Abstract

Objectives: This study aims to shed light on governmental financial support strategies and their role in promoting women's entrepreneurship by means of a simulation-based comparison of the Algerian and Saudi experiences. Methods: The study employed the comparative method in addition to the descriptive-analytical approach, enabling the researcher to describe and analyze the reality of government policies in both countries and to compare similarities and differences in terms of objectives, mechanisms, and outcomes. Results: The study concluded that governmental financial support effectively contributes to fostering entrepreneurial spirit among women, which in turn positively reflects on achieving economic and social development. However, this role still requires further coordination and improvement in certain areas to ensure sustainable success, while taking into consideration the distinctive characteristics of this group. Conclusions: The study concludes that economically empowering women through supporting small and medium-sized enterprises constitutes a strategic option within modern development policies. The Algerian experience has shown a focus on vulnerable social groups and rural areas, whereas Saudi Arabia has emphasized innovation and digitalization within the framework of implementing Vision 2030.