Despite institutional efforts to address growth in tourism business in Sami area, they are still marked by weak entrepreneurship and lack of business-research collaboration for stimulating creative and innovative industrial processes. Our paper focus on the economic and political framework for entrepreneurship in the context of Sami areas in Norway and Sweden. We describe this framework and ask to what extent national financial instruments enhance or restrain scope of entrepreneurship in Sami areas. Further, we investigate how key actors involved in supporting entrepreneurship on the state, regional and local level manage (or fail) to fill the gap between national financial instruments and needs in Sami areas. One important question is; can the scope of the financial instruments and policy towards entrepreneurship in Sami Areas be changed to better catch the needs of the business, if so how? Is it possible to develop a model to encompass local place and culture specific needs of the Sami people and still fit the national policy of entrepreneurship? To address this question, we have use data obtained from a survey among applicants for entrepreneurial support (financial, networking and competence) to the Norwegian Sami parliament. Further, we have made personal interviews key individuals designing financial and supportive instruments for this particular target group, and finally interviewed Sami tourism entrepreneurs. The Sami entrepreneurs are an important source of information, because their personal knowledge as users of the financial system. Therefore, we have establish a dialogue with Sami entrepreneurs involved in our study. Involving Sami entrepreneurs more actively in research that include indigenous perspectives, can contribute to address the challenges of decolonized research within political science. Further, we have studied policy documents of the Sami Parliament in Norway and Sweden and statutes for other financial and supportive institutions relevant for entrepreneurship in Sami areas.