The report describes the implementation of a university-based cooperative program with business and industry designed to allow occupational education teachers the opportunity to upgrade skills and gain work experience. The introduction describes the evolution of the project and its aims to maximize cooperation among classroom teachers, administrators, business and industry, and the university for their mutual benefit. A chapter on procedures describes the formation of an inservice cooperative education committee at the University, the pre-session orientation meeting, the selection of teacher-participants, the details of the inservice work experience for academic credit program, the activities of teacher-participants, the evaluation conference, and other related activities. The final chapter discusses the increased awareness of the value of inservice work experience; describes the advantages of the program to teachers, administrators, business, and industry; and recommends the further development of such programs. Comprising one-half of the report, the appendixes include pre-session conference materials, information sent to teacher-participants, responses of teacher-participants regarding inservice work experience, followup questionnaire responses, and a sample teacher-participant report to her local school board. (JR)