical School's Office of Research explains the key aspects of a cooperative agreement funding mechanism, specifically the NIH U-type grant. She highlights the significant role of funding agency staff in these agreements, emphasizing the differences from standard grants like NIH R-type grants. Cooperative agreements are designed to support investigator-driven research, which means that agency staff are more involved in both scientific and administrative aspects compared to traditional grants. Understanding these distinctions is crucial for applicants considering a cooperative agreement award. The presentation will frequently reference NIH cooperative agreements.