----------------------------------------------------------------------------------------------
                       (1)          (2)          (3)          (4)          (5)          (6)   
----------------------------------------------------------------------------------------------
Grants               -0.08         0.25        -0.03        -0.08         0.05        -0.09   
                    (0.13)       (0.21)       (0.08)       (0.10)       (0.11)       (0.06)   

Grants # Female       0.08         0.43        -0.24*       -0.07        -0.10         0.05   
                    (0.20)       (0.34)       (0.14)       (0.14)       (0.15)       (0.09)   

Grants and BDS       -0.09        -0.10         0.15*        0.03         0.04        -0.02   
                    (0.13)       (0.20)       (0.09)       (0.09)       (0.10)       (0.06)   

Grants and BDS~e     -0.27         1.41***     -0.53***     -0.29**      -0.15        -0.09   
                    (0.19)       (0.32)       (0.13)       (0.13)       (0.15)       (0.09)   

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

Baseline busin~r \checkm~k    \checkm~k    \checkm~k    \checkm~k    \checkm~k    \checkm~k   
----------------------------------------------------------------------------------------------
Observations         1,715        1,715        1,715        1,715        1,715        1,715   
\hline                                                                                        
Grant effect f~s      0.00       0.68**      -0.27**        -0.15        -0.05        -0.05   
                    (0.15)       (0.28)       (0.11)       (0.10)       (0.10)       (0.07)   
Grant and BDS ~s  -0.36***      1.31***     -0.38***     -0.26***        -0.11       -0.11*   
                    (0.14)       (0.26)       (0.10)       (0.09)       (0.11)       (0.06)   
\hline                                                                                        
Control+BDS on~e      2.32         9.39         1.26         2.02         7.37         1.42   
Control +BDS o~e      3.49         6.47         2.58         1.93         7.70         1.59   
\hline                                                                                        
$[$ Grant=Gran~e      0.94         0.10         0.06         0.33         0.96         0.26   
$[$ Grant=Gran~a      0.02         0.02         0.29         0.25         0.61         0.38   
----------------------------------------------------------------------------------------------
* p<0.10, ** p<0.05, *** p<0.01
