---------------------------------------------------------------------------------
---------------------------------------------------------------------------------
Grants                1.08***      1.00***     -0.41**       0.32*       -0.18   
                    (0.22)       (0.26)       (0.16)       (0.18)       (0.16)   

Grants # Female      -0.97***     -0.53        -0.04        -0.31         0.07   
                    (0.29)       (0.34)       (0.21)       (0.23)       (0.21)   

BDS                   0.55***      0.75***     -0.18         0.02        -0.00   
                    (0.21)       (0.25)       (0.15)       (0.17)       (0.16)   

BDS # Female         -0.68**      -0.60*       -0.06        -0.10        -0.05   
                    (0.28)       (0.33)       (0.20)       (0.23)       (0.20)   

Grants and BDS        1.02***      1.26***     -0.48***      0.32*       -0.19   
                    (0.21)       (0.25)       (0.15)       (0.17)       (0.16)   

Grants and BDS~e     -0.83***     -1.00***      0.08        -0.19         0.08   
                    (0.29)       (0.33)       (0.20)       (0.23)       (0.21)   

Female                0.66***      0.68**       0.09         0.13         0.42** 
                    (0.25)       (0.30)       (0.18)       (0.21)       (0.19)   

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      0.12       0.47**     -0.45***         0.01        -0.12   
                    (0.19)       (0.22)       (0.13)       (0.15)       (0.13)   
BDS effect for~s     -0.13         0.14       -0.25*        -0.07        -0.05   
                    (0.19)       (0.21)       (0.13)       (0.15)       (0.13)   
Grant and BDS ~s      0.19         0.26     -0.40***         0.13        -0.12   
                    (0.19)       (0.21)       (0.13)       (0.15)       (0.13)   
---------------------------------------------------------------------------------
* p<0.10, ** p<0.05, *** p<0.01
