The purpose of this research is to examine the situation of female entrepreneurs in Sweden by exploring the Swedish governments adopted, targeted entrepreneurship policy on women entrepreneurs and evaluate the program “Support Women Entrepreneurs 2007-2009” implemented by the Swedish Agency for Economic and Regional Growth. In the program evaluation process qualitative data analyses methods are used. The aim of the evaluation is to measure how planned program/component parts were implemented in practice and whether set goals were accomplished. Overall results from the program evaluation should be considered as positive. The original program plan consisted of six parts, 20 goals, and 34 component parts. Out of the 34 component parts, 18 were acknowledged to have been accomplished, information was not available for 14 component parts and 2 component parts were found not to be accomplished. Due to the program’s complexity in execution, involving different executive layers on national, regional and municipal levels, evaluation process was quite demanding and still it could not represent the highest level of preciseness in evaluating component parts.