---------------------------------------------------------------------------------
---------------------------------------------------------------------------------
Female                0.10         0.18        -0.03         0.05         0.38***
                    (0.11)       (0.13)       (0.08)       (0.08)       (0.08)   

Grants                0.63***      0.38**       0.26***      0.30***     -0.18*  
                    (0.14)       (0.15)       (0.10)       (0.10)       (0.09)   

Grants # Female      -0.40**      -0.03        -0.01        -0.23*        0.11   
                    (0.18)       (0.21)       (0.13)       (0.13)       (0.12)   

Grants and BDS        0.56***      0.65***      0.33***      0.30***     -0.19** 
                    (0.13)       (0.13)       (0.09)       (0.09)       (0.09)   

Grants and BDS~e     -0.26        -0.51***     -0.14        -0.11         0.12   
                    (0.18)       (0.19)       (0.12)       (0.13)       (0.12)   

County FE        \checkm~k    \checkm~k    \checkm~k    \checkm~k    \checkm~k   

Baseline busin~r \checkm~k    \checkm~k    \checkm~k    \checkm~k    \checkm~k   
---------------------------------------------------------------------------------
Observations         1,715        1,715        1,715        1,715        1,611   
\hline                                                                           
Grant effect f~s     0.23*       0.35**      0.25***         0.08        -0.07   
                    (0.12)       (0.14)       (0.08)       (0.09)       (0.08)   
Grant and BDS ~s    0.30**         0.14       0.19**       0.19**        -0.07   
                    (0.13)       (0.14)       (0.08)       (0.09)       (0.08)   
\hline                                                                           
Control+BDS on~e      4.06         7.34        -1.30         2.85        -0.14   
Control +BDS o~e      4.17         7.55        -1.32         2.91         0.26   
\hline                                                                           
$[$ Grant=Gran~e      0.67         0.09         0.47         0.98         0.93   
$[$ Grant=Gran~a      0.60         0.17         0.55         0.22         0.99   
---------------------------------------------------------------------------------
* p<0.10, ** p<0.05, *** p<0.01
