The diaspora may play an important role in business development in their home and host countries. Diaspora members can add great economic value across borders through networks, knowledge, and competencies.Female diaspora entrepreneurs could impact to the development of networks and collaborations and could contribute to the most needed empowerment of female entrepreneurial ecosystems between two societies. However, to date little is known about female entrepreneurs in the context of transitional entrepreneurship between Bosnia and Herzegovina on one, and Austria on other side. The general aim of this paper is to portray Bosnia and Herzegovina Diaspora Female Entrepreneurs in Austria mainly through their key endeavor motivations, and strategies, networking and their perception of success. Thus, the results will provide recommendations for policymakers to create more open and effective diaspora female entrepreneurship ecosystems, as influencing factor of their transnational entrepreneurial activities.